Kraken to replace LayerZero with Chainlink for kBTC, future wrapped assets
Kraken said it will replace LayerZero, a protocol for moving crypto assets across blockchains, with an equivalent from Chainlink, after last month’s $292 million bridging attack on liquidity recollateralization protocol Kelp exposed the risks of traditional cross-chain infrastructure. Chainlink’s Cross-Chain Interoperability Protocol (CCIP) will be Kraken’s exclusive cross-chain service for packaged crypto assets, including kBTC,…