Search results for Babylon
Crypto
Babylon teams up with Ledger to expand bitcoin DeFi use
Babylon is collaborating with hardware wallet maker Ledger to support BTCVaults, a product that lets bitcoin be used as collateral in decentralised finance, The Block reported on March 10. BTCVaults removes the need for custody services or wrapping and uses native bitcoin under on-chain verification conditions. Ledger provides a secure signing layer so users can approve transactions directly on a hardware device.
Crypto
Trump-linked World Liberty Financial expands territory with crypto lending
World Liberty Financial, a decentralised finance project linked to U.S. President Donald Trump’s family, has launched a stablecoin-based lending platform, Cointelegraph reported. The service, called World Liberty Market, centres on the USD1 stablecoin and WLFI governance token and allows loans backed by assets such as Ethereum, Bitcoin and major stablecoins. The launch follows an application to the U.S. Office of the Comptroller of the Currency for a national trust bank charter.
Crypto
Flaw found in Babylon staking code may delay block production
A vulnerability has been discovered in Bitcoin staking protocol Babylon that could allow a malicious validator to disrupt the consensus process by omitting the block hash field, Cointelegraph reported on Jan. 9. The defect occurs in Babylon’s BLS vote extension and could cause conflicts among validators, delaying block production. An anonymous contributor warned it can trigger a panic in a critical code path. No exploitation has been confirmed so far.
