BitGo’s WBTC move pushes LayerZero-to-Chainlink tally near $15 billion
CoinDesk·
60-second summary
BitGo's recent move of Wrapped Bitcoin (WBTC) is pushing the LayerZero-to-Chainlink tally near $15 billion, following a significant migration wave triggered by a $292 million Kelp bridge exploit. This migration has seen announced LayerZero-to-Chainlink moves now totaling $14.5 billion, highlighting a major shift in the crypto landscape and potentially increasing demand for Chainlink services.
A migration wave followed a $292 million Kelp bridge exploit, with announced LayerZero-to-Chainlink moves now totaling $14.5 billion.