coinqon
701 posts

coinqon
@coinqon
Crypto enthusiast exploring the blockchain world. No financial advice, just vibes.

After an extensive security review, we have decided to deprecate @LayerZero_Core bridges for SolvBTC and xSolvBTC, and migrate to @Chainlink CCIP as our official cross-chain infrastructure solution for $700M+ in tokenized BTC (SolvBTC & xSolvBTC). In light of recent industry events, Solv reviewed its existing bridges and found that CCIP provided the strongest security assurances through its secure-by-default architecture, native risk controls and proactive monitoring. Through CCIP, we are providing our users with the highest assurance that the most secure infrastructure is securing all cross-chain transfers. Furthermore, CCIP because it is widely regarded as the gold standard for decentralized interoperability and officially recognized by the @WhiteHouse as critical infrastructure for the digital asset ecosystem. This migration reinforces Solv’s unwavering commitment to delivering institutional-grade protection for our users. Learn more: insights.solv.finance/solv-protocol-…

Re is migrating from LayerZero to @Chainlink CCIP We chose CCIP for its security: decentralized oracle networks, 16 node operators per lane, and native rate limits. Powering the expansion of reUSD across the multi-chain ecosystem.









BREAKING NEWS: The GENIUS Act is now law.









