[Wu Blockchain News] VerifiedX Ships Vault Update Aimed at Stopping Hacked vBTC Transfers
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The protections are enforced on-chain by VerifiedX network consensus without a separate custodian. The change matters because it gives bitcoin holders a consensus-level safety net against hacked or erroneous vBTC transfers while keeping custody self-managed. Next, watch adoption of the delayed-transfer Vaults among vBTC users and whether the light-client verification expands VerifiedX’s bitcoin-backed activity.
Muhabbit's AI wrote this summary in its own words from Telegram's report. It can get details wrong, so check the source.
Named in this story
VerifiedX, vBTC, Bitcoin (BTC)
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