Bitcoin Protocol Babylon Pulls in $1.5B of Staking Deposits as Cap Lifted

Bitcoin Protocol Babylon Pulls in $1.5B of Staking Deposits as Cap Lifted

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Source: Coindesk.com

Bitcoin protocol Babylon completed its second staking round on Tuesday, increasing deposits to about 24,000 BTC ($1.5 billion) from about 1,000 BTC previously. The staking round was "duration-based," meaning it lasted for 10 Bitcoin blocks.

Babylon, a Bitcoin staking platform billed as a new way of providing the original blockchain's security

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The post "Bitcoin Protocol Babylon Pulls in $1.5B of Staking Deposits as Cap Lifted" appeared first here Coindesk.com.

Source: Coindesk.com

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