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Benzinga. He explains Babylon's Bitcoin staking protocol, which utilizes assets such as Bitcoin to secure proof of stake chains. Dec 7, 2023 · Babylon, a blockchain protocol built on the Cosmos SDK, aims to leverage the security of Bitcoin to enhance the security of Cosmos zones and other Proof-of-Stake chains. BabylonChain's latest funding round was a Series B for $70M on May 30, 2024. 00%. S. BabylonChain - A New Chapter for Bitcoin — Recap of Bitcoin Renaissance 2024. Babylon Brings Desperately Needed Utility To Bitcoin With PoS Staking Protocol. Start Free Trial . Although Babylon chain supports both staking and restaking, Babylon makes use of bitcoin (BTC) restaking utilities by piggybacking Bitcoin’s security to support independent Cosmos chains. Kiln is the leading enterprise-grade staking platform, enabling institutional customers to stake programmatically their digital assets, and to whitelabel staking functionality into their offering. Babylon is a Bitcoin staking infrastructure project pioneering a Bitcoin staking protocol to enhance the security of Proof of Stake (PoS) networks and decentralized applications (DApps). Unlike traditional proof of stake chains, Babylon Chain introduces a novel approach that allows Bitcoin holders to earn yields securely, without the need for bridging At Babylon, we envision a future where Bitcoin and Proof-of-Stake (PoS) chains thrive together. Welcome to Babylon! Babylon is a community-led asset management protocol that enables users to invest in DeFi together. ” Dec 7, 2023 · What investors are saying. David Tse discusses the importance of increasing the value of Bitcoin to maintain high security and value. One of the key components of Babylon is the Babylon chain, which is the Cosmos zone. They are integrating Babylon's Bitcoin staking as part of a "Dual Staking" security model where transactions are validated by both native tokens and Bitcoin stakers. We are proudly backed by leading investors including Polychain, Hack VC and Framework. This protocol allows trustless staking of bitcoins without the need to bridge them to a PoS chain, providing PoS chains with full slashable security guarantees. David explained the shared security model that underpins their protocol: “We start thinking that these proof of stake chains, they Babylon is a layer 1 blockchain founded by Professor David Tse from Stanford University. Feb 25, 2024 · → Introduction Babylon Chain is capitalizing on Bitcoin (BTC-USD) as one of the most secure infrastructures humanity came up with — the blockchain's proof-of-work (PoW) mechanism — to enable BTC staking . SAN FRANCISCO - In a significant move for the cryptocurrency sector, Babylon Chain has successfully raised $18 million in a Series A funding round. BabylonChain raised $6200000 on 2022-01-21 in Seed Round. BabylonChain aims to Babylon is a blockchain project founded by Claude. Shannon Award recipient, Professor David Tse from Stanford University, and backed by leading investors like Paradigm, Polychain, Hack VC, and Framework. Feb 29, 2024 · Babylon Chain gained $26M from Top-Tier investors like Binance, OKX Ventures, Polygon Ventures and others. National Academy of Engineering, Professor David Tse from Stanford University, and backed by top tier investors such as Polychain Capital, Hack VC, Framework Ventures, and Castle Island Ventures. Find the latest Babylon Holdings Limited (BBLNF) stock quote, history, news and other vital information to help you with your stock Feb 27, 2024 · All information about Babylon token sale: private/seed sale price, tokenomics, tokens vesting. The fresh capital will also be used to expand Babylon's current team of approximately 15 people and grow its ecosystem. A program that welcomes individuals Babylon’s vision is to scale Bitcoin to secure the Proof-of-Stake economy. The company’s vision revolves around enhancing the security and functionality of PoS blockchains by leveraging Bitcoin’s robust security protocols without incurring additional energy costs. Investors included Paradigm, Bullish and Polychain Capital. Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. Babylon Bitcoin Staking Testnet-4 is Live!