Nethermind Leaves LayerZero Verifier Role for Chainlink
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Cryptocurrency News | Cryptocurrency Prices | Market CapNethermind leaves LayerZero verifier role for Chainlink
Nethermind has ended its LayerZero verifier role and moved its cross-chain operations to Chainlink after reviewing the two infrastructure providers. Nethermind said Wednesday that it had migrated away from its decentralized verifier network operations and joined Chainlink as a node…
Key Points of the News Cross-Border Change: Nethermind leaves its role of verifier in LayerZero and migrates its operations to Chainlink after a thorough review. Security Context: Nethermind's movement follows months of industry rearrangement after Kelp DAO's rsETH exploit that caused $292 million in losses. Long-term strategy: The company will operate as a Chainlink node provider, expand its engineering support, and continue to develop infrastr…
Nethermind Transitions Cross-Chain Infrastructure from LayerZero to Chainlink
Key Highlights Nethermind transitions cross-chain infrastructure to Chainlink following comprehensive evaluation. The company becomes a Chainlink node operator, providing support for CCIP and Data Feeds. Chainlink secures another prominent partner for cross-chain infrastructure services. Nethermind discontinues its LayerZero verifier operations to concentrate on CCIP. The partnership adds Nethermind’s Ethereum development capabilities to Chainl…
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