ChainCatcher news, according to Cointelegraph, Bitcoin Core developers have launched a "Critical Bug" disclosure policy aimed at more effectively communicating about Bitcoin security vulnerabilities.In a letter sent on July 3 to members of the Bitcoin Development mailing list, Bitcoin Core developer Antoine Poinsot and five others stated: "The project has historically performed poorly in publicly disclosing security-critical vulnerabilities, whether reported externally or discovered by contributors. There is a dangerous perception that Bitcoin Core has no bugs, which is dangerous and, unfortunately, not accurate."

ChainCatcher News, the Bitcoin security sharing protocol Babylon today showcased its Minimum Viable Product (MVP) for the Bitcoin staking protocol at Cosmoverse in Istanbul, Turkey, aimed at leveraging idle Bitcoin to establish economic security for proof-of-stake chains.According to data from Glassnode, over 66% of Bitcoin circulation (approximately $329 billion) is idle. Earlier this year, the Babylon team released the Bitcoin timestamp protocol, which proof-of-stake (PoS) networks can use to enhance remote security.

ChainCatcher news, according to official sources, the Bitcoin security sharing protocol Babylon has announced the launch of the first Bitcoin staking protocol, which aims to unlock a massive capital of $600 billion in Bitcoin to strengthen PoS chains and decentralized applications (DApps). Through the Babylon Bitcoin staking protocol, Bitcoin holders can stake BTC to enhance the security of PoS chains and DApps while earning rewards.In addition, the Babylon Bitcoin staking protocol requires no bridging, binding, or third-party custody, and can be seamlessly deployed on the existing Bitcoin network. (Source link)

ChainCatcher message, the Bitcoin security sharing protocol Babylon has completed the v0.7.1 testnet upgrade, supporting all smart contract functionalities based on the CosmoWasm and Wasmd frameworks, allowing developers to extract security from Bitcoin to protect their applications and blockchains by deploying Babylon smart contracts.According to RootData data, Babylon completed an $8 million seed round financing on January 1, 2022, and on March 9, 2023, Babylon launched its testnet. The Babylon testnet has integrated with 28 Cosmos SDK chains, including Osmosis, Akash, Sei Network, Injective, Evmos, and Stride. This upgrade expands Babylon's capabilities beyond the Cosmos ecosystem, enabling it to cater to a broader range of applications.