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via The Block · By The Block Editorial

Chainlink CCIP gains over $2.5 billion in TVL from protocols migrating from LayerZero, with Kraken Bitcoin the latest to join

LINK

LINK/USDT

$12.191

+2.34%

$12.191

+2.34%

(24s)

24h Volume

$280,231,964.42

24h H/L

$12.462 / $11.895

Change: $0.5670 (4.77%)

Long/Short

68.2%

Long: 68.2%Short: 31.8%

Funding Rate

+0.0064%

Longs pay

Data provided by COINOTAG DATALive data

Chainlink

Daily

$12.144

▲ 0.80%

Volume (24h): -

Resistance Levels

Resistance 3$14.1497

Resistance 2$12.7375

Resistance 1$12.3267

Price$12.144

Support 1$11.8315

Support 2$11.3035

Support 3$10.6205

Pivot (PP):$11.9593

Trend:Uptrend

RSI (14):68.3

The Block Editorial

(06:33 PM UTC)

1 min read

Reviewed byJames Mitchell

0 comments

Crypto exchange Kraken is deprecating its LayerZero-powered infrastructure and migrating to Chainlink to secure its Kraken Wrapped Bitcoin (kBTC) product, according to an announcement on Thursday.

With this move, Kraken has become at least the fourth crypto firm or project to deprecate its LayerZero cross-chain channels following the massive Kelp DAO attack last month, which some onlookers…

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The Block Editorial · The Block

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