ChainCatcher news, Babylon's business head Clayton confirmed his attendance at the "DeInsight 2024" annual summit to be held on November 11 during Devcon in Bangkok.The "DeInsight 2024" annual summit will take place on November 11 at the Hotel Nikko Bangkok. This summit is co-hosted by ChainCatcher and RootData, and jointly organized by Soso Value. It aims to gather elites in the Web3 field to exchange insights about the industry, and it is expected to attract over 1,000 industry elites.In addition, the conference will unveil the RootData List 2024, which objectively selects influential individuals or organizations in the industry from a data perspective.

ChainCatcher news, based on BitVM2's on-chain ZKP verification infrastructure and the Babylon ecosystem project Fiamma has been invited to join the BitVM Alliance organized by Robin Linus, the founder and core developer of BitVM.The alliance was internally established a month ago, with members including Fiamma, Zerosync, Element Labs, Citrea, and Strata (incubated by Alpen Labs), a total of five teams, all of which are core contributors to the BitVM code. The primary goal of the alliance is to develop the first BitVM bridge by the end of the year.

ChainCatcher news, the OKX Bitcoin DeFi reward event is now live. Users can share a reward of 1600 AVAX tokens (approximately $40,000) by minting BTC.b into SolvBTC. After that, users can stake the minted SolvBTC on Babylon to earn solvBTC.BBN and gain an additional 0.59 SolvBTC (approximately $40,000), while still enjoying AVAX rewards.It is reported that SolvBTC is a universal Bitcoin reserve token designed to unify cross-chain Bitcoin liquidity. It allows Bitcoin holders to use their assets across multiple chains, earn yields, and participate in DeFi protocols while maintaining the liquidity of Bitcoin.

ChainCatcher News: The Bitcoin staking protocol Babylon will host a Hacker House event in Bangkok from November 5 to 9, focusing on native Bitcoin staking, DeFi, and economic security.As a core ecological partner of Babylon, Rooch Network has been dedicated to pioneering new opportunities for native Bitcoin applications and Bitcoin yields. With the launch of the quasi-mainnet approaching, Rooch will further enhance the utility of BTC staked on Babylon. At this event, Rooch Network invites developers to join as a sponsor to explore the infinite possibilities of building innovative solutions on the Rooch & Babylon ecosystem.Selected teams will represent the Rooch ecosystem, and participants will not only receive dual resource support from Babylon and Rooch Network, but their demo will also be directly launched on Rooch's Grow Bitcoin Launchpad, unlocking more exclusive benefits.This Hacker House event will last for five days, divided into an online warm-up phase and an offline immersion phase.

ChainCatcher message, Babylon announced on X that Cap-2 has been completed, with a total of nearly 23,000 BTC staked (22891 BTC), the relevant data is as follows:Delegation: 12960;Stakers: 12570;Total fees: 1.56 BTC.

ChainCatcher news, the Bitcoin staking protocol Babylon announced on X that the points program is now live, and points will be visible on the mainnet starting today.It is reported that the first phase of the Babylon mainnet, Cap-2, will launch in the second week of October. If users participated in the first phase, Cap-1, they need to unbind and withdraw the excess stake. More details about Cap-2 will be released later.

ChainCatcher message, Babylon posted on platform X that of the 1000 BTC staking amount opened during the mainnet Cap-1 phase, approximately 80% comes from liquid staking token (LST) projects, and about 20% comes from native stakers. At the same time, there is a staking overflow of 369 BTC, of which about 50% comes from liquid staking token (LST) projects and about 50% comes from native stakers.

ChainCatcher news, according to CoinDesk, the Bitcoin staking platform Solv Protocol has launched a new Bitcoin staking method for cbBTC holders on Base (cbBTC is the newly launched wrapped Bitcoin by Coinbase, which has been live on Ethereum and Coinbase's Ethereum Layer 2 network Base since last week).According to the Solv team, Solv Protocol allows cbBTC tokens to be minted into SolvBTC, which can further be converted into a new liquid staking token SolvBTC.BBN.

ChainCatcher news, the Web3 asset data platform RootData announced the hot search list for August, with the on-chain IP ecosystem Story Protocol, Bitcoin staking protocol Babylon, Bitcoin scaling solution Frctal, modular Move blockchain framework Movement, and decentralized full-chain data network Chainbase ranking in the top five.Other projects that made the monthly search list include Solv Protocol, Monad, Morpho, Aleo, TON, CARV, io.net, Orderly Network, zkSync, Grass, Sui, Fuel, Berachain, Particle Network, and Polymarket.It is reported that this list is based on RootData's monthly search data of over 300,000 searches, which can objectively reflect the market popularity and user attention of Web3 projects, serving as an important reference for users to discover quality early-stage projects.

ChainCatcher news, according to official sources, the Bitcoin liquidity financial layer project Lorenzo has announced the launch of the pre-staking Babylon event Cap 2, which will accept native BTC and BTCB staking. In addition to Babylon rewards and Lorenzo points, Lorenzo will also allocate 0.1% of the token supply as an incentive for this plan's airdrop.Previously, Lorenzo provided $1.5 million worth of YAT rewards and points for Cap 1, and participants of Cap 1 can continue to join Cap 2 to earn additional points. The project has currently launched the first phase of the mainnet and plans to introduce a YAT trading market, allowing users to trade future staking rewards in advance. For more details, please pay attention to the official follow-up announcements.

ChainCatcher message, Babylon announced on platform X that the staking cap of 1000 BTC for the first phase has been reached.In addition, the Babylon staking platform data shows that the currently confirmed staking TVL is 1000.04549438 BTC, with approximately 12,700 participating users. It is reported that over 700 BTC have been staked through Cobo using Babylon's BTC Staking API.

ChainCatcher news, according to official sources, Babylon has launched the Bitcoin staking mainnet, and users can participate in the first phase of the Babylon Bitcoin staking mainnet.The launch of the Babylon Bitcoin staking mainnet brings a third native use case for Bitcoin assets, in addition to value storage and simple payments: staking to secure the PoS network and earn rewards.

ChainCatcher news, the full-chain yield and liquidity protocol Solv Protocol announced a strategic partnership with institutional-grade crypto asset custody service provider Ceffu and Bitcoin staking protocol Babylon. In this collaboration, Solv and Ceffu jointly built a solution that integrates the Babylon protocol within the Ceffu MPC custody wallet. Users can use BTCB to achieve trusted staking of Babylon through Solv on the BNBChain.

ChainCatcher message, the OKX Web3 Wallet Cryptopedia Issue 23 is now live with a special focus on Babylon, and the Babylon gameplay area has been opened simultaneously. During the Cryptopedia event, users who complete and verify interactive tasks within the Babylon ecosystem, such as B² Network, Chakra, and Bedrock, will have the opportunity to share in the rewards from Babylon and its ecosystem projects.In addition, the OKX Web3 Wallet has also launched the Babylon gameplay area Playhub, which gathers the most comprehensive rewards and gameplay from the Babylon ecosystem, helping users easily master the strategy of maximizing benefits while enhancing their earnings, and also earn exclusive points and token rewards. It is reported that Babylon is a project designed to create a Bitcoin-secured shared protocol, aiming to build a decentralized world secured by Bitcoin.Users can download the OKX App and update to version 6.78.0 or above, open and switch to the Web3 wallet, and click into the discovery page of Cryptopedia to participate in the Babylon special event, or they can enter the Babylon gameplay area Playhub through the Banner section.