Solv Protocol is migrating over $700 million in tokenized bitcoin assets from the LayerZero bridge to Chainlink's Cross-Chain Interoperability Protocol (CCIP) following a security review and recent cross-chain hacks. This move follows Kelp DAO's similar shift after a $292 million exploit on its LayerZero bridge, with both migrations reflecting a broader industry trend toward more secure and decentralized cross-chain infrastructure. Chainlink's CCIP offers enhanced security and decentralization, addressing vulnerabilities linked to LayerZero's single-verifier setup. Together, Solv and Kelp's migrations represent nearly $1 billion in assets moving to Chainlink, signaling a significant 'flight to quality' in the DeFi space.
Bitcoin's price slightly fell to $64,164, reflecting broader market caution as equity indices and financial indicators like the US 10-year yield and DXY suggest tighter conditions. Meanwhile, Ethereum gained 2.09% to $1,908, showing selective investo...
Chainlink's Cross-Chain Interoperability Protocol (CCIP) has facilitated over $21 billion in total transferred volume and supports more than $62 billion in tokens across over 60 blockchains as of July 2026. Monthly transactions reached about $18 bill...
Recent whale wallet activity shows a shift toward accumulating Bitcoin rather than selling, supported by a 3.25% price increase to $64,514 and Ethereum's 5.04% gain. Reduced outflows from exchanges and steady miner behavior indicate holders are movin...
Aave, the largest decentralized lending protocol, has made Chainlink's Cross-Chain Interoperability Protocol (CCIP) its default infrastructure for all cross-chain operations, following a $292 million exploit on a LayerZero bridge. This incident trigg...
Chainlink's price rose over 5% following Mantle's migration of its $2.5 billion Super Portal to Chainlink’s cross-chain infrastructure, boosting bullish momentum amid a broader crypto rally driven by softer U.S. inflation data. Large investors increa...
