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BitGo (One of the major digital asset custody companies) has halted wBTC token transfer operations on the LayerZero platform for cross-chain communication between blockchain networks.
The reason? Out of their commitment to enhance network security amid the rising wave of cyberattacks on blockchain networks using artificial intelligence.
This affects the transfer of wBTC between different blockchains (such as Ethereum, Solana, and others), but regular Bitcoin usage on the main network remains unaffected...
$BTC $GT $SOL #GatePreIPOsLaunchesWithSpaceX #Gate13thAnniversaryLive #AnthropicvsOpenAIHeatsUp #KalshiFacesNevadaRegulatoryClash #US-IranTalksVSTroopBuildup