According to ChainCatcher, multiple protocols with combined TVL exceeding $2 billion have announced migration from LayerZero to Chainlink CCIP. KelpDAO ($1.5 billion), SolvProtocol ($600 million), and re ($200 million) have all confirmed their moves to the Chainlink infrastructure.
The migration follows LayerZero’s recent apology for poor communication during a security incident. The company acknowledged that its internal RPC was compromised by Lazarus Group and admitted to incorrectly allowing LayerZero Labs DVN as a single validator for high-value transactions, creating a single point of failure.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
MarsCat and Conflux Announce Strategic Partnership on Privacy-Focused Web3 Infrastructure
According to MarsCat's announcement on May 9, MarsCat Global and Conflux Network entered into a strategic collaboration to develop decentralized, privacy-oriented Web3 infrastructure powered by Conflux's Tree-Graph consensus mechanism. The partnership aims to combine MarsCat's encryption-focused
GateNews3h ago
UXLINK Partners with Haven AI to Launch AI-Powered Cross-Chain DeFi Yield Tools
According to UXLINK's announcement on May 9, the platform partnered with Haven AI to introduce AI agents capable of converting natural language commands into automated cross-chain DeFi strategies. The collaboration aims to simplify yield generation and reduce technical barriers for Web3 users
GateNews3h ago
Ripple’s RLUSD Grant Results Show How $25M Reached US Classrooms
Ripple’s $25 million education commitment reached classrooms nationwide, with most funding distributed in RLUSD through grants supporting more than 48,000 DonorsChoose projects. The first-year results highlighted stablecoin use in nonprofit funding, teacher support, and student education
Coinpedia7h ago
PENGU Holds Key Support as ETF Filing Fuels Market Activity
Key Insights:
PENGU holds above key support near $0.01 while weekly gains outpace the broader crypto market, supported by strong trading activity and buyer interest.
ETF filing by Canary Capital under SEC review introduces institutional exposure potential, positioning PENGU within a new
CryptoNewsLand14h ago
Bittensor Rallies After ETF Filings as Capital Eyes New Tokens
Key Insights:
Bittensor surged after dual ETF filings, with volume rising sharply as institutional interest in AI crypto strengthened across markets and reinforced demand signals.
Supply cuts and high staking rates limit circulating TAO, supporting price stability while analysts project
CryptoNewsLand16h ago
Payward Applies for OCC National Trust Charter
Payward, the parent company of Kraken crypto exchange, has applied for a national trust company charter with the Office of the Comptroller of the Currency, according to a statement released May 8, 2026. The application seeks to establish Payward National Trust Company (PNTC) to serve institutional c
CryptoFrontier17h ago
