Solv Protocol migrates $700 million worth of bitcoin to Chainlink CCIP
Show original
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
Solv Protocol has migrated Bitcoin tokens worth $700 million from the LayerZero bridge to Chainlink's CCIP due to security audits and recent cross-chain attacks. Kelp DAO also took similar action after its LayerZero bridge suffered a $292 million attack. LayerZero and Kelp have blamed each other for the bridge's single validator setup. The total migration by Solv and Kelp amounts to nearly $1 billion in assets moved to Chainlink CCIP.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now！
You may also like
Patterson-UTI averages 101 US drilling rigs operating in August 2026
Reuters•2026/09/08 00:15
10-Yr Benchmark Govt Yields - Germany vs Other Nations
Dow Jones•2026/09/08 00:10
2-Yr Benchmark Govt Yields - Germany vs Other Nations
Dow Jones•2026/09/08 00:10
2-Yr Benchmark Govt Yields - U.S. vs Other Nations
Dow Jones•2026/09/08 00:10
Crypto prices
More
Bitcoin
BTC
$78,967.76
-1.50%
Ethereum
ETH
$2,483.79
-1.26%
Tether USDt
USDT
$0.9998
-0.01%
BNB
BNB
$739.22
-2.16%
XRP
XRP
$1.4
-1.72%
USDC
USDC
$0.9999
-0.01%
Solana
SOL
$103.71
-2.31%
TRON
TRX
$0.3345
-0.17%
Hyperliquid
HYPE
$84.9
-3.22%
Zcash
ZEC
$1,137.48
-6.84%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now