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via Cointelegraph · By Cointelegraph Staff

Kraken Switches from LayerZero to Chainlink after Kelp DAO Hack

LINK

LINK/USDT

$7.455

-1.00%

$7.455

-1.00%

(24s)

24h Volume

$191,474,972.22

24h H/L

$7.583 / $7.123

Change: $0.4600 (6.46%)

Long/Short

68.2%

Long: 68.2%Short: 31.8%

Funding Rate

-0.0014%

Shorts pay

Data provided by COINOTAG DATALive data

Chainlink

Daily

$7.46

▲ 0.44%

Volume (24h): -

Resistance Levels

Resistance 3$8.1517

Resistance 2$7.9151

Resistance 1$7.548

Price$7.46

Support 1$7.4318

Support 2$7.206

Support 3$6.996

Pivot (PP):$7.465

Trend:Downtrend

RSI (14):34.0

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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