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via Decrypt · By Decrypt Editorial

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

ZRO

ZRO/USDT

$0.7650
+0.79%
24h Volume

$13,048,666.11

24h H/L

$0.7870 / $0.7490

Change: $0.0380 (5.07%)

Funding Rate

+0.0036%

Longs pay

Data provided by COINOTAG DATALive data
ZRO
ZRO
Daily

$0.7650

0.66%

Volume (24h): -

Resistance Levels
Resistance 3$0.8670
Resistance 2$0.8224
Resistance 1$0.7833
Price$0.7650
Support 1$0.7620
Support 2$0.7176
Support 3$0.4664
Pivot (PP):$0.783333
Trend:Downtrend
RSI (14):39.0
DE
Decrypt Editorial
(08:54 PM UTC)
1 min read
JM
Reviewed byJames Mitchell

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.

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Decrypt Editorial · Decrypt

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