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.
Kamino, a lending protocol on Solana, has completed a security review of Chainlink's Cross-Chain Interoperability Protocol (CCIP) and found it secure enough to support cross-chain collateral. This approval allows assets transferred via CCIP to qualif...
A single, unattributed address withdrew 246,800 LINK tokens from Binance over four days, valued at about $3.06 million as of October 20, 2026. This transfer represents 1.27% of Chainlink's daily turnover and 0.032% of its circulating supply, indicati...
On October 19, U.S. altcoin spot ETFs showed mixed flows: Litecoin and NEAR ETFs attracted new investments, while Solana and Zcash ETFs experienced net outflows. Other altcoin ETFs like XRP, Dogecoin, Chainlink, and Avalanche remained flat with no si...
The Chainlink Reserve accumulated 431,900 LINK tokens valued at $5.41 million over the past 30 days, highlighting steady accumulation. Meanwhile, U.S. spot LINK exchange-traded funds experienced a net outflow of $397,256 on October 16, reversing a sm...
Chainlink's Reserve has increased its holdings by 431,900 LINK worth $5.41 million in the past 30 days, raising total holdings to 6.29 million LINK. This accumulation has not been spent on network development, potentially creating a supply-demand imb...
