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Bitcoin Staking Protocol Babylon Attracts About 24,000 BTC in Deposits

Bitcoin Staking Protocol Babylon Attracts About 24,000 BTC in DepositsBitcoin staking protocol Babylon has achieved a major milestone, pulling in 23,891.67071126 BTC in confirmed total value locked (TVL) and attracting 25.31K stakers after lifting the cap on its second staking round. This significant increase in participation underscores strong investor confidence and robust demand within Babylon’s decentralized finance (defi) ecosystem. The platform’s aim to provide […]

SEC Charges Jump Crypto Subsidiary for Role in Terra’s Stablecoin Collapse

Babylon Staking Sparks Bitcoin Fee Surge: Transfers Hit $105 Before Plummeting

Babylon Staking Sparks Bitcoin Fee Surge: Transfers Hit 5 Before PlummetingOn Aug. 22, Bitcoin’s onchain transaction fees took off, soaring to more than 1,250 satoshis per virtual byte (sat/vB), which translated to over $105 per transfer at 8:45 a.m. EDT. However, by 9:40 a.m. EDT on Thursday, fees had dropped to 625 sat/vB or $53.26 per transaction. Bitcoin Miners Rejoice as Fees Hit $105 The […]

SEC Charges Jump Crypto Subsidiary for Role in Terra’s Stablecoin Collapse