Bitcoin News
By Maheen Hernandez
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Bitcoin, long viewed as digital gold, is now stepping deeper into the decentralized finance (DeFi) world.
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Babylon Labs, known for its innovative approach to Bitcoin-based security, has officially introduced Babylon Genesis, a new layer-1 blockchain powered by its native baby token.
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The partnership with Axelar plays a critical role in this ecosystem. Axelar’s interoperability protocol connects over 70 blockchains, enabling seamless communication and token…
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According to Clayton Menzel, Head of Business Development at Babylon Labs, “With Axelar’s integration, the Babylon Genesis ecosystem is now accessible across more than 70…
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One of Babylon’s standout features is its self-custodial staking model. Unlike traditional staking solutions that rely on bridges or centralized custodians, Babylon allows users…
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Babylon Genesis also acts as a control hub, providing liquidity and governance for other projects that aim to become Bitcoin-Secured Networks.
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Axelar co-founder Georgios Vlachos highlighted the significance of Bitcoin’s evolving role in the broader digital asset space.
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In essence, the Babylon-Axelar integration represents a new frontier for Bitcoin. With self-custodial staking now available to users across dozens of chains, BTC can finally…
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