Kraken just dropped LayerZero for Chainlink.
In April, a $292M hack exposed a major flaw in LayerZero's bridge — software that moves crypto between different blockchains. The fallout triggered a mass exodus.
- Kraken moved its wrapped Bitcoin and all future tokens to Chainlink
- Coinbase already made the same switch with $7B last year
- Three other major protocols followed — $3B moved in total
- Chainlink already powers 70% of DeFi's price data infrastructure
Institutions are quietly picking a winner for cross-chain security. That winner looks like $LINK.
Are you adding to your $LINK position here, or waiting for more confirmation?