Solv Protocol to migrate $700 million assets to Chainlink

May 07, 2026

由 AI 报道

Solv Protocol is shifting more than $700 million in tokenized Bitcoin from LayerZero to Chainlink's CCIP. The move follows Kelp DAO's similar decision after a major exploit.

Solv Protocol has announced it will move its SolvBTC and xSolvBTC assets, worth over $700 million, to Chainlink’s Cross-Chain Interoperability Protocol. Support for LayerZero bridges will be deprecated on Corn, Berachain, Rootstock and TAC. The change follows an updated security review and recent cross-chain hacks across the sector.

Illustration of Kraken switching wrapped Bitcoin to Chainlink after KelpDAO exploit

Kraken moves wrapped bitcoin to chainlink after kelp dao exploit

May 15, 2026 由 AI 报道 AI 生成的图像

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.

Kelp blames LayerZero for approving $292 million hack setup

Kelp DAO has accused LayerZero personnel of approving the 1-of-1 verifier setup blamed for a $292 million exploit on its rsETH bridge. The protocol plans to migrate from LayerZero's OFT standard to Chainlink's CCIP. The hack has been linked to North Korea's Lazarus Group.

DTCC to integrate Chainlink for tokenized collateral platform

May 12, 2026 由 AI 报道

The Depository Trust & Clearing Corporation will use Chainlink technology to power its blockchain-based Collateral AppChain platform. The integration supports 24/7 automated collateral management and is set for a Q4 2026 launch. It builds on prior collaboration between the two firms.

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Thorchain opens refund portal after $10 million exploit

May 16, 2026 由 AI 报道

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June 07, 2026 07:37

Solv Protocol to migrate $700 million assets to Chainlink

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