Babylon has launched its bitcoin staking protocol on mainnet, marking a significant step in integrating Bitcoin’s security into proof-of-stake (PoS) ecosystems. The launch is set to provide bitcoin holders with new staking opportunities, leveraging the network’s decentralized nature. Bitcoin Staking Protocol by Babylon Goes Live Babylon‘s mainnet launch introduces a staking protocol that allows bitcoin […]
Internet Computer Protocol Implements Threshold-Schnorr Signatures, Enhancing Bitcoin Integration
The Internet Computer Protocol (ICP) has integrated threshold-Schnorr signatures and onchain Bitcoin block headers as part of its Deuterium milestone. This development aims to expand the utility of Bitcoin within the decentralized economy, allowing for new applications previously hindered by Bitcoin’s lack of native smart contract support. ICP Introduces Threshold-Schnorr Signatures to Boost Bitcoin Compatibility […]
Vega Protocol Launches Decentralized Prediction Market With Colosseo II Upgrade
Vega Protocol has launched its prediction market feature as part of the Colosseo II upgrade. This new development allows users to bet on future events using the Cosmos network infrastructure, offering both binary and non-binary settlement options. The upgrade also includes live game scoring for real-time updates and enhanced cross-chain capabilities. Vega’s prediction market aims […]
Andrena Raises $18 Million to Develop Solana-Based Depin Broadband Protocol Dawn
Andrena, a U.S.-based internet service provider, has announced the completion of an $ 18 million extended Series A funding round led by Dragonfly Capital, with participation from CMT Digital, Castle Island Ventures, Wintermute Ventures, 6th Man Ventures, and Parafi. The funds will be used to develop Dawn, a Solana-based decentralized broadband distribution network. Andrena …
Bitcoin Rollup Protocol BOS Verifies Zero-Knowledge Proof on Mainnet
BitcoinOS (BOS) has successfully verified a zero-knowledge proof (ZKP) on the Bitcoin mainchain, marking a significant technological advancement. This development introduces scalability and enhanced functionality to Bitcoin without altering its base layer. BOS Verifies ZK Proof on Bitcoin BOS, a protocol for trustless and interoperable Bitcoin rollups, disclosed to Bitcoin.com News that it had accomplished […]