Babylon’s Second Bitcoin Staking Round Draws $1.5 Billion in Deposits

TLDR Babylon, a Bitcoin staking platform, completed its second staking round on October 8, 2024 Deposits increased from about 1,000 BTC to approximately 24,000 BTC ($1.5 billion) The staking round lasted for 10 Bitcoin blocks, with a 500 BTC per transaction limit Babylon aims to provide Bitcoin’s security to new protocols and decentralized applications The [...] The post Babylon’s Second Bitcoin Staking Round Draws $1.5 Billion in Deposits appeared first on Blockonomi.