Wyoming Moves FRNT Stablecoin Cross-Chain Infrastructure to Chainlink CCIP From LayerZero
JH Kim
Summary
- Wyoming said it has moved the cross-chain infrastructure for its FRNT stablecoin from LayerZero to Chainlink (LINK) CCIP.
- Keith Lawhorn, Wyoming’s CISO, said the decision followed security issues that arose during LayerZero operations.
- Lawhorn said Wyoming shifted FRNT’s cross-chain operating infrastructure to Chainlink CCIP after operational security issues emerged, including a loss of control over core private keys.
Forecast Trend Report by Period
Wyoming has moved the cross-chain infrastructure for its FRNT stablecoin from LayerZero to Chainlink’s Cross-Chain Interoperability Protocol, or CCIP.
Cointelegraph reported on September 14 that Keith Lawhorn, Wyoming’s chief information security officer, said the decision was driven by security issues that arose while using LayerZero.
Lawhorn said those issues included a loss of control over core private keys.
Wyoming subsequently shifted FRNT’s cross-chain operating infrastructure to Chainlink CCIP.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.