Following a comprehensive security review of the cross-chain infrastructure underpinning LBTC and BTC.b:
- CCIP will replace LayerZero as the cross-chain infrastructure across Solana, Etherlink, Berachain, Corn, and TAC
- LayerZero on Morph and Swell will be fully deprecated
NEW: Tempo, the payments-first L1 incubated by @stripe & @paradigm, has adopted Chainlink CCIP to bring @coinbase Wrapped BTC ($5B+ circulating) to its network.
For the first time, the world's largest crypto asset is available on @tempo, backed by institutional-grade security.
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.
LIVE: @MyriadMarkets has adopted Chainlink as its exclusive oracle infrastructure to power its new crypto prediction markets.
Markets for BTC, ETH, BNB, and SOL are now live, with near real-time settlement powered by Chainlink Data Streams.
Stock and commodity markets next.
After the recent LayerZero exploit, we are taking steps to ensure rsETH is fully secure, which is why we are migrating to @chainlink CCIP.
From the April 18 incident, it is clear that LayerZero's own infrastructure was exploited, resulting in $300M in losses across DeFi. Independent reports from SEAL 911, Chainalysis, and other major leading security researchers all point to the same origin.
There are questions that the ecosystem deserves answers to. And we are ensuring rsETH is secured by infrastructure that doesn't leave these questions open.
That’s why we’re setting the record straight.
NEW: High-speed HYPE markets now live on @Polymarket, secured by Chainlink.
Chainlink-powered Polymarkets → $6B+ in volume and accelerating.
Hyperliquid.
Since adopting Chainlink to power 5 & 15 min crypto markets, @Polymarket has seen:
• $153M+ avg daily volume, up 3x
• $4B+ volume across 5 & 15 min markets
• $200M+ in week one of 5-min markets
The Chainlink effect is real.
Only Chainlink secured markets have immediate market resolution on Polymarket
This is a major UX unlock and will soon become the only way to run prediction markets
Some awesome fun facts about the POR site:
To get the reserve data safely onchain, we created a @chainlink CRE job that pings @BitGo's API for the reserve backing, validates the data, checks its authenticity and writes it onchain.
The site aggregates the total supply of USD1 across all native networks to compute a collateralization ratio of the reserve backing vs total out standing USD1
The code for the site is public and made transparently available on GitHub: https://t.co/yBgB23k8KB
Anyone can run the dashboard and inspect the code. The site doesn't use any paid APIs or services to operate!
https://t.co/8WQsHxVg3j
The Texas Blockchain Council (TBC) and Chainlink Labs have strategically partnered to advance digital asset standards across Texas.
Chainlink Labs and @TXblockchain_ members are engaging policymakers and industry leaders on secure digital asset infrastructure for the state.
Love to see these two major ecosystem players come together to make onchain finance easier for mass adoption
And all powered by @chainlink under the hood
Congrats to the @Dolomite_io and @worldlibertyfi teams. Honored to have you as partners!
Dolomite 🤝 @worldlibertyfi 🤝 Chainlink
Chainlink Build member @dolomite_io is now running new, next-gen World Liberty Markets secured by Chainlink Price Feeds.
JUST ANNOUNCED: @BackedFi, the tokenization platform behind @xStocksFi, has partnered with Chainlink to power the newly launched xBridge.
https://t.co/dS58UoX2NU
Via CCIP, xBridge now enables transfers of xStocks' 50+ tokenized stocks across Ethereum & Solana.