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via Cointelegraph · By Cointelegraph Staff
Kraken Switches from LayerZero to Chainlink after Kelp DAO Hack
LINK
LINK/USDT
$9.458
-1.41%
$9.458
-1.41%
(24s)24h Volume
$192,172,628.51
24h H/L
$9.599 / $9.296
Change: $0.3030 (3.26%)
Long/Short
63.1%
Long: 63.1%Short: 36.9%
Funding Rate
+0.0007%
Longs pay
Data provided by COINOTAG DATALive data
CS
Cointelegraph Staff(07:10 AM UTC)
1 min read
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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