BIT Trust Whitepaper V2.0 Details Multi-Layer Security After $320M Liquid Network Breach

The timing is the message: BIT is publishing a trust architecture weeks after a breach that bypassed key-based security entirely, suggesting the industry's custody debate is shifting from key management toward validation and software integrity. The separation of identity, permissions, operations and custody is a governance answer to a technical failure, and it matters most for institutional counterparties assessing trust infrastructure. Whether such layered models become standard across custodians, or remain a differentiator for early movers, is the open question.