Community Articles

via Decrypt · By Decrypt Editorial

Lombard Finance Dumps LayerZero, Will Use Chainlink to Power $1 Billion in Bitcoin Assets

ZRO

ZRO/USDT

$0.9310

-3.02%

$0.9310

-3.02%

(24s)

24h Volume

$24,944,676.23

24h H/L

$0.9880 / $0.9080

Change: $0.0800 (8.81%)

Funding Rate

+0.0017%

Longs pay

Data provided by COINOTAG DATALive data

ZRO

Daily

$0.9380

▲ 0.75%

Volume (24h): -

Resistance Levels

Resistance 3$1.1754

Resistance 2$1.054

Resistance 1$0.9402

Price$0.9380

Support 1$0.9303

Support 2$0.7963

Support 3$0.3629

Pivot (PP):$0.939333

Trend:Downtrend

RSI (14):42.1

Decrypt Editorial

(08:54 PM UTC)

1 min read

Reviewed byJames Mitchell

940 views

0 comments

In brief

Lombard Finance is the latest firm to move its assets off LayerZero technology in favor of Chainlink.
The firm conducted an internal review of its technology, opting for Chainlink in the wake of the Kelp DAO exploit.
Lombard's assets make up more than $1 billion in Bitcoin-backed tokens.

Bitcoin decentralized finance (DeFi) firm Lombard Finance will replace LayerZero technology with…

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.

Add COINOTAG as a Preferred Source

Add COINOTAG to your preferred sources in Google News and Search to see our coverage first.

Add on Google

Source

Decrypt Editorial · Decrypt

Read original →

Live ZRO price →More ZRO news →

Comments