Chainlink Introduces Institutional Bridge Checks Post-Kelp Hack

Chainlink has introduced a new feature that allows institutions to add their own bridge checks in response to the $292 million Kelp hack. The Kelp exploit occurred months ago, but Chainlink's update aims to improve security for its users.

The move is seen as a proactive step by Chainlink to regain trust with its institutional clients after the high-profile hack. By allowing institutions to add their own checks, Chainlink hopes to provide an added layer of security and reduce the risk of similar attacks in the future.

While details about the new feature are scarce, it is clear that Chainlink is taking steps to address concerns around bridge security. This update comes as a welcome development for institutions looking to invest in decentralized finance (DeFi) platforms.