Chainlink releases CCIP 2.0, updating its crypto bridge tech to allow custom security checks months after a $292 million hack at a rival exposed single-point-of-failure risks
The Cross-Chain Interoperability Protocol (CCIP) 2.0 delivers a major upgrade to Chainlink's communication and bridging infrastructure, enabling different blockchains to interact and swap funds. The new software allows companies to add their own security checks to transfers, addressing vulnerabilities like those exploited in the $292 million Kelp DAO hack on LayerZero five months prior, which was attributed to reliance on a single verifier. Chainlink's own network of 16 independent node operators will continue to check every transfer, regardless of additional user-added verifiers. The upgrade also changes the role of Chainlink's previously promoted Risk Management Network.
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
24H Trending
-
1
WTI crude oil rose 3.23% from its previous close, currently trading at $89.034
-
2
Gold fell 2.66% from its previous close, currently trading at $3,881.04.
-
3
The yield on the 30-year US Treasury bond rose by about 8 basis points from the previous close, currently standing at 5.44%.
-
4
The 10-year US Treasury yield rose by about 8 basis points from the previous close, currently standing at 5.08%.
-
5
Citadel Securities has poached Matthew Zimmerman from Diameter Capital Partners to head investment-grade corporate bond trading.
-
6
Google DeepMind has launched Gemini 4 Hydrogen, with pricing set at $1.50 and $7.50 per million tokens for input and output, respectively.
-
7
What is RCN coin? Where to trade and buy RCN coin?
-
8
Microsoft services suffer widespread outage impacting thousands of users in North America; Amazon Web Services and Google users also report disruptions
-
9
What is HNW coin? Where can HNW coin be traded and bought?
-
10
September Ethereum Price Outlook: Can Polymarket's $2,600 Target Be Achieved?
Markets Today
Recommended Reading



