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Stesha 🎩

@stesha

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Hello friends! An interesting information. Babylon Labs has launched bitcoin staking in its Babylon protocol. By placing BTC in staking, users will provide the Babylon Genesis network with security, which is supported in the Bitcoin blockchain thanks to the Proof of Stake (PoS) consensus algorithm, and they will also be able to receive rewards for participation. The developers emphasize that staking is non—custodial, which means that holders retain sole control over their coins. After the public launch of the Babylon Genesis network, the staking limit is 1,000 coins. It will be canceled within two weeks, which will allow you to put the remaining coins of users into staking and start accepting new ones. According to the developers, this will make the network one of the most secure in the world, as billions of dollars worth of bitcoins will be placed in it. So, who has bitcoin, you have opportunity to lock it up.
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Binance has announced the launch of a zero-fee promotion for all trading pairs on Binance Wallet, which will last until September 17, 2025. According to representatives of the trading platform in a press release, transactions with cryptocurrencies through the Swap function, cross-chain bridge and quick purchases in Binance Alpha will be free. The promotion applies exclusively to the built-in functions of the Binance Wallet crypto wallet, in addition, users will have to pay for gas online. To participate in the promotion, needs first update the Binance application and then create a crypto wallet with a backup copy. I think this is an interesting promotion, as the exchange's team has promised that all customers who use the promotion will benefit. What do you think about this? Will you take advantage of this promotion?
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Interesting information. Block has integrated the bitcoin inheritance feature into the Bitkey wallet. The Block explained that both sides receive a portion of the encrypted key. One of the fragments allows you to unlock the second one in the event of the user's death. After the inheritance application is submitted, a six-month "security period" is launched, which is designed to protect the wallet owner from unauthorized access. During this time, it will receive notifications about the received request. At the end of the period, the beneficiary gets the opportunity to transfer funds to his account in Bitkey, and only then he will be able to see the balance. I think this is a great feature that will help to get around unnecessary difficulties when transferring coins. What do you think about this?
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