<ul><li>On October 8, 2024, Babylon, a Bitcoin staking platform, completed its second staking round with a significant increase in deposits.</li><li>Total deposits rose from about 1,000 BTC to approximately 24,000 BTC ($1.5 billion).</li><li>The staking round lasted for 10 Bitcoin blocks, with a 500 BTC per transaction limit.</li><li>Babylon aims to provide Bitcoin’s security to new protocols and decentralized applications.</li></ul>

Babylon’s Second Bitcoin Staking Round Draws $1.5 Billion in Deposits

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