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via Cointelegraph · By Cointelegraph Staff

Kraken Switches from LayerZero to Chainlink after Kelp DAO Hack

LINK

LINK/USDT

$12.15

+1.92%

$12.15

+1.92%

(24s)

24h Volume

$280,277,076.42

24h H/L

$12.462 / $11.88

Change: $0.5820 (4.90%)

Long/Short

68.2%

Long: 68.2%Short: 31.8%

Funding Rate

+0.0066%

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

Cointelegraph Staff

(07:10 AM UTC)

1 min read

Approved byMichael Roberts

0 comments

Crypto exchange Kraken announced Thursday that it changed its cross-chain provider from LayerZero to Chainlink’s Cross-Chain Interoperability Protocol, joining a number of protocols that have made the move following the Kelp DAO exploit in April.

Kraken said it is deprecating its existing cross-chain provider and migrating to Chainlink CCIP as its exclusive cross-chain infrastructure to secure…

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Source

Cointelegraph Staff · Cointelegraph

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