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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

$8.454
+1.34%
24h Volume

$65,347,203.92

24h H/L

$8.496 / $8.342

Change: $0.1540 (1.85%)

Long/Short
69.7%
Long: 69.7%Short: 30.3%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Chainlink
Chainlink
Daily

$8.455

0.83%

Volume (24h): -

Resistance Levels
Resistance 3$9.2421
Resistance 2$8.933
Resistance 1$8.5774
Price$8.455
Support 1$8.2844
Support 2$7.965
Support 3$7.4376
Pivot (PP):$8.363
Trend:Uptrend
RSI (14):56.9
TB
The Block Editorial
(06:33 PM UTC)
1 min read
JM
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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