-> Explore Now. 236 of its competitors are funded while 18 have exited. Business Insider. The innovative solutions, from addressing Bitcoin's idle assets to ensuring decentralization and transparency, showcase Babylon's commitment to empowering users in the exciting realm of Babylon, an innovative blockchain project, is leading the blockchain space into a new era with its unique “three chains in one” model. Decentralisation. Sep 26, 2022. May 30, 2024 · PALO ALTO, Calif. E. Our platform is API-first and enables fully automated validators, rewards, data and commission management. Dec 9, 2023 · David làm Giáo Sư giảng dạy tại trường Đại Học California và Stanford trong gần 30 năm trước khi xây dựng Babylon Chain vào tháng 1/2022. GRHI Gold Rock Holdings, Inc. The round was co-led by Polychain Capital and Hack VC Everyone in Babylon has the power to withdraw at any time, however in some instances withdrawing may require ending a Strategy and/or paying a penalty. Babylon is a new Cosmos project whose vision is to leverage the security of Bitcoin for enhancing the security of Cosmos zones and other PoS chains. Led by Paradigm, a prominent crypto venture capital firm, the funding round also saw contributions from Polychain Capital , HashKey Capital, and other investors. Jul 28, 2023. (Image Credit: Babylon Chain ecosystem: What we can find there! via Babylon Reddit post and Babylon Labs) Aug 2, 2019 · Babylon said that of this latest Series C, $450 million has been secured already, with another $50 million agreed to be exercised at a later date, and the remainder getting closed “shortly May 30, 2024 · Go to Alpha Reports. This collaboration paves that way for developers to create Ethereum-based smart contracts Babylon uses Interblockchain Communication (IBC) technology to exchange data between different Cosmos zones. Search 1-5 of 47 results Edit View Export . This is pivotal for users to swiftly differentiate between the normal chain and potential attack chains, which will have a later Bitcoin timestamp. it unsustainable and unscalable for every PoS chain to directly timestamp on to it, which hinders the adoption of Bitcoin staking. Dec 8, 2023 · Cointelegraph — Babylon Chain closes $18M funding for Bitcoin staking News • Dec 7, 2023 babylonchain. Bringing Bitcoin security to Cosmos and beyond. To solve this problem, the Babylon team has designed a secure Bitcoin timestamping protocol and implemented it as a Cosmos-SDK based Babylon chain. Additional investors in the round include Framework Ventures, Polygon Ventures, Castle Island Ventures, OKX Ventures, Finality Capital, Breyer Capital, Symbolic Capital, and IOSG Ventures. is a pioneering blockchain project platform dedicated to fostering the coexistence of Bitcoin and Proof-of-Stake (PoS) chains within a decentralized ecosystem. Sponsored Sponsored. In this first post, we will give a bird’s eye view of the project and in the subsequent posts, we will delve deeper into its the various use cases. Weare excited to announce the integration of the Babylon Testnet with Evmos, a significant milestone in the development of secure cross-chain applications. io/ Add Investors filter . May 2, 2024 · Introducing Babylon Chain and Bitcoin Staking. Our fast-growing team consists of engineers Apr 26, 2024 · The network already has 94+ independent chains with a gross market capitalization of $75B+, indicating significant growth potential for Babylon. A great way to understand Babylon chain is to compare similar crypto projects to Babylon chain by Categories, Chains, TVL, followers and more. Dec 8, 2023 · Reported by The Block, Bitcoin staking protocol Babylon has raised $18 million in a Series A funding round co-led by Polychain Capital and Hack VC. The project’s mission is to bring Bitcoin’s unparalleled security to all PoS blockchains in the world. Akiba then inquired about Babylon Chain’s unique approach to enabling Bitcoin holders to earn yield by staking their assets securely without bridging or wrapping. Babylon chain represents a new blockchain archetype focused on recalibrating the way the Bitcoin blockchain is utilized through a multi-pronged approach that benefits Cosmos chains, Bitcoin, and Babylon itself. By offering bitcoin (BTC) staking on nearly any Cosmos chain, Babylon eliminates many of the barriers to entry that staking is susceptible Dec 9, 2023 · This week Babylon, a project that aims to build a Bitcoin-secured decentralized world, announced the close of its $18 million funding round. ⭕ How to Join ⬇️ /1 Add Babylon Chain Network Jul 8, 2024 · Competitive landscape of BabylonChain BabylonChain has a total of 1334 competitors and it ranks 94 th among them. By delivering Bitcoin's security to PoS chains, Babylon is creating a stronger and more efficient ecosystem that can enable faster and more secure transactions. . 