News with the tag "Babylon"

In the fast-evolving world of cryptocurrency, new frontiers are constantly being explored. One such exciting development is the integration of Bitcoin into the proof-of-stake ecosystem through networks like Babylon. While this opens up new opportunities for earning yield on your Bitcoin, it also int...

Nexus Mutual, a leading crypto insurance alternative, has developed a slashing protection product for Bitcoin-based Babylon Proof-of-Stake (PoS) mechanism. Notably, Babylon Labs has no direct participation in the cover product but will be responsible for advising on the development. Babylon’s Slashi...

Babylon Foundation, the infra project empowering the Web3 space, has announced its official Baby token launch with many key details. These events come amid the launch of the first Bitcoin Secured Network (BSN), the Babylon Genesis, which will enhance, secure, and provide liquidity to the broader blo...

Babylon Labs, the leading Bitcoin staking protocol, and Fiamma, the pioneer of the BitVM2 technology, have entered a partnership to build a decentralized world powered by Bitcoin. The initiative will extract more utility from Bitcoin by making it programmable without compromising security. Babylon L...

Babylon Labs, developer of the largest BTC staking protocol, is building a trust-minimized Bitcoin bridge with the Cosmos network to enhance the world's oldest blockchain's interoperability. In partnership with Bitcoin developers Fiamma, Babylon is using the BitVM2 computing paradigm, which is desig...

Babylon has officially announced the launch of its Phase-2 testnet, known as bbn-test-5, set to begin block production on January 8, 2025, at 9 AM UTC. This phase introduces an upgraded staking web app and focuses on testing new functionalities within the Babylon Proof-of-Stake chain. The testnet em...

A war for on-chain market dominance may be brewing. The question: What will be the collateral of choice in the decentralized finance (DeFi) economy? As of press time, DeFi protocols across all ecosystems have locked in almost $132 billion in value, according to DeFiLlama data, inching closer every d...

It will be among the first tokens to launch on Hyperliquid, a layer-1 network specializing in trading.

BOB, the "hybrid layer-2" network seeking to make Bitcoin the center of the decentralized finance (DeFi) universe, has taken a step toward that goal by integrating with BTC restaking protocol Babylon. An abbreviation of "Build on Bitcoin," BOB's aim is to establish Bitcoin as the foundational networ...

Babylon co-founder and chief technology officer Fisher Yu said that DeFi on Bitcoin can evolve faster than other ecosystems by learning from the mistakes of the broader DeFi space.