Top Posts Tagged with #solv protocol

Solv Protocol Drops LayerZero After Massive Exploit Concerns Shake DeFi Bridges

Solv Protocol abandons LayerZero after growing concerns surrounding bridge security vulnerabilities. Chainlink CCIP gains momentum as DeFi projects prioritize stronger interoperability protection measures. Massive Kelp DAO exploit intensifies industry migration away from vulnerable bridge infrastructures. Bitcoin-focused DeFi platform Solv Protocol has decided to replace LayerZero with…

#layerzero #solv protocol

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Solv Protocol Launches Shariah-Compliant Bitcoin Staking in the Middle East

Solv Protocol, a Bitcoin staking platform boasting over $2 billion in BTC locked on its platform, has announced the launch of SolvBTC.CORE, a Shariah-compliant yield product tailored for the Middle East. This liquid staking token for BTC was developed in collaboration with the Core ecosystem, known for its DeFi applications like lending, restaking, and decentralized exchanges. SolvBTC.CORE,…

#Bitcoin staking #Middle East #Shariah compliant #Solv Protocol

Solv Protocol Brings Bitcoin Staking to Base with New Liquid Staking Options, Expanding Bitcoin’s Role in the Onchain Economy

New York, September 12, 2024 – Solv Protocol, a leading Bitcoin staking platform, has announced Bitcoin staking for cbBTC holders on Base, an Ethereum Layer 2 offering secure, low-cost, and builder-friendly onchain development. With the launch of cbBTC, a wrapped Bitcoin asset by Base, Solv Protocol allows cbBTC tokens to be minted into SolvBTC, which can further be converted into SolvBTC.BBN —a…

#blockchain #Press Release #solv protocol