According to ChainCatcher, Botanix Labs announced the appointment of senior security expert Ron Stoner as the new security director. Stoner served as a senior security engineer and security director at ShapeShift and Casa, and participated in the development of cryptocurrency security standards.

Botanix Labs plans to promote the secure expansion of Bitcoin infrastructure through its Bitcoin-native Spiderchain protocol. Stoner's joining will strengthen the company's internal security standards and development work, and promote the application of Bitcoin as the foundation of the new global financial system.