Kraken joins LayerZero exodus as it switches to Chainlink CCIP

Kraken is switching to Chainlink's Cross-Chain Interoperability Protocol (CCIP) from LayerZero, joining a growing exodus of crypto protocols seeking safer alternatives. LayerZero has faced scrutiny since its April exploit, prompting reevaluation of cross-chain providers. This shift reflects the industry's emphasis on security and reliability, as protocols prioritize trust and stability in their operations.