💫We couldn’t be more excited to announce the successful close of an $18 million funding round co-led by Polychain Capital and Hack VC for the Babylon #Bitcoin May 29, 2024 · Babylon, an innovative blockchain project, is leading the blockchain space into a new era with its unique “three chains in one” model. It leverages Bitcoin's vast reserves to bolster the security of PoS chains through a novel staking protocol. Our mission is to unlock Bitcoin security for the decentralized world. Oct 17, 2023 · However, with SIDE’s integration with Babylon, the unbonding request's Bitcoin timestamp only needs confirmation on the Bitcoin network, lowering the wait time from weeks to approximately one day. Feb 28, 2024 · Babylon PoS chain will be the first PoS chain it secures. Luke Pearson, General Partner at Polychain: "Polychain is pleased to announce our participation in Babylon’s recent funding round. Polychain Capital and Bullish, the venture arm of the cryptocurrency exchange, contributed to the funding round. Organization/Person Name . Kamilla Nazirkhanova. U. This is where Babylon Chain emerges as a pioneering solution. Dec 29, 2023 · Introducing Babylon Chain: Unlocking the Future of Bitcoin Staking. , and. Sep 15, 2023 · A program is designed to reward community members with exclusive rewards for helping Babylon Chain grow. Chrome Extension Kiln. 0200. BabylonChain Inc. Other investors include Framework Ventures, Polygon Ventures, Castle Island Ventures, OKX Ventures and Symbolic Capital. 6 days ago · BabylonChain has raised a total funding of $96M over 4 rounds from 20 investors. Babylon's bitcoin staking protocol creates a two-sided market and acts as the control plane of the market. Our fast-growing team consists of engineers May 3, 2024 · At the heart of Babylon Chain’s innovation lies the concept of Bitcoin staking, a concept that promises to revolutionize the way investors engage with the cryptocurrency market. The funding, led by Paradigm with significant contributions from Bullish Capital, Polychain Capital and other investors, signals strong Dec 7, 2023 · Polychain Capital and Hack VC led a $18 million Series A funding round for Babylon Chain, a protocol working on Bitcoin staking, bridging the decentralized finance (DeFi) ecosystem with the Dec 7, 2023 · Bitcoin-focused project Babylon raised $18 million in an investment round led by Polychain Capital and Hack VC. There are several scenarios: If you want to withdraw and there is enough liquidity in the Garden to withdraw the amount you request, you can withdraw at no penalty. Babylon accomplishes increased Proof of Stake chain security via a newfound paradigm of DeFi called restaking. Babylon seeks to strengthen the security of developing networks by enabling these chains to draw in money through Bitcoin staking. Shannon Award recipient, fellow of U. We compare Babylon chain and update data every 24 hours to give you the latest Alpha and similar projects. Babylon Chain Announces Bitcoin Staking Protocol to Tap into Dormant BTC. Bitcoin holders can securely lock their bitcoins and choose which PoS chain (s) to stake for and earn yields from. Loading 498 Seventh Avenue 12th floor New York, NY 10018 Jun 13, 2024 · Particle Network is a modular Layer 1 blockchain aiming to enable "chain abstraction" by allowing users to interact across multiple chains. As part of the Babylon project, data can be transferred between the Babylon chain, other Cosmos zones, and the Bitcoin blockchain. In the competitive world of Web3, blockchain developers often struggle to create pragmatic business models that can babylond keys show. BabylonChain - Babylon’s