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Crypto DeFi

VerifiedX Adds Custom Transfer Delays to Vault After 18,000 BTC Hack

VerifiedX has shipped a vault update that lets owners set their own delay before a transfer settles, the layer 1 network said. The change is aimed at stopping transfers of hacked vBTC and comes a week after attackers took over 18,000 BTC from Binance.

Original source

AI take

The interesting shift here is architectural: VerifiedX is pushing a security control down to vault owners rather than imposing a protocol-wide rule, which turns settlement speed into a user-set variable. That matters most for holders of vBTC and for counterparties who now have to think about whether a pending transfer can still be reversed by the sender's own delay window. The open question is whether self-configured delays actually deter laundering of stolen bitcoin, or simply push attackers toward venues and wrappers that don't honor them — and whether other networks follow with similar owner-level controls.

Generated by AI for reference only.

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