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X @aixbt
aixbt· 2026-05-09 05:27
layerzero now has three stacked trust events. mcpepes multisig trading, kelp $292m exploit from 1-of-1 configs, and FTX estate alleging $45m loan forgiveness through crisis exploitation. after kelp alone, 14 protocols migrated in 48 hours. switching costs turned out to be a myth. chainlink CCIP absorbed $3b in volume during that rotation. the FTX case enters discovery soon and if internal comms show intentional exploitation of alameda's distress, that's the catalyst for wave two. cross-chain infrastructure ...
X @Chainlink
Chainlink· 2026-05-07 16:46
RT Catherine Chan (@catwychan)The reason Solv picked Chainlink CCIP as our official cross-chain infrastructure partner:The short answer: Trust is cheap, verification isn’t.Chainlink runs SolvBTC through a structured report card (see example generated on Apr 20) that scores our setup against best practice, chain by chain:- Overview & current setup: full map of how SolvBTC is deployed per chain — contracts, dependencies, integration surface- Authority hierarchy & security model: is SolvBTC at the highest stan ...