Binance-backed Solv Protocol introduces Bitcoin staking on Base with cbBTC token

Solv Protocol has launched Bitcoin staking for cbBTC holders on the Base network. cbBTC holders on the Solv protocol can mint SolvBTC and convert it to SolvBTC.BBN for Bitcoin staking yield. cbBTC, backed 1:1 by Coinbase’s BTC holdings, is live on Ethereum and Base for DeFi integration. Solv Protocol, supported by Binance Labs, has unveiled […]

Babylon Bitcoin staking drives BTC fees higher as mainnet launches

Babylon’s Bitcoin staking launch on August 22 drove transaction fees to $132-$137. Over 12,700 stakers quickly filled the “locking-only phase” of Babylon’s program. Babylon raised $70M in May 2024, following an $18M Series A in December 2023. On August 22, Babylon, a pioneering Bitcoin staking system, marked a significant milestone with the launch of the […]

Self-custodial Bitcoin staking protocol Babylon announces mainnet

Babylon, the self-custodial Bitcoin staking protocol, will launch its mainnet on August 22, 2024. The launch brings a “third native use-case of Bitcoin” to users, adding staking to its store of value and payment, Fisher Yu, co-founder of Babylon, said. Babylon, a self-custodial Bitcoin staking protocol, has announced the launch of its phase-1 mainnet as […]

ApeCoin (APE/USD) staking launches with a thud! Will bulls overcome relentless bears?

ApeCoin gained 3% on Friday and remains green over the week ApeCoin will start to issue staking rewards on December 12 The cryptocurrency faces resistance approaching the upper limit of descending channel ApeCoin (APE/USD) staking functionality is no longer a dream – it’s a reality. Staking rewards are set to begin on December 12. Apes are […]