Solv Protocol Migrates to Chainlink After LayerZero Exploit
ID: 3077b8a3-9259-5010-af02-0481b75a5294
STIX ID: report--3077b8a3-9259-5010-af02-0481b75a5294
Feed Name: ThreatCluster
Threat Score
Solv Protocol is moving its cross-chain interoperability from LayerZero to Chainlink's CCIP after a reported $292 million LayerZero exploit at Kelp DAO attributed to the Lazarus Group; the migration impacts over $700 million in tokenized Bitcoin and deprecates LayerZero support across multiple platforms, reflecting heightened concerns about the security of cross-chain bridges and Solv's desire to reduce risk following its own earlier $2.7 million exploit.
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