Community Articles

via The Block · By The Block Editorial

Solv Protocol drops LayerZero in favor of Chainlink for $700 million tokenized bitcoin

ZRO

ZRO/USDT

$1.092

+2.82%

$1.092

+2.82%

(24s)

24h Volume

$41,744,794.44

24h H/L

$1.123 / $1.039

Change: $0.0840 (8.08%)

Funding Rate

+0.0042%

Longs pay

Data provided by COINOTAG DATALive data

ZRO

Daily

$1.088

▲ 2.54%

Volume (24h): -

Resistance Levels

Resistance 3$1.3085

Resistance 2$1.2255

Resistance 1$1.1487

Price$1.088

Support 1$1.07

Support 2$0.9719

Support 3$0.8371

Pivot (PP):$1.0593

Trend:Sideways

RSI (14):56.9

The Block Editorial

(02:17 AM UTC)

1 min read

Verified byDavid Kim

0 comments

Bitcoin-centric DeFi platform Solv Protocol announced that it will migrate to Chainlink from LayerZero, following a major security incident involving the latter.

In a Thursday post, Solv Protocol wrote it will phase out LayerZero's bridging support for SolvBTC and xSolvBTC with Corn, Berachain, Rootstock, and TAC. Instead, Solv designated Chainlink's CCIP as its official cross-chain…

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

The Block Editorial · The Block

Read original →

Live ZRO price →More ZRO news →

Comments