It hasn’t been long since the incident where Kelp was hacked for $292 million, and Chainlink has already rolled out CCIP 2.0.

This time, the focus is mainly on enabling banks and other institutions to run their own security checks for cross-chain transfers. In plain terms, it returns security permissions to the institutions themselves, helping prevent hacks like what happened before.

This approach is indeed more reliable than simply relying on third-party bridges, since institutions’ risk-control requirements are certainly higher.

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#Chainlink
#Security incident