Wize
4.3K posts

Wize
@wuysgize
Just a guy following people Interested in people following other people.

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-…




1/ Today, @crypto_council and @BlockchainAssn, joined by a broad coalition of more than 120 organizations from across the digital asset ecosystem, urged the Senate Banking Committee to move forward with a markup on market structure legislation. Years of bipartisan work have brought Congress to an important moment. The U.S. needs clear, durable rules that protect consumers, provide certainty, and reinforce American leadership in digital asset innovation.












Congress has spent the better part of half a decade trying to pass a framework to onshore the future of finance. It is time for @BankingGOP to hold a markup and send the CLARITY Act to President Trump’s desk. Senate time is precious, and now is the time to act.

Jamie Dimon says JPMorgan must move faster as tokenization reshapes finance. "A whole new set of competitors is emerging based on blockchain," he wrote in his annual letter to shareholders. This comes after JPMorgan launched MONY, its first tokenized money market fund, directly on public Ethereum in December. Tokenized funds on Ethereum have gone from near-zero to ~$22B in market cap. The world's largest bank is live on Ethereum, and its CEO is publicly saying they're still not moving fast enough. Chart source: @tokenterminal










