Crypto News1 MIN READ
LINKBULLISH
BitGo's Move to Chainlink Shows LayerZero Still Hasn't Outrun Kelp Hack
FG
FOMOGRAM Editorial Desk
Aug 5, 2026
EXECUTIVE SUMMARY
BitGo is transferring $7.3 billion of Wrapped Bitcoin to Chainlink's CCIP for enhanced security. This move follows a significant hack of LayerZero.
BitGo is transferring $7.3 billion of Wrapped Bitcoin to Chainlink's CCIP for enhanced security. This move follows a significant hack of LayerZero.
FOMOGRAM SENTINEL GRAVITY TELEMETRY
BitGo's migration to Chainlink enhances security for Wrapped Bitcoin, potentially increasing LINK's utility and demand.
LINK OVERALL MARKET INDEX: 88 / 100 (BULLISH)
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