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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

$7.407

-2.44%

$7.407

-2.44%

(24s)

24h Volume

$189,008,687.45

24h H/L

$7.70 / $7.123

Change: $0.5770 (8.10%)

Long/Short

69.3%

Long: 69.3%Short: 30.7%

Funding Rate

+0.0046%

Longs pay

Data provided by COINOTAG DATALive data

Chainlink

Daily

$7.418

▼ -0.12%

Volume (24h): -

Resistance Levels

Resistance 3$8.1517

Resistance 2$7.8146

Resistance 1$7.4369

Price$7.418

Support 1$7.3568

Support 2$6.996

Support 3$5.9423

Pivot (PP):$7.416

Trend:Downtrend

RSI (14):32.8

The Block Editorial

(06:33 PM UTC)

1 min read

Reviewed byJames Mitchell

868 views

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…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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The Block Editorial · The Block

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