VerifiedX says its Bitcoin sidechain enables programmable, privacy-preserving bitcoin transactions without synthetic wrappers, targeting growing institutional demand for native Bitcoin DeFi.

For protocol founders and security researchers, the incident reinforced a broader shift underway across crypto: DeFi is no longer primarily battling coding bugs. It’s battling complexity.

Abstract: Blockchains increasingly enable decentralized and trustworthy service execution. Smart contracts, i.e., self-executing programs on the blockchain, are essential for automating services. Yet, ...