Close Menu
ApeWatcher News
  • Home
  • Advertise
  • Headlines
  • Crypto
    • News
    • Bitcoin
    • Ethereum
    • Altcoin
    • View All
  • DeFi
  • NFT
  • Metaverse
  • Guides
  • Rates
  • Videos
  • Listing Platform
  • BSC
  • ETH
  • Listing Platform
  • BSC
  • ETH
What's Hot

WLFI News: BUILDon Surges 1,340% After World Liberty Financial Buys the Token

May 23, 2025

XRP Ledger Gets Its First MiCA-Regulated Euro Stablecoin

May 23, 2025

A Step-by-Step Guide to Earning Rewards

May 23, 2025
X (Twitter) Telegram
  • Listing Platform
  • Home
  • BSC
  • ETH
Advertise
X (Twitter) Telegram
ApeWatcher News
  • Headlines
  • Crypto
    1. News
    2. Bitcoin
    3. Ethereum
    4. Altcoin
    5. View All

    WLFI News: BUILDon Surges 1,340% After World Liberty Financial Buys the Token

    May 23, 2025

    XRP Ledger Gets Its First MiCA-Regulated Euro Stablecoin

    May 23, 2025

    Michigan lawmakers file 4 crypto bills on retiree funds, CBDCs, mining

    May 23, 2025

    Ripple (XRP) News: First U.S.-Based Futures ETF Opens for Trade

    May 23, 2025

    US tourist drugged by fake Uber driver and robbed of $123K BTC — Report

    May 22, 2025

    Bitcoin Rally ‘Remains Robust’ as One BTC Metric Reaches Historic All-Time Highs, According to Glassnode

    May 22, 2025

    Bitcoin could go much higher due to lack of FOMO and futures market euphoria — Analysts

    May 22, 2025

    BTC price eyes $112K as risk assets ‘ignore bad news’ on unemployment

    May 22, 2025

    Bitcoin Primed To Go Higher Faster Than Expected, Says Analyst Michaël van de Poppe – Here Are His Targets

    May 22, 2025

    Whale buys back ETH holdings after missing $2.6M gain

    May 22, 2025

    Ethereum holders back in profit as ETH price enters ‘crucial area’ for $3K breakout

    May 21, 2025

    Arthur Hayes Gives Portfolio Update, Says ‘Nasty Correction’ Could Be Approaching This Year for Crypto

    May 21, 2025

    XRP price fails to respond to two extremely bullish developments — Here is why

    May 22, 2025

    Solana price fractal targets rally to $260, but one thing must happen first — Analysts

    May 22, 2025

    Crypto Trader Says Bitcoin Has Entered Price Discovery, Updates Outlook on Ethereum, Solana and Dogecoin

    May 22, 2025

    XRP futures OI rises 25% as price chart ‘bull flag’ targets $14

    May 22, 2025

    WLFI News: BUILDon Surges 1,340% After World Liberty Financial Buys the Token

    May 23, 2025

    XRP Ledger Gets Its First MiCA-Regulated Euro Stablecoin

    May 23, 2025

    A Step-by-Step Guide to Earning Rewards

    May 23, 2025

    Michigan lawmakers file 4 crypto bills on retiree funds, CBDCs, mining

    May 23, 2025
  • DeFi
  • NFT
  • Metaverse
  • Guides
  • Videos

    Bitcoin Hits All Time Highs AGAIN… Here’s What’s Next

    May 22, 2025

    Discover Crypto, Bitcoin & Altcoin News

    May 22, 2025

    SUI WAS HACKED FOR $200 MILLION!!

    May 22, 2025

    Bitcoin PUMPING! We Predicted It PERFECTLY!

    May 22, 2025

    BITCOIN to $200K?! (BEST Altcoins to Buy NOW!)

    May 22, 2025
ApeWatcher News
Home » Binance Adds Support for New Bitcoin (BTC) Staking Protocol Babylon (BABY)
Binance Adds Support for New Bitcoin (BTC) Staking Protocol Babylon (BABY)
Altcoin

Binance Adds Support for New Bitcoin (BTC) Staking Protocol Babylon (BABY)

The Daily HodlBy The Daily HodlApril 10, 20250 ViewsNo Comments
Share
Facebook Twitter LinkedIn Pinterest Email

The world’s largest crypto exchange platform by trading volume is adding support for a new Bitcoin (BTC) staking protocol.

In a new announcement, Binance says it will be adding the BTC staking project Babylon (BABY) to its massive suite of digital asset products.

Babylon, which launched Babylon Genesis today, rose in value after gaining support from Binance.

BABY went from a daily low of $0.084 to a peak of $0.099 just a few hours later. It has since retraced and is trading for $0.087 at time of writing, a 4.6% gain during the last 24 hours.

According to the project’s official litepaper, the protocol is designed to fix latency, security and programmability issues associated with BTC, something layer-2 projects have struggled with in the past.

“Bitcoin is the first and still the top blockchain in terms of market capitalization. However, beyond a store of value, its utility has been limited by its small blockspace, high latency, and limited programmability. In particular, previous efforts in scaling Bitcoin and broadening its use cases by building sidechains and other layer-2 projects are hampered by the inability to bridge a large quantity of Bitcoins to these chains.

The bridges are limited either by security or by capacity or by both. Our work brings a new and important use case for the Bitcoin asset: staking to provide security to the PoS (proof-of-stake) world. What we showed is that for at least this use case, bridging of the Bitcoin asset to other chains is not needed, yet full economic security can be provided to the PoS chains.”

Follow us on X, Facebook and Telegram

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Generated Image: Midjourney

Read the full article here

Follow us on Google News to get the latest Updates

 
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

XRP price fails to respond to two extremely bullish developments — Here is why

May 22, 2025

Solana price fractal targets rally to $260, but one thing must happen first — Analysts

May 22, 2025

Crypto Trader Says Bitcoin Has Entered Price Discovery, Updates Outlook on Ethereum, Solana and Dogecoin

May 22, 2025

XRP futures OI rises 25% as price chart ‘bull flag’ targets $14

May 22, 2025

Which 4 memecoins will outperform Bitcoin this crypto bull cycle?

May 22, 2025

‘You don’t own enough crypto, NFTs’

May 22, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Articles

WLFI News: BUILDon Surges 1,340% After World Liberty Financial Buys the Token

May 23, 2025

XRP Ledger Gets Its First MiCA-Regulated Euro Stablecoin

May 23, 2025

A Step-by-Step Guide to Earning Rewards

May 23, 2025
ApeWatcher News
X (Twitter) Telegram
  • Privacy Policy
  • Sources
  • Terms and Conditions
  • Contact
  • Advertise
© 2025 Ape Watcher News

Type above and press Enter to search. Press Esc to cancel.