Kraken moves Bitcoin to Chainlink as bridge fears spread across DeFi
Kraken is moving its wrapped Bitcoin (kBTC) to Chainlink CCIP as bridge-security fears continue spreading across DeFi, turning the bridge-security debate into a decision about wrapped-Bitcoin infrastructure. In a recent announcement, the exchange said it is deprecating its existing cross-chain provider and moving all Kraken Wrapped Bitcoin to Chainlink's Cro...
Coins in this story
Explore how DeFi is shaping crypto markets — aggregated stories, leading coins, and weekly momentum.
Explore narrativeRelated stories
Bitcoin Miner IREN Closes $3 Billion Convertible Notes Offering to Fuel AI Transformation
IREN, a prominent Bitcoin mining firm, completed a $3 billion convertible notes offering to accelerate its AI cloud infrastructure buildout....
Bitcoin Giant Strategy Moves to Retire $1.5 Billion in Convertible Debt, Says It Could Sell BTC
A major Bitcoin holder plans to retire $1.5 billion in convertible debt and signaled willingness to sell BTC holdings if needed. Bitcoin traded near $79,000, down 2.21% as markets absorbed the announcement. The move could increase selling pressure on the cryptocurrency. For Indian investors, large institutional liquidations often precede volatility spikes, making risk management crucial during such transitions.
Gemini Stock Jumps on Revenue Rise, $100M Bitcoin Investment From Winklevoss Capital
Gemini's stock surged following reported revenue growth and a $100 million Bitcoin investment from Winklevoss Capital, signaling institutional confidence in the crypto exchange. The move reflects growing mainstream adoption and institutional interest in digital assets. For Indian investors, this demonstrates major platforms' financial strengthening amid regulatory scrutiny, potentially improving service stability and credibility in emerging markets.