BOB says wBTC.OFT transfers out of network to end after Oct. 31

Bitcoin hybrid layer-2 network BOB said wBTC.OFT will no longer be transferable out of BOB after Oct. 31 and advised users to migrate holdings to Ethereum. BitGo is changing wBTC’s interoperability standard from LayerZero to Chainlink CCIP, and the LayerZero endpoint is scheduled to shut down on Oct. 31 as part of the transition.