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via Cointelegraph · By Cointelegraph Staff

Kraken Switches from LayerZero to Chainlink after Kelp DAO Hack

LINK

LINK/USDT

$8.567

+1.71%

$8.567

+1.71%

(24s)

24h Volume

$82,459,505.98

24h H/L

$8.665 / $8.361

Change: $0.3040 (3.64%)

Long/Short

67.0%

Long: 67.0%Short: 33.0%

Funding Rate

+0.0016%

Longs pay

Data provided by COINOTAG DATALive data

Chainlink

Daily

$8.596

▲ 2.52%

Volume (24h): -

Resistance Levels

Resistance 3$9.2421

Resistance 2$8.8629

Resistance 1$8.6095

Price$8.596

Support 1$8.4759

Support 2$7.9678

Support 3$7.522

Pivot (PP):$8.363

Trend:Uptrend

RSI (14):60.1

Cointelegraph Staff

(07:10 AM UTC)

1 min read

Approved byMichael Roberts

628 views

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…

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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Source

Cointelegraph Staff · Cointelegraph

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