Kraken to Migrate Wrapped Bitcoin Tech to Chainlink as LayerZero Exodus Expands
Kraken is migrating its wrapped Bitcoin technology to Chainlink, accelerating the broader exodus from LayerZero's infrastructure. This shift reflects growing developer concerns about LayerZero's governance and technical architecture. Chainlink's established oracle network and reputation make it the preferred alternative for institutional-grade crypto bridges. The migration signals increasing competition among interoperability solutions, with Chainlink strengthening its market position while LayerZero faces reduced institutional backing.
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Tether, Tron and TRM Financial Crime Unit Has Frozen $450 Million in Illicit Crypto Funds
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