Babylon’s staking protocol, designed to support multiple chains, is making waves with its ambitious plans to implement restaking on Bitcoin. While restaking on Ethereum has been explored by teams like @eigenlayer and @symbioticfi, Bitcoin’s lack of smart contracts poses significant challenges. However, the substantial market presence of Bitcoin, which comprises over 50% of the industry’s […]
Tag: staking
SSV Network, a decentralized staking infrastructure, is redefining the resilience and robustness of Ethereum validators through its distributed validator technology (DVT). Achieving a significant milestone, over 1,000,000 ETH is now staked on the SSV network, underscoring its growing influence in the blockchain space. Launched on the mainnet approximately a year ago, SSV Network underwent extensive […]
The Stacks ecosystem is experiencing a surge in cumulative unique wallets across all protocols, with StackingDao leading the charge at 35,011 unique wallets. This growth highlights the increasing adoption and activity within the Stacks network. If this is not Bitcoin L2 adoption with Stacks, tell me wtf this is Cumulative unique wallets are surging across […]
Symbiotic, a newly launched Ethereum restaking platform, has quickly gained traction in the crypto community. Supported by Paradigm and the founders of Lido, Symbiotic aims to enhance security through liquidity for services built on its protocol. This new platform facilitates coordination between users and services, providing a robust framework for restaking. Symbiotic just launched – here’s […]
Cryptocurrencies have opened up new avenues for earning passive income, and one of the most popular methods is cryptocurrency staking. Staking involves locking up a certain amount of cryptocurrency to support a blockchain network’s operations, and in return, participants receive rewards in the form of additional cryptocurrency tokens. In this article, we’ll explore how you […]