The post Ronin Bridge migrates to Chainlink cross-chain interoperability protocol appeared on BitcoinEthereumNews.com.

Ronin Bridge has migrated to Chainlink CCIP as its official cross-chain provider. The Chainlink CCIP now secures over $450 million in bridged assets for Ronin. Ronin developers and users will benefit from faster, more secure token transfers. The Ronin Network has successfully completed the migration of its legacy Ronin Bridge to Chainlink’s Cross-Chain Interoperability Protocol (CCIP), marking a significant milestone in the blockchain’s evolution and its commitment to secure, seamless asset transfers across chains. The migration formalizes Chainlink CCIP as Ronin’s canonical cross-chain infrastructure provider, a decision that follows an October 2024 validator community vote in which Ronin stakeholders opted for Chainlink over competing solutions from LayerZero and Axelar. Enhanced security and infrastructure Trung Nguyen, the chief executive officer and co-founder of Sky Mavis which created the Ronin Network to support its popular Axie Infinity game ecosystem, described the migration as a major unlock for Ronin’s scalability and security. By integrating Chainlink CCIP, Ronin now leverages a robust, protocol-agnostic interoperability framework that helps safeguard more than $450 million worth of assets currently bridged to the gaming-focused blockchain, addressing security concerns raised by the 2022 exploit that resulted in over $600 million lost. Developers building games and decentralized applications on Ronin will benefit from streamlined access to a secure, high-throughput bridging solution, while users can now transfer tokens such as AXS, YGG, BANANA, USDC, and Wrapped Bitcoin with greater confidence and reduced friction. However, the deprecated Ronin Bridge tab remains visible on Ethereum to accommodate pending withdrawal requests from users yet to claim stranded tokens on Ethereum after the platform paused the legacy bridge amid suspicious withdrawals nearing 10 million in August 2024. Sky Mavis has encouraged completion of these withdrawals before fully deprecating the old interface. Driving DeFi adoption Beyond security, the CCIP integration paves the way for enhanced decentralised…

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Filed under: News - @ April 25, 2025 6:24 pm