Chainlink launches CCIP 2.0 to give big crypto apps more control over their security
- On Monday, Chainlink released Cross-Chain Interoperability Protocol 2.0, a major upgrade enabling different blockchains to communicate and swap funds securely.
- The launch follows the year's biggest DeFi hack five months ago, when attackers allegedly linked to the Lazarus Group drained about $292 million from a Kelp DAO bridge running on LayerZero that relied on a single verifier.
- CCIP 2.0 allows companies to add custom security checks alongside Chainlink's network of 16 independent node operators, with options to hire external providers such as Infosys and Nethermind.
- Aave and Maple have already begun adopting features from the upgrade, while the Risk Management Network no longer serves as the primary safeguard for transactions.
- Johann Eid, Chainlink Labs' chief business officer, stated that "historically, legacy bridges have lost billions due to insecure infrastructure," emphasizing users need not be "cross-chain security infrastructure experts.
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18 Articles
PR Newswire
GlobalFinTechSeriesChainlink Launches CCIP 2.0 to Maximize the Utility and Reach of Institutional Digital Assets Across Blockchains
Now live, CCIP 2.0 enables institutions to distribute tokenized assets across chains without rearchitecting their existing tech stack, launching with partners...
Chainlink launched a new version of its cross-chain interoperability protocol, "CCIP 2.0," on September 28th. This new version allows financial institutions and token issuers to... The post Chainlink enables independent verification of financial institutions with "CCIP 2.0"—5 months after the Kelp DAO hack first appeared on NADA NEWS.
Chainlink CCIP 2.0 Cuts Ethereum Confirmation Times To Seconds Strong
Chainlink CCIP 2.0 has integrated Ethereum's Fast Confirmation Rule (FCR), enabling cross-chain transactions to reach confirmation in seconds rather than waiting for Ethereum's full transaction finality. The integration introduces a faster confirmation option for asset issuers, bridges and other cross-chain applications while retaining Ethereum's validator-backed security assumptions.
Chainlink CCIP 2.0 To Unlock Institutional Tokenized Assets At Scale
Today, industry-standard oracle platform Chainlink launched CCIP 2.0, the latest evolution of its Cross-Chain Interoperability Protocol (CCIP), which allows institutions to securely distribute complaint tokenized assets across multiple private and public blockchains without rearchitecting their existing systems. As the only interoperability solution to meet ISO 27001 and SOC 2 Type 2 institutional security standards, CCIP’s […]
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