VerifiedX Ships Vault Update Aimed at Stopping Hacked vBTC Transfers VerifiedX has today released upgraded self-custodial recovery vaults as part of its Mainnet 9.0.0 upgrade. Bitcoin holders using vBTC can set a delay before transfers from their vault become final, allowing them to remember incorrect or unauthorized transfers during that window and restore assets to an owner-designated address. These protections are enforced by the VerifiedX network consensus by the VerifiedX network, without the need for a separate custodian. The upgrade also embeds Bitcoin light client verification into VerifiedXs verification software, allowing verifiers to independently verify Bitcoin block headers, proof-of-work and chain progress with 6 confirmation burial depths. - Link.

VerifiedX Ships Vault Update Aimed at Stopping Hacked vBTC Transfers VerifiedX has today released upgraded self-custodial recovery vaults as part of its Mainnet 9.0.0 upgrade. Bitcoin holders using vBTC can set a delay before transfers from their vault become final, allowing them to remember incorrect or unauthorized transfers during that window and restore assets to an owner-designated address. These protections are enforced by the VerifiedX network consensus by the VerifiedX network, without the need for a separate custodian. The upgrade also embeds Bitcoin light client verification into VerifiedXs verification software, allowing verifiers to independently verify Bitcoin block headers, proof-of-work and chain progress with 6 confirmation burial depths. - Link.