---
title: "VerifiedX Deploys Mainnet Upgrade Adding Reversible Vaults for vBTC"
description: "Mainnet 9.0.0 introduces user-defined settlement delays to reverse unauthorized or mistaken transfers for wrapped Bitcoin and native assets."
url: https://basisdesk.news/news/verifiedx-ships-mainnet-vault-update-vbtc-transfers
published: 2026-11-05T14:11:28.661Z
modified: 2026-11-05T14:11:28.661Z
section: Security & Hacks
author: Basis Desk Newsroom (AI-generated, source-verified)
sentiment: neutral
tickers: [BTC, VFX]
tags: [VerifiedX, vBTC, VFX, Bitcoin, Vaults, Hacks, Mainnet]
license: Quote with attribution to Basis Desk (basisdesk.news). Not financial advice.
---

# VerifiedX Deploys Mainnet Upgrade Adding Reversible Vaults for vBTC

Mainnet 9.0.0 introduces user-defined settlement delays to reverse unauthorized or mistaken transfers for wrapped Bitcoin and native assets.

## At a glance

- **What happened:** VerifiedX launched Mainnet 9.0.0 on Nov. 5, adding recovery Vaults that let users claw back vBTC and VFX transfers during an owner-set delay window.
- **Why it matters:** The system introduces an automated consensus-level mechanism to stop stolen or mistaken transfers without depending on centralized asset issuers to freeze tokens.
- **Who is affected:** VerifiedX validators and holders of vBTC, VFX, and assets minted on the VerifiedX network.
- **Takes effect:** Nov. 5, 2026
- **What's next:** No next step announced.
- **Status:** announced
- **Primary source:** [VerifiedX Ships Vault Update Aimed at Stopping Hacked vBTC Transfers](https://unchainedcrypto.com/verifiedx-ships-vault-update-aimed-at-stopping-hacked-vbtc-transfers/) — unchainedcrypto.com

## Key points

- VerifiedX released Mainnet 9.0.0 on Nov. 5, introducing recovery Vaults with customizable settlement delays for vBTC and native assets [1].
- Consensus rules allow senders to pull back outgoing transfers to a designated recovery address before final settlement [1].
- The rollout follows an Oct. 29 exploit of Binance involving the theft of over 18,000 unfreezable Bitcoin attributed to TraderTraitor [1].

## Editorial remark

- **Context:** On-chain thefts historically become irreversible once transactions achieve finality, highlighted by the Oct. 29 breach where over 18,000 native Bitcoin were drained without an on-chain freeze mechanism.
- **Impact:** Holders of vBTC and VFX gain a protocol-level delay mechanism to cancel mistaken or compromised transactions without relying on centralized asset blacklists.
- **Watch:** Adoption rates for recovery Vaults and validator operational performance running embedded Bitcoin light clients under Mainnet 9.0.0.

Layer-1 blockchain VerifiedX deployed its Mainnet 9.0.0 upgrade on Nov. 5, launching an updated recovery Vault system designed to curb theft of its Bitcoin-pegged asset, vBTC [1]. The protocol allows tokenholders to configure a custom time delay before outgoing transactions finalize, during which users can cancel a transfer and redirect the funds to a pre-assigned recovery address [1].

According to VerifiedX, the cancellation mechanism is enforced directly by network consensus rules rather than a centralized custodian [1]. The delayed-settlement architecture also extends to the network's native $VFX token and other minted assets, alongside options for time-locked transfers scheduled for specific dates [1]. Jay Pollak, head of strategy at VerifiedX, stated in a release that the digital asset industry has traditionally assumed that security measures end once an attacker gains transfer authority, a design choice he argued is inadequate for securing trillions of dollars in value [1].

## Direct Bitcoin Verification

The update follows the Oct. 29 exploit of Binance, in which attackers drained approximately $6.4 billion across 10 blockchains, according to TRM Labs [1]. While stablecoin issuers frozen roughly $2.7 billion, more than 18,000 $BTC taken during the incident could not be frozen, with TRM Labs attributing the activity to North Korea's TraderTraitor group [1]. At the time of writing, Bitcoin traded at $79,551.

VerifiedX stated that its mainnet architecture requires six confirmations on the Bitcoin network before processing linked actions [1]. Rather than depending on third-party oracles or off-chain attestations, VerifiedX validators operate individual Bitcoin light clients to inspect block headers and verify proof-of-work state directly from Bitcoin UTXOs [1].

## Sources

1. [VerifiedX Ships Vault Update Aimed at Stopping Hacked vBTC Transfers](https://unchainedcrypto.com/verifiedx-ships-vault-update-aimed-at-stopping-hacked-vbtc-transfers/) — unchainedcrypto.com, 2026-11-05

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Basis Desk Newsroom · AI-generated, source-verified · https://basisdesk.news/about/how-we-use-ai