Testnet Launch Brings Bitcoin Security to PoS Chains in an Evolving Multi-Chain World Unlocking Bitcoin to Secure the Decentralised Economy. Instead of rewards in BTC, Bitcoin stakers will receive their yield in the currency of the chain they secure. Overall, BabylonChain and its competitors have raised over $6. Apr 3, 2024 · On the other hand, Bitcoin—a PoW chain–has a market capitalization of $1. Apr 2, 2024 · This is where Babylon comes in. This funding round will advance Babylon’s goal of enabling a decentralized Bitcoin-secured economy. Babylon is a marketplace offering bitcoin (BTC) as a staking asset, allowing proof Investors of BabylonChain include Hack VC, Polychain Capital, HashKey Capital, Paradigm, Bullish and 18 more. A crypto startup seeking to use Bitcoin for native staking on other blockchain networks has secured $70 million in fresh funding to fuel its ambitious goals. Yield is paid in altcoins. 2mo Edited. Aug 30, 2022 •. In a simplified context, Babylon acts as a middleware or connectivity layer between the Cosmos ecosystem, its many independent chains, and the Bitcoin blockchain. Babylon, which is aiming to do something never accomplished before, secured the cash from lead investor Paradigm, a prominent crypto venture capital firm. Babylon Chain is truly revolutionizing the blockchain landscape by creating a seamless bridge between Bitcoin's robust security and the potential of PoS chains. The project is developed by a team of consensus protocol researchers from Stanford and experienced layer 1 developers from around the world. Babylon is designed to create a multi-sided marketplace where many different members can benefit from the knowledge of DeFi experts or Strategists. The project’s mission is to bring Bitcoin’s Babylon’s vision is to scale Bitcoin to secure the Proof-of-Stake economy. Dec 7, 2023 · Polychain Capital and Hack VC led the Series A funding round of Babylon Chain, a protocol working on Bitcoin staking for proof-of-stake networks. BabylonChain . ” Built using the Cosmos SDK, Babylon chain provides Bitcoin timestamping services to PoS chains and acts as a control plane to synchronize between the Bitcoin network and the PoS chains. 1175. -3. This Dec 8, 2023 · Babylon aims to close the distance between these two different realities. May 30, 2024 · BabylonChain closed a $70 million financing round on 5/30/2024. The investment is aimed at advancing the company BabylonChain Inc. , May 30, 2024 /PRNewswire-PRWeb/ -- Babylon, the project that aims to build a Bitcoin -secured decentralized world, today announced the successful completion of its $70 million funding round. The project’s mission is to unlock Bitcoin security for the decentralized world. May 30, 2024 · Venture Capital Access Online — Babylon Completes $70M Raise Led by Paradigm to Advance Trustless Bitcoin Staking News • May 30, 2024 Foresight News — Bloomberg: Babylon completes $70 million financing, led by Paradigm Aug 15, 2023 · Babylon @ Cosmoverse 2022 – David Tse Introduced Babylon. Bitcoin (BTC) Staking Concept Proposed by Babylon at Cosmoverse 2023. Investors include IDG Capital, Alumni Ventures and 18 others. TLDR: Babylon Chain will allow Bitcoin holders to stake their BTC without the need for third-party custody, bridging, or wrapping. This innovative protocol enables Bitcoin holders to stake their assets, earning rewards and reinforcing the May 30, 2024 · Babylon has successfully completed a $70M raise led by Paradigm @paradigm to advance trustless Bitcoin staking. Bitcoin, Empowering. Organization Name . The round, led by prominent investors Polychain Capital and Hack VC, marks a significant step towards bridging Bitcoin with the decentralized finance (DeFi) ecosystem. Babylon is blockchain project founded by Claude. Our mission is to build a Bitcoin-driven decentralized world by evolving Bitcoin into a trusted security backbone for PoS chains, delivering yields for bitcoin holders while fostering an integrated, secure, and decentralized economy. Shannon Award recipient, Professor David Tse from Stanford University. Bringing Bitcoin security to Cosmos and beyond | At Babylon, we envision a future where Bitcoin and Proof-of-Stake (PoS) chains thrive together. A program that is co-created by its own participants. 