Babylon2026-08-10 14:19:15Babylon says TBV audit is complete ahead of native Bitcoin collateral launch on Aave v4Babylon said its Trustless Bitcoin Vaults, or TBV, protocol has completed a security audit by Runtime Verification as it prepares native Bitcoin for collateralized lending on the Aave v4 mainnet. The audit, according to Runtime Verification, lasted seven weeks and was completed in May 2026. The review combined design analysis, manual code review, and formal verification based on Kontrol, the firm’s symbolic execution engine. Runtime Verification said the work covered the full vault lifecycle, atomic cross-chain mint and redemption flows, and the settlement, borrowing, and liquidation logic tied to the Aave v4 integration. It also said every issue identified during the audit was either resolved during the remediation period or otherwise confirmed. The disclosure came from a post by Babylon on X, where the project framed the completed review as a step toward bringing native Bitcoin-backed lending to Aave v4.2140
ILITY2026-07-18 09:16:41ILITY raises $1 million from Archer Capital and TBV to build out its Agent ecosystemL1 blockchain project ILITY has secured a $1 million investment from Archer Capital and TBV, according to an official announcement cited by ChainCatcher. The funding will be used to speed up development of ILITY’s Agent-focused ecosystem, with the project saying its AI agent economy platform is set to go live soon. ILITY Network is positioned as infrastructure for the AI agent economy, offering autonomous AI agents verifiable on-chain identities, machine-to-machine real-time payment and settlement, and a portable reputation system built on actual on-chain fulfillment records. The network’s native token, $ILY, serves as both the gas token and settlement currency within the ecosystem. The project had also received backing in a previous funding round from Animoca Brands, DuckDAO, UZ Capital, Vega Ventures and other institutions.2160
