Kelp DAO

Chainlink has released CCIP 2.0, a major upgrade to its cross-chain messaging and bridging technology that allows companies to add custom verification checks. The rollout comes months after a $292 million exploit at Kelp DAO highlighted the risks of bridge designs that rely on a single verifier.

BitGo is set to replace LayerZero with Chainlink CCIP as the exclusive cross-chain provider for WBTC, adding major weight to a broader infrastructure migration. The announced LayerZero-to-Chainlink shift now covers roughly $14.6 billion following heightened scrutiny after the Kelp DAO bridge exploit.