COINTURK NEWSCOINTURK NEWSCOINTURK NEWS
  • Crypto Tracker App
  • Bitcoin
  • Altcoin
  • Ethereum
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Search
© 2024 COINTURK NEWS. All Rights Reserved.
Reading: Tenbin Labs shifts $1 billion assets to CCIP from LayerZero
Share
Font ResizerAa
COINTURK NEWSCOINTURK NEWS
Font ResizerAa
Search
  • Crypto Tracker App
  • Bitcoin
  • Altcoin
  • Ethereum
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Follow US
© 2025 >> COINTURK NEWS
Powered by LK SOFTWARE
COINTURK NEWS > Chainlink (LINK) > Tenbin Labs shifts $1 billion assets to CCIP from LayerZero
Chainlink (LINK)

Tenbin Labs shifts $1 billion assets to CCIP from LayerZero

In Brief

  • 🚨 Tenbin Labs moves all bridges from LayerZero to Chainlink's $LINK CCIP.

  • Entire tGLD, tMXN, tBRL supply will now transfer only through CCIP.

  • Critical data: The upgrade follows recent high-profile cross-chain security breaches in crypto.

Ömer Ergin
Ömer Ergin 45 minutes ago
Share
SHARE

Tenbin Labs has overhauled its bridge infrastructure, announcing a full transition from LayerZero to Chainlink’s Cross-Chain Interoperability Protocol (CCIP) following an internal audit. The company cited heightened security concerns after recent industry incidents, noting that LayerZero no longer met its evolving safety standards for real-world asset tokenization. As a result, Tenbin Labs will now use only Chainlink CCIP for all cross-chain operations on its platform.

Contents
Security concerns and audit findingsCCIP’s standout security architectureIntegrated risk controls and operational support

Security concerns and audit findings

The catalyst for this infrastructure shift was a series of cross-chain cyber incidents that have unsettled the blockchain ecosystem in recent weeks. Tenbin Labs’ internal security review concluded that LayerZero’s safeguards for real-world on-chain assets were insufficient to ensure the necessary protection. In response, the team initiated a search for a more robust and operationally efficient bridging solution.

With this migration, tokenized assets on Tenbin Labs, such as tGLD, tMXN, and tBRL, will now be distributed exclusively via the Chainlink CCIP protocol. This move aims to set a more secure and transparent standard for current and future projects handled by the company.

CCIP’s standout security architecture

The primary factor behind selecting Chainlink CCIP was its use of 16 independent, audited node operators that collectively offer robust transaction validation. This multi-node setup provides both redundancy and recurring confirmation across every bridge connection—enhancing the security of cross-chain asset transfers.

Additionally, CCIP boasts a SOC 2 Type 2 security certification, a milestone that aligns the protocol with institutional standards, including those required in finance. For Tenbin Labs, which routinely handles tokenized commodities and currencies, this accreditation adds another layer of trust and reduces the need for in-house security development.

Tenbin Labs emphasized in its assessment that “cross-chain infrastructure must be standard and secure without imposing additional burden on platform teams.”

A post on the company’s social media explained the reasoning and objectives behind the migration to CCIP. The project team described CCIP’s defense-in-depth architecture and proven security credentials as “unmatched” in the field.

Integrated risk controls and operational support

Built-in risk management mechanisms within CCIP also weighed heavily in Tenbin Labs’ decision. Automatic circuit-breaker limits are in place, allowing the system to halt or limit damage immediately in case of a potential attack or exploit scenario.

Chainlink has also assigned Tenbin Labs a dedicated risk and audit team, providing real-time operational support and further alleviating the platform’s security management workload.

Tenbin Labs Co-Founder and CEO Yuki Yuminaga reflected on the transition:

“The recent incidents in our sector made it clear that bridge protocols carry significant responsibility.”

Yuminaga noted that any vulnerability in cross-chain infrastructure, especially when handling real-world asset tokenization, could jeopardize user holdings and compromise overall system integrity.

With the migration to Chainlink CCIP, Tenbin Labs establishes a new benchmark for blockchain data and value transfers between chains. From this point forward, assets like tGLD, tMXN, and tBRL will be issued across multiple blockchains exclusively using the CCIP infrastructure.

You can follow our news on Telegram, Facebook & Coinmarketcap & X
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

You Might Also Like

Chainlink stays under $10 despite $238 million volume

Btc drops below 80400 as market mood sours

BTC and AI rally lifts DOGE, AVAX, SOL, LINK up to 5 percent

Kraken adopts Chainlink CCIP for kBTC, LINK jumps 4.7%

Kraken moves kBTC to Chainlink CCIP after switch decision

Ömer Ergin 19 May, 2026 - 1:15 am 19 May, 2026 - 1:15 am
Share This Article
Facebook Twitter
Share
Previous Article AVAX drops 2.3 percent to $9 as sell pressure grows
Next Article Minnesota approves crypto custody for banks, bans all ATMs
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

8.1k Like
21.1k Follow
1.1k Follow

Latest News

Sui token supply capped at 10 billion as storage fund shifts SUI dynamics
SUI
XRP network activity drops 20 percent as liquidations crash
Ripple (XRP)
Minnesota approves crypto custody for banks, bans all ATMs
Cryptocurrency Law Cryptocurrency News
//

COINTURK was launched in March 2014 by a group of technology enthusiasts who believe that Bitcoin will be as important as the internet in the world of the future thanks to the amazing technology underlying it.

CRYPTOCURRENCY LIVE PRICES

  • Bitcoin (BTC) Live Price
  • Ethereum (ETH) Live Price
  • Ripple (XRP) Live Price
  • Solana (SOL) Live Price
  • Dogecoin (DOGE) Live Price
  • Cardano (ADA) Live Price
  • Chainlink (LINK) Live Price

OUR PARTNERS

  • COINMARKETCAP
  • COINGECKO
  • BITCOINHABER
  • BH NEWS
  • 21MILYON
  • NEWSLINKER

OUR COMPANY

  • About Us
  • Cookie Policy
  • Advertising
  • Contact
COINTURK NEWSCOINTURK NEWS
Follow US
COINTURK NEWS 2026
Powered by LK SOFTWARE
Welcome Back!

Sign in to your account

Lost your password?