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 Labs has appointed Katherine Kirkpatrick Bos as its new Head of Legal, bringing extensive experience from both centralized finance (CeFi) and decentralized finance (DeFi). Bos previously served as General Counsel at StarkWare and Maple Fina...
BitGo has replaced LayerZero with Chainlink's Cross-Chain Interoperability Protocol (CCIP) as the exclusive provider for cross-chain transfers of Wrapped Bitcoin (WBTC), worth $7.3 billion. This migration increases the total value of assets moving fr...
BitGo, the custodian behind Wrapped Bitcoin (WBTC), has chosen Chainlink's Cross-Chain Interoperability Protocol (CCIP) as the exclusive technology to bridge WBTC and future wrapped assets across blockchains. This move gives Chainlink a dominant role...
XRP spot ETFs continued to attract inflows for the fourth consecutive day, led by Canary's XRP product, highlighting growing investor interest and a notable share of XRP's market cap held in ETFs. In contrast, Hyperliquid ETFs experienced net outflow...
Chainlink's market cap remains steady near $6.25 billion with daily trading volume around $215 million, indicating normal liquidity. Significant whale activity shows long-term accumulation, with one whale moving 266,414 LINK worth $2.15 million into ...
