BitGo is moving $7.3 billion of wrapped Bitcoin (WBTC) cross-chain operations from LayerZero to Chainlink's Cross-Chain Interoperability Protocol (CCIP), making Chainlink the exclusive infrastructure for WBTC. This transition consolidates BitGo's token deployments under Chainlink's Cross-Chain Token standard, allowing BitGo to maintain full control over smart contract governance and transfer rules. The move follows a broader industry trend away from LayerZero after security concerns, with other major protocols also migrating to Chainlink. While no full timeline has been shared, current WBTC holders will see no immediate changes beyond backend updates, and BitGo aims to standardize future cross-chain asset issuance securely under this framework.
Chainlink (LINK) surged 7.4% to $12.34, driven by a general crypto market rally and news that US broker Charles Schwab plans to add LINK to its crypto offerings. While this announcement signals growing institutional interest, Schwab's service is curr...
Chainlink's LINK token gained over 3.5%, reaching $11.78, supported by a strong technical base and positive regulatory news. The SEC granted a conditional five-year exemption allowing blockchain-based trading of tokenized U.S. equities, a significant...
