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Lombard Finance Dumps LayerZero, Will Use Chainlink to Power $1 Billion in Bitcoin Assets

Decrypt·
Lombard Finance Dumps LayerZero, Will Use Chainlink to Power $1 Billion in Bitcoin Assets
AI Analysis

Lombard Finance is shifting its assets from LayerZero to Chainlink to secure $1 billion in Bitcoin assets after a recent exploit resulted in a $292 million loss. This move highlights the ongoing concerns around security in the DeFi space and the importance of reliable infrastructure.

Key Topics

Lombard FinanceLayerZeroChainlinkBitcoin

Originally reported by Decrypt. Read the full article ↗

Lombard Finance Dumps LayerZero, Will Use Chainlink to Power $1 Billion in Bitcoin Assets | AI Crypto Daily Wire