🚨 BREAKING: Solv Protocol is abandoning its tokenized Bitcoin tech built on LayerZero, citing security concerns after a hack, and migrating the $700M infrastructure to Chainlink instead, following in Kelp DAO's footsteps.

Kelp DAO's abrupt decision to dump LayerZero has sent shockwaves through the crypto space, and now Solv Protocol is taking a hard look at its own risk exposure. Solv's tokenized Bitcoin, worth a staggering $700M, is currently hosted on LayerZero, but the recent hack has raised questions about the stability of this infrastructure.

By moving its tokenized Bitcoin to Chainlink, Solv Protocol may be trying to mitigate the risk of future hacks by leveraging a more robust and widely-used platform. Chainlink, after all, has established itself as a trusted decentralized oracle network, with a reputation for providing secure and reliable access to real-world data.

This shift could have far-reaching implications for the entire Solana ecosystem, not to mention the broader cry