On Thursday, Solv Protocol announced it will migrate from LayerZero to Chainlink CCIP as its official cross-chain infrastructure, affecting over $700 million in SolvBTC and xSolvBTC assets across Corn, Berachain, Rootstock, and TAC. According to Solv’s official post, the move follows a review of existing bridges prompted by recent industry security incidents. The protocol cited CCIP’s secure-by-default architecture, native risk controls, and proactive monitoring as key factors, describing it as the “gold standard” for decentralized interoperability.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
TeraWulf's HPC Revenue Hits $21M in Q1, Surpassing Bitcoin Mining for First Time
According to TeraWulf's Q1 2026 earnings report, the company's high-performance computing lease revenue reached $21 million, surpassing its digital asset revenue of just under $13 million. The milestone marks the first quarter in which HPC leasing meaningfully contributed to the company's
GateNews13m ago
Bitcoin ETF Outflows Reverse $1.69B Rally as April Jobs Beat Fails to Lift BTC Above $80K
According to SoSoValue data, spot bitcoin ETFs recorded $277 million in net outflows on Thursday, ending a five-day inflow streak that had accumulated $1.69 billion. Spot ether ETFs posted $104 million in outflows the same day, with none of the 10 funds recording net inflows. Bitcoin traded
GateNews2h ago
Bitcoin Bulls Defend $79,200 as $28.3M in Long Liquidations Resets Risk
Despite a surge in traditional equities and heightened military tensions in the Middle East, bitcoin remained stagnant over the last 24 hours, trading sideways near the $80,000 mark.
Key Takeaways:
Bitcoin ended the week flat at $80,200 as markets largely ignored U.S.-Iran military
Coinpedia2h ago
Swiss Bitcoin Initiative Fails With 50,000 Signatures, Needs 100,000 for Referendum
Switzerland's Bitcoin Initiative campaign has failed to secure enough signatures for a national referendum on adding Bitcoin to the Swiss National Bank's official reserves. Organizers collected approximately 50,000 signatures with only weeks remaining before the deadline, falling short of the 100,00
GateNews3h ago
Trump Bitcoin Reserve Update Nears Senate Push, Says White House Crypto Advisor
White House audits federal crypto holdings after order halting bitcoin sales and creating reserve structures.
Administration reviews custody weaknesses while agencies separate forfeited assets from ongoing legal cases.
Congress considers legislation to formalize the Strategic Bitcoin
CryptoFrontNews6h ago