25B in funding across 387 funding rounds involving 2072 investors. → Funding Babylon Chain gained $26M from Top-Tier investors like Polychain Capital, OKX Ventures, Polygon Ventures and others Browse the latest blocks on the Babylon (BBN) blockchain. Babylon is an innovative blockchain project founded by Claude E. Apr 4, 2024 · Unboxing Babylon’s Technical Architecture. Mar 20, 2023 · Babylon has raised $8M in a seed round led by IDG and Breyer Capital (early investors in Coinbase and Circle) and plans to raise additional funds to support developer outreach and other Dec 16, 2023 · Following the launch, Babylon Chain will serve as the control plane between Bitcoin and PoS chains, allowing Bitcoin holders to participate in the security of PoS networks and potentially unlocking new use cases for Bitcoin. 🚀. 0. Multisig key will be generated if multiple addresses or names are specified. Scaling. Menu. | 28,266 followers on LinkedIn. The Concept of Babylon Chain . Unlocking Bitcoin to Secure the Decentralised Economy. View block height, timestamp, and transaction count. Apr 16, 2024 · A Refresher on Restaking. AltLayer: AltLayer, a restaked rollup-as-a-service protocol, recently announced a strategic collaboration with Babylon to offer decentralized verification for BTC-protected rollups. includes any. David Tse. The business addressed the inflationary challenges PoS chains faced by introducing its Bitcoin staking minimum viable product in October. A bird's eye overview of the project. A Bird's Eye View of the Project. BabylonChain - Forkless Rollups with Bitcoin Staking May 30, 2024 · Funding, Valuation & Revenue. Add Organizations filter . 29%. If you are a DeFi expert and you want to share your expertise with your community, group of friends, or family, come to Babylon, set up a Garden, and help them access this opportunity. With its innovative “self-limiting” scheme and “Bitcoin timestamp” protocol, Bylon achieves “de-trusted pledging” of BTC, and uses the pledged credentials in the security layer of the POS chain, bringing substantial returns to investors. This page provides an introduction to the protocol. The important thing to realize is that Babylon only secures the PoS chain with the total value of staked BTC, not the entire security budget of the Bitcoin network. Jun 8, 2023 · Babylon’s origins come from a research paper about Bitcoin security, an original work co-authored by our co-founders, David Tse and Fisher Yu, the founder of EigenLayer, Sreeram Kannan and co Unlocking Bitcoin to Secure the Decentralised Economy. Babylon Testnet Integration Strengthens Archway with Robust Bitcoin Security. This page contains Babylon Finance key metrics such as: current price, market cap, trading volume, price change, and other relevant information like project backers, twitter network and public sale platforms, that can help investors make informed decisions about investing in Babylon Finance. Display the key details by the given key’s name or address. , Ertem Nusret Tas. Click to read BabylonChain, by Ertem Nusret Tas, a Substack publication. May 30, 2024 · Business Wire — Babylon Launches World's First Trustless Bitcoin Staking Testnet Funding Round • Dec 7, 2023 BabylonChain raised $18,000,000 / Series A from Breyer Capital and 11 other investors Unlocking Bitcoin to Secure the Decentralised Economy. The team consists of Stanford researchers and experienced developers, as well as seasoned business advisors. Babylon boasts a world-class team All the necessary data for a reliable project research. Keep an eye on official Crypto Airdrops announcements, social media, and project updates to be aware of Jun 2, 2024 · Babylon, a pioneering Bitcoin startup, has secured $70 million in funding to develop a unique staking solution that integrates Bitcoin with other blockchain networks. Allora is a trustless, self-improving decentralized AI network backed by leading investors such as Polychain, Framework Babylon Funding Insights Discover fundraising information: Funding Rounds, return on investment (ROI), prices of investors, and funds raised by Babylon . The project's mission is to bring Bitcoin's unparalleled security to all PoS blockchains