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Standard Chartered Bank Partners with OKX to Launch Global Leading Asset Staking Mirror Project

blockbeats|Apr 10, 2025

Babylon Genesis Officially Launched: Built on Bitcoin as the Security Foundation, Connecting the Decentralized World

The world's first Bitcoin-backed L1 blockchain, Babylon Genesis, has officially launched, marking a historic milestone in Bitcoin's usability and establishing the Babylon Bitcoin Staking Protocol as a core component at the Bitcoin infrastructure level.

blockbeats|Apr 10, 2025

Babylon Genesis Officially Launched: Built on Bitcoin as its Security Anchor, Connecting the Decentralized World

1. The world's first Bitcoin-backed L1 public chain, Babylon Genesis, has officially launched, marking a historic milestone in Bitcoin's practicality and establishing the Babylon Bitcoin Staking Protocol as a core part of the Bitcoin infrastructure layer. 2. The Babylon protocol addresses the disconnect between the untapped potential of idle Bitcoin assets in the decentralized ecosystem and the Web3 world's security, liquidity, and active user demands. It allows Bitcoin holders to securely stake their assets, providing security and liquidity support to other decentralized networks while earning rewards. 3. To date, over 57,000 BTC have been staked through the Babylon protocol, with leading crypto asset custodians BitGo and Anchorage Digital announcing support for BTC staking and custody services for Babylon Genesis's native token, BABY. 4. Babylon Genesis will fulfill three core functions: the first Bitcoin-backed network (BSN), a control plane, and a liquidity hub. It has attracted participation from well-known networks such as Osmosis, TAC, BOB, and Corn into the BSN ecosystem. 5. Babylon Genesis is powered by a sound tokenomics model with an annual inflation rate of 8%, half of which is allocated to Bitcoin stakers and the other half to BABY token stakers. Token distribution focuses on long-term development, with a 4-year vesting period for investors, team, and advisor tokens.

blockbeats|Apr 10, 2025

sUSD Depreciates by 16%: Stablecoin Myth Busted or Buying Opportunity?

This issue stems from the mechanism adjustment transitional period triggered by SIP-420 proposal, resulting in a temporary loss of sUSD's peg stabilization ability.

blockbeats|Apr 10, 2025

Mining Rig Prices Increase by 24% as Trump's Tariff Policy Hits US Bitcoin Mining Industry

U.S. Miners Will Become More Expensive, Mining Market Share to Decline.

blockbeats|Apr 10, 2025

April 10th Market Key Insights, How Much Did You Miss?

1. On-chain Funds: $12.9M inflow to OP Mainnet; $25.9M outflow from Ethereum 2. Largest Price Swing: $FARTCOIN, $ZEC 3. Top News: Data: U.S. Stocks' Previous 4 Violent Rebounds Were All "Dead Cat Bounces" in Bear Market Crises

blockbeats|Apr 10, 2025

Babylon Genesis Mainnet Launch: BABY Unlocks BTC Staking Potential for 70+ Chains via Cross-Chain Interoperability Network Axelar

blockbeats|Apr 10, 2025

Binance's Most Profitable Yield Farming Stablecoin? Understanding LDUSDT's "Fee and Interest Double Earning" in One Article

blockbeats|Apr 10, 2025

「Antique Stablecoin」 Depegs Overnight, Evaporating $18 Million: Can Synthetix’s sUSD Still Buy the Dip?

This hard peg was a temporary "side effect" caused by Synthetix during the upgrade to the "420 Pool" mechanism.

blockbeats|Apr 10, 2025

a16z Partner: How Can Stablecoins Transform Cross-Border Payments?

The era of Blockchain networks and Stablecoins has arrived: technology, market demand, and political will are now converging.

blockbeats|Apr 10, 2025

Latest Crypto News

16:45

Next Week Macro Outlook: Fed Set The Tone Week! The Fed Faces the "Ultimate Showdown"

BlockBeats News, November 30th. This week, due to the Thanksgiving holiday in the United States, market trading volume has been consistently low, which is a typical feature of Thanksgiving trading. However, due to a data center outage at the CME Group on Friday, the spot prices of gold and silver ex...

15:45

SAHARA experiences a sudden 50% price drop, causing its market value to be "halved" to $1.06 billion

BlockBeats News, November 29th, according to HTX market data, SAHARA experienced a short-term plummet of 50%, currently trading at $0.03584, with its market cap "halved" to $106 million.

15:15

In the last 24 hours, there has been a total of $159 million in liquidations across the network, with the majority coming from long positions.

BlockBeats News, November 29, according to Coinglass data, the entire network liquidated $159 million in the past 24 hours, with long liquidations totaling $121 million and short liquidations totaling $38.1523 million.In the past 24 hours, a total of 84,258 people were liquidated globally, with the ...