Last month, the amount of ether locked in liquid staking platforms surpassed 14 million, but over the past 33 days, it dipped by 230,000 ether to 13.85 million. Rocket Pool Hit Hard: Massive Outflows Highlight Liquid Staking Shakeup Liquid staking, a favored decentralized finance (defi) method, has protocols holding the largest total value in defi […]
Babylon Labs and Lombard Protocol have jointly unveiled a strategic initiative aimed at integrating Bitcoin with Sui, the Layer 1 blockchain and smart contract platform. This collaboration seeks to onboard bitcoin liquidity into the Sui ecosystem, enhancing decentralized finance (defi) with LBTC as a core collateral asset. Starting in December, bitcoin holders will be able […]
The Solv Protocol has announced the integration of Liquid Bitcoin (LST) into Solana’s decentralized finance (Defi) ecosystem through its new product, Solvbtc.JUP. This initiative allows Bitcoin holders to participate in yield generation by depositing BTC or Wrapped BTC to mint Solvbtc, which can then be converted into Solvbtc.JUP, representing staked Bitcoin that accrues yield over […]
Solv Protocol has raised $ 11 million in a strategic funding round, bringing its total funding to $ 25 million at a valuation of $ 200 million. This capital will advance the company’s mission to revolutionize Bitcoin staking through its Staking Abstraction Layer (SAL). The funding round attracted participation from prominent investors, …
staking Bitcoin 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 […]