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Kraken Migrates kBTC to Chainlink CCIP Amid Cross-Chain Security Prioritization


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Kraken announced a migration of kBTC and future wrapped assets to Chainlink CCIP, citing on-chain news around cross-chain security. The move follows recent security breach concerns in DeFi infrastructure. Kraken’s kBTC ecosystem holds $330 million in DeFi, while Chainlink protects $33 billion in TVL. The shift highlights demand for audited systems but raises questions about dependency on centralized infrastructure.

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