Holders of the firm’s kBTC token, which is backed 1:1 by Bitcoin held in custody by Kraken, do not need to take any action at this time. The token holds a market cap of around $266 million at the time of writing.
Kraken chose Chainlink CCIP because it offers enterprise-grade infrastructure…
“Together, Chainlink and Kraken can help accelerate the global adoption of crypto by unlocking utility and distribution for all Kraken Wrapped Assets across DeFi,” Kraken said.
Solv Protocol Will Dump LayerZero, Migrate $700M Tokenized Bitcoin Tech to Chainlink
Attackers from Lazarus were able to drain 116,500 rsETH liquid staking tokens from Kelp DAO’s infrastructure after "poisoning" internal RPCs used by LayerZero Labs, according to a postmortem from the interoperability firm.