without any extra energy cost. Jun 2, 2024 · David Tse, co-founder of Babylon, said in a statement: “We are thrilled by the confidence shown by Paradigm, Bullish Capital, Polychain Capital and other investors. Another Wallet Supporting Babylon: Tomo The Babylon Bitcoin Staking protocol proposes a method for Bitcoin holders to stake their idle bitcoins to enhance the security of Proof-of-Stake (PoS) chains while earning yield. Babylon builds security protocols to enhance the security of decentralized systems by leveraging Bitcoin's established security. Their latest funding round was of $70M on May 30, 2024 . Review the white paper, team, and financial overview. io — BabylonChain - Polychain Capital and Hack VC Lead $18 Million Funding Round for Bitcoin Staking Protocol Babylon May 30, 2024 · The company plans to use the capital to accelerate its “mission of building a Bitcoin-secured decentralised economy. 35 trillion, and most of its capital remains idle. At its core, Babylon is designed to use Bitcoin as a source of trust and a reliable Babylon Chain 的代币经济目前尚未披露。不过，该项目已经从包括 Polychain Capital 和 Hack VC 在内的顶级投资者那里筹集了 1800 万美元，用于开发其比特币定投协议。这笔可观的资金加上其他重要投资者的支持，表明市场对 Babylon 将比特币创新性地用于去中心化金融 Jun 18, 2024 · Crypto Airdrop: Step By Step Guide To Claim. Babylon’s vision is to scale Bitcoin to secure the Proof-of-Stake economy. 9,573 followers. Babylon has a two-layer governance system. Babylon is a VC-backed blockchain project founded by Claude. PoS chains and dApps can opt-in to bitcoin-backed security and enjoy high security, healthy economics, and broader adoption. Babylon has successfully secured $18 million in funding and is currently in its Unlocking Bitcoin to Secure the Decentralised Economy. Investor 07/12/2023: Babylon kêu gọi thành công $18M được dẫn đầu bởi Hack VC và Polychain Capital bên cạnh đó là sự tham gia của Framework, OKX Feb 7, 2024 · Babylon Chain allows Bitcoin owners to stake their BTC to secure Proof of Stake chains, without having to bridge or trust an intermediary. The company's solutions include timestamping data on the Bitcoin blockchain and enabling Bitcoin holders to stake their coins on Proof-of-Stake blockchains without needing a custodian. 👉 Step 1: Visit the Official Airdrop Page. This funding will accelerate Babylon chain Competitors. Dec 7, 2023 · Babylon Chain, a protocol integrating Bitcoin staking with proof-of-stake (PoS) networks, has successfully closed an $18 million Series A funding round. Babylon's approach offers a promising solution to the challenges of scaling Bitcoin and other blockchain networks. The Feb 28, 2024 · The Bitcoin Staking Protocol by Babylon offers PoS chains a means to obtain staking capital from the world’s largest crypto asset, bypassing the need for their native tokens. Binance Labs’ investment in Babylon represents our commitment to supporting innovative projects leading the Bitcoin narrative and advancing its use cases. Oct 2, 2023. BabylonChain has raised $88M over 4 rounds. The Babylon protocol, built on the Cosmos SDK, will secure its own PoS chain, making it the first PoS chain secured by the protocol. Meet our talented team of developers, researchers, and Apr 25, 2024 · Erik April 25, 2024. Babylon is a blockchain project founded by Claude. The Babylon protocol will allow bitcoin holders to stake their coins on proof-of-stake blockchains and earn a yield. Today. BTC can be extended Why you should listen Babylon Chain was founded in 2021 and has integrated with 28 Cosmos chains on its testnet. It's built on the Ethereum network and it's non-custodial, transparent, permission-less, and governed by the community. Feb 24, 2024 · On the Babylon chain, becoming a validator is tied to the epoch cycle, Allora is a trustless, self-improving decentralized AI network backed by leading investors such as Polychain, Framework Feb 27, 2024 · Notable investors in Babylon include Framework Ventures, Polygon Ventures, Castle Island Ventures, OKX Ventures, and Symbolic Capital. https://babylonchain. Bridging the Gap between Bitcoin Security and Ethereum’s Smart Contract Ecosystem. Common PoS features, such as stake delegation, on-demand unstaking, and partial slashing, are all supported. an ca xr ig ew fr uk qs hp ae