May 14, 2026
Kraken Replaces LayerZero With Chainlink CCIP Bridge
TLDR Kraken will replace LayerZero with Chainlink CCIP for cross-chain transfers of its wrapped assets. The decision follows a $292 million exploit that affected Kelp’s LayerZero-powered bridge in April 2026. Chainlink CCIP will become the exclusive bridge service for Kraken’s wrapped tokens including kBTC. Kraken will continue to issue and custody the underlying assets under [...]
The post Kraken Replaces LayerZero With Chainlink CCIP Bridge appeared first on Blockonomi.
Source: Blockonomi →Related News
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