BingX Labs Invests $5.3 Million
in Babylon
to Strengthen
Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin Security and
PoSIntegration
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BingX Labs , the innovative arm of BingX dedicated to identifying and
nurturing promising blockchain• Информационные технологии » Информационно-коммуникационные технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн
• Высокие технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн ventures, announced its strategic partnership
with Babylon , an innovative project in the Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin DeFi and Layer 2
ecosystem.
With active participation in Babylon for $5.3 million through BingX
Labs $100M Ecosystem Fund, Babylon is set to bridge Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin s
security with Proof-of-Stake networks• Телекоммуникации и связь » Компьютерная сеть, enabling BTC holders to securely stake
and enhancing PoS chain resilience.
Babylon focuses on securely introducing Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin to PoS ecosystems, enabling
Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin holders to earn• Телекоммуникации и связь » Компьютерная сеть reliable yields without compromising security. Its
upstream service uses UTXO native locking to ensure assets remain securely
under users control. On the downstream side, Babylon bolsters PoS chain
security by preventing long-range attacks while simplifying access to staking
for Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin holders and Web3 users alike.
Users can benefit from Babylon s integration in multiple tangible ways.
Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin holders can earn• Телекоммуникации и связь » Компьютерная сеть staking rewards securely without transferring their
assets, thanks to the UTXO-based locking mechanism. This approach ensures full
control over their BTC while enabling passive income opportunities. Users of
PoS chains also benefit from enhanced security, reducing the risks of network
attacks. Web3 enthusiasts gain a simplified and reliable way to participate in
staking and DeFi activities, creating more opportunities for growth and
diversification within the ecosystem.
Our collaboration with Babylon reflects our shared vision to empower
innovation and lower entry barriers in the blockchain• Информационные технологии » Информационно-коммуникационные технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн
• Высокие технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн space, said
Vivien Lin , Head of BingX Labs and Chief Product Officer of BingX. For
our users, this means safe and seamless access to staking opportunities and
improved security, so this partnership is a natural extension of our
commitment to delivering smarter and safer tools for our crypto
investors.
BingX Labs support for Babylon is a decisive step toward unlocking
greater security, accessibility, and innovation in the blockchain• Информационные технологии » Информационно-коммуникационные технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн
• Высокие технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн landscape.
By linking Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin s robust network with Proof-of-Stake systems, both of
them are driving a new era of decentralized finance that empowers users,
fosters trust, and expands opportunities for growth.
About BingX
Founded in 2018, BingX is a leading crypto exchange, serving over 10 million
users worldwide. BingX offers diversified products and services, including
spot, derivatives, copy trading, and asset management – all designed for the
evolving needs of users, from beginners to professionals. BingX is committed
to providing a trustworthy platform that empowers users with innovative tools
and features to elevate their trading proficiency. In 2024, BingX proudly
became the official crypto exchange partner of Chelsea Football Club• Спорт » Виды спорта » Футбол » Футбольные Клубы, marking
an exciting debut in the world of sports.
For more information please visit: website
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