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babylon chain surpasses 3.6 billion in bitcoin deposits amid staking expansion

Babylon Chain has surpassed $3.6 billion in Bitcoin deposits, with over 36,100 BTC contributed by nearly 88,000 unique depositors. The recent surge in deposits, including $1.2 billion in just 48 hours, follows support from major exchanges like Binance and Bitrue, enhancing Bitcoin's role in blockchain security. The protocol aims to integrate Bitcoin's security features into other blockchain ecosystems, fostering a more secure environment for decentralized applications.
Decrypt
Bitrue Coin USD Andri Fauzan David Tsebe Rich Rines André Beganski Show more
Finance & Economy, Market Report
14:32 12.12.2024

BitGo launches institutional Bitcoin dual staking with Core DAO for enhanced yields

BitGo is enhancing institutional Bitcoin yield opportunities by integrating dual staking with Core DAO, allowing clients to earn scalable yields while retaining full custody of their assets. This innovative approach enables institutions to secure extra Bitcoin rewards without facing risks associated with slashing or counterparty issues.
Cointelegraph
Ezra Reguerra Rich Rines Mike Belshe Show more
Cryptocurrency News, Press Release
11:06 10.12.2024
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