KelpDAO
Picha iliyoundwa na AI
Kraken moves wrapped bitcoin to chainlink after kelp dao exploit
Imeripotiwa na AI Picha iliyoundwa na AI
Kraken announced it is switching its wrapped Bitcoin token kBTC to Chainlink's Cross-Chain Interoperability Protocol. The move follows the KelpDAO exploit that resulted in a $292 million loss and heightened concerns over bridge security in DeFi. The exchange will make CCIP the exclusive cross-chain infrastructure for kBTC and future wrapped assets.