Chainlink has launched version 1.5 of its Cross-Chain Interoperability Protocol (CCIP), introducing advanced security measures aimed at preventing bridge attacks. These attacks have previously resulted in over $2 billion in losses in 2022. The new multi-layer security features are designed to bolster the safety of cross-chain communications, particularly benefiting DeFi and institutional users by enhancing the reliability and security of their transactions.
Chainlink CCIP v1.5 Enhances Security for Cross-Chain Transactions
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
