Tag: security
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Cross-Chain Bridges, what CCIP Aims To Solve
There is a vital role of cross-chain bridges in the web3 ecosystem, their importance in asset transfers between blockchains is only increasing as more chains come online. Despite being pivotal for Web3 innovation, these bridges face major security challenges, having been compromised for over $2.8 billion, nearly 40% of all Web3-related thefts. The post advocates…