Chainlink upgrades bridge tech with custom security checks after rival's $292M hack

Chainlink has released an update to its cross-chain bridge technology, allowing companies to implement custom security checks. The upgrade comes in the wake of a $292 million hack at a rival bridge platform that exposed critical vulnerabilities in the sector. The new software is specifically designed to eliminate single-point-of-failure weaknesses that made the rival bridge susceptible to attack. By enabling customizable security layers, Chainlink aims to give organizations greater control over how they protect cross-chain transactions.