jsonparser 2.0
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jsonparser 2.0
@jsonparse13
The sky is NOT the limit, the ground is! 😉 Stak Juels not Satoshis!


Kraken is deprecating its existing cross-chain provider and migrating to @Chainlink CCIP as its exclusive cross-chain infra to secure Kraken Wrapped Bitcoin (kBTC) & all future Kraken Wrapped Assets. Kraken chose Chainlink CCIP because it offers enterprise-grade infrastructure with strict security & risk management requirements, including: • ISO 27001 and SOC 2 Type 2 certifications • Secure by default architecture • 16 independent nodes • Native rate limits, and more. Together, Chainlink and Kraken can help accelerate the global adoption of crypto by unlocking utility and distribution for all Kraken Wrapped Assets across DeFi. For kBTC customers, no action is required. More details on the migration process to follow on official Kraken channels.



🇲🇽 A kitchen fire at a restaurant inside a mall in Los Mochis, Mexico, tore through the building and killed at least 5 people, injuring 46 others. Video shows a panicked crowd as parts of the building collapse… scary.







The core takeaway from this rsETH bridge exploit should be that app devs and asset issuers should not be expected to be cross-chain infra security experts Protocols like LayerZero that do not provide any guaranteed security assurances (no security floor) make it far too easy to implement insecure bridges When the path of least resistance is a 1-of-1 DVN config (or 2-of-2 as is very common), a meaningful share of integrators will end up there Cross-chain infra should provide a strong minimum level of security and decentralization, while allowing optional additional layers of validation, permissioning, risk management, monitoring, and compliance on top Like @CatfishFishy stated, the modular security design for bridges offers advantages, but the spectrum should range from moderately secure to extremely secure, not zero security to extremely secure The fact that the LayerZero Labs DVN experienced an issue and led to a bridge exploit is concerning, but it really just reveals a flawed architectural design If zero security is a valid point on the spectrum with no guardrails (LayerZero protocol itself is empty scaffolding), someone will ship it and users bear the cost Unfortunately these types of exploits deteriorate public trust in DeFi as a whole, as it’s difficult for retail to discern what is or isn’t secure Referring to centralized node operators as “decentralized verifier networks (DVNs)” only gives a false sense of security to both devs and retail, muddying the waters further A messy situation all around, hoping the recovery goes smoothly

Chainlink’s role at the center of international digital asset policy continues to rapidly accelerate: 🗓️ Just this week, Chainlink: • Engaged with leaders at the International Monetary Fund (@IMFNews) and @WorldBankGroup Spring Meetings on the emerging role of tokenized assets in global markets • Joined the @AtlanticCouncil to examine the latest shifts in U.S. crypto policy and their implications for global markets • Took part in engagements at the National Institute of Standards and Technology (@NIST) and on Capitol Hill aimed at advancing the understanding of blockchain technology The latest U.S. and international momentum 🧵⬇️













