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Zeus Network is leveraging the secure Chainlink CCIP and proof of reserve to bridge Bitcoin to Solana in a decentralized way. More and more companies are rolling out advancements in cross-chain bridges. On Tuesday, May 20, Zeus Network, a cross-chain communications layer for Bitcoin and Solana, implemented Chainlink CCIP. This widely adopted standard for bridging crypto assets now enables users to transfer Bitcoin to Solana securely. Users can now move Zeus’s Bitcoin-backed token, zBTC, across Ethereum, Base, and Solana. All zBTC tokens are backed 1:1 by Bitcoin, which users can verify in real time using Chainlink’s Proof of Reserve. According to Zeus Network founder and CEO Justin Wang, this integration is key to addressing longstanding security concerns with cross-chain transfers. Cross-chain bridges are often centralized, exposing users to risks such as hacks and rug pulls. “Wrapped BTC tokens are flawed because they aren’t decentralized — many of them still require KYC, have third-party entities involved in the trading, and ultimately take control away from the user. The Chainlink standard enables this to solve these issues and provide an enhanced experience for our users,” Justin Wang, Zeus Network. Wang emphasized that the integration gives Bitcoin users a decentralized way to access DeFi on Solana, while also bringing Bitcoin liquidity to the Solana ecosystem. “zBTC offers users a truly decentralized Bitcoin asset compatible with the Solana ecosystem, now able to be easily transferred across the most widely used chains thanks to our integration of Chainlink CCIP. We are excited to unlock the vast liquidity potential for DeFi on Solana by leveraging Chainlink, powered entirely by Bitcoin,” Justin Wang, Zeus Network. Zeus Network is not the only firm that recently integrated Chainlink CCIP. For instance, in April, Ronin, one of the most popular blockchain bridges, moved its legacy bridge to Chainlink’s standard. Ronin itself suffered a $650 million hack in March 2022.

TRON founder Justin Sun will attend President Donald Trump’s gala dinner on May 22 as the top holder of the $TRUMP meme coin. Sun announced his invitation to the exclusive event through X. This showed his position as the leading investor in the Trump meme coin. Sun expressed his honor in supporting the President and his gratitude for the invitation from GetTrumpMemes, the organization behind the $ TRUMP token. He mentioned plans to discuss cryptocurrency industry developments and the future of digital assets during the dinner in Washington, DC. The announcement comes as the $TRUMP token shows strong price performance. At press time, the coin is trading at $13.31, a 6.15% increase in the past 24 hours, 2.43% over seven days, and 64.50% over the past 30 days. Related: Donald Trump Says The Market Is Going To Go Higher As Institutions Accumulate Ethereum Below $3,000 The Official Trump meme coin account promoted the upcoming dinner as the biggest crypto event of the year. The May 22 gathering will bring together Trump supporters and cryptocurrency enthusiasts in what organizers describe as a different networking opportunity. The event seems designed to bridge traditional political support with the growing cryptocurrency community. Sun’s attendance as the top $ TRUMP holder adds legitimacy to the gathering and suggests serious financial backing behind the token. According to the official website, the top 220 holders on the leaderboard will receive invitations to the gala dinner. Sun’s $TRUMP investment comes during a period of growth for his TRON blockchain network. Recent data from Lookonchain shows stablecoins USDT and USDC on TRON increased by $2.12 billion over the past seven days, while the same stablecoins on Ethereum decreased by $2.44 billion. This shift suggests users are migrating stablecoin holdings from Ethereum to TRON. This is possibly due to lower transaction fees and faster processing times. The $TRUMP token is part of a growing category of politically themed meme coins that combine political support with speculative investment. As one of the few crypto industry leaders with direct access to President Trump, Sun’s participation could shape future discussions about cryptocurrency regulation. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

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