After an extensive security review, @virtuals_io is migrating its $700M+ VIRTUAL token from its legacy bridging solution to Chainlink CCIP.
As Virtuals’ exclusive cross-chain infra, CCIP is unlocking secure cross-chain payments for AI agents across chains.
AI outputs are prone to inaccuracies & hallucinations, creating a bottleneck for enterprise AI adoption.
Swift, UBS, Euroclear, & 20+ major organizations leveraged Chainlink to reduce AI hallucination risk and unlock automated corporate actions.
Chainlink 🤝 AI
Space tomorrow, 5PM Pacific! Why is NRKT taking so long, why I don’t want to launch something prematurely, and why you would fail the marshmallow test if you wanted otherwise.
https://t.co/BqzSPs7gzU
kraken went exclusive chainlink CCIP for all current and future wrapped assets. $4b+ migrated from layerzero in 48 hours after the $292m kelp exploit. ZRO dropped 20%+ on the exodus. the part that compounds: every protocol that wants kraken integration now has to build on CCIP. 47% of layerzero OApps were running the same 1-of-1 DVN config that got drained. 94% admin key overlap between layerzero labs and nethermind DVNs. production multisig keys were being used for shitter trading and LP provisioning. the bridge market just split into two tiers in a single weekend and the institutional tier has one provider
Kraken is deprecating its existing cross-chain provider and migrating to @Chainlink CCIP as its exclusive cross-chain infra to secure Kraken Wrapped Bitcoin (kBTC) & all future Kraken Wrapped Assets.
Kraken chose Chainlink CCIP because it offers enterprise-grade infrastructure with strict security & risk management requirements, including:
• ISO 27001 and SOC 2 Type 2 certifications
• Secure by default architecture
• 16 independent nodes
• Native rate limits, and more.
Together, Chainlink and Kraken can help accelerate the global adoption of crypto by unlocking utility and distribution for all Kraken Wrapped Assets across DeFi.
For kBTC customers, no action is required. More details on the migration process to follow on official Kraken channels.
Today we announced progress toward our goal of advancing 24/7 collateral mobility. DTCC’s Collateral AppChain, a shared infrastructure platform for collateral, will leverage the Chainlink Runtime Environment (CRE) and @chainlink data standard to enable near real-time collateral management across financial markets and blockchains.
The integration will enable the seamless pairing of asset prices, valuations, and movement, with the aim of overhauling how market risk is managed globally and unlock greater capital efficiency.
This milestone reflects our broader vision to enable 24/7, near real-time collateral management across the global financial system.
Read the full announcement: https://t.co/ELVio44scA
In 4 days, 4 leading protocols with $3B+ combined TVL decommissioned their legacy oracles & bridges and are migrating to Chainlink.
⬡ @KelpDAO
⬡ @SolvProtocol
⬡ @re
⬡ @tydrohq
DeFi will win.
After an extensive security review, leading reinsurance protocol @re ($475M+ TVL) is decommissioning its legacy bridging solution & migrating to Chainlink CCIP.
As Re’s exclusive cross-chain infra, CCIP is unlocking secure reUSD distribution across all chains.
DeFi will win.
Last week, CCIP operated seamlessly when cross-chain demand surged:
• $1.3B+ in 7-day volume
• 260%+ volume growth
• $19B+ in cumulative volume
Just use Chainlink.
chainlink ($LINK) SVR sent $11m to aave's treasury in 14 months by auctioning off liquidation priority that searchers used to extract for free. 99% market share in a revenue category that didn't exist 18 months ago. pyth has no equivalent. redstone has no equivalent. the auction needs searcher liquidity to function and searchers already built around chainlink infrastructure. competitors face a cold start problem they can't solve without 80% oracle market share they don't have. aave governance voted for this because it's pure income with zero downside. $17m total recaptured is small against a $6.9b mcap today but SVR scales linearly with liquidation volume. when DeFi TVL triples from here the math gets very different and the lock-in is already complete
NEW: The Chainlink data standard is now live on @amazon’s AWS Marketplace.
Now, millions of @awscloud developers & hundreds of thousands of businesses have access to the secure data infrastructure required to build institutional-grade blockchain apps.