Solv Protocol is migrating its cross-chain infrastructure from LayerZero to Chainlink CCIP to enhance security for over $700 million in wrapped Bitcoin assets. This move follows multiple bridge-related hacks in the crypto space, prompting Solv to prioritize stronger security and reduce systemic risk. Chainlink CCIP offers decentralized architecture and robust security guarantees, making it the default cross-chain communication layer for Solv's Bitcoin DeFi products. The transition also involves deprecating LayerZero support on several networks, reflecting a broader trend of DeFi protocols adopting Chainlink CCIP for institutional-grade security.
OKX has integrated Chainlink Data Streams into the mainnet of its X Layer, a zero-knowledge Layer 2 (ZK L2) solution. This partnership aims to enable decentralized finance (DeFi) applications powered by artificial intelligence and support protocols i...
U.S. spot ETFs for Solana (SOL) and XRP (XRP) attracted modest inflows on June 18, driven mainly by Bitwise’s ETFs, indicating selective institutional interest. XRP spot ETFs recorded $2.55 million in net inflows, contributing to a cumulative $1.45 b...
Bitcoin, Ethereum, and several other major cryptocurrencies experienced significant price declines exceeding 5% in a recent market downturn. Bitcoin fell to around $62,488, while Ethereum dropped to about $1,679. This widespread sell-off reflects inc...
Chainlink Labs has achieved SOC 2 Type 2 attestation and holds ISO/IEC 27001:2022 certification, becoming the only oracle platform with these top security credentials simultaneously. This milestone assures institutional clients like JPMorgan and Fide...
Nearly $460.9 million in leveraged crypto positions were liquidated in 24 hours as Bitcoin and Ethereum gains caused a broad short squeeze, forcing many traders betting on price drops to close positions. Bitcoin rose 1.09% to $140,697 and Ethereum cl...
