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Cryptopolitan 2024-02-27 21:16:08

How Babylon is transforming Bitcoin into a PoS powerhouse with Binance Labs

Binance Labs, the investment arm of the cryptocurrency powerhouse Binance, has recently invested in Babylon, a Bitcoin staking protocol, according to a recent announcement on Feb.27. This initiative is a significant stride in cryptocurrency innovation, allowing Bitcoin holders to stake their assets on Proof-of-Stake (PoS) blockchains. Babylon eliminates the need for third-party custody, bridge solutions,

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