'DeFi on Bitcoin' Gets a Boost as BOB L2 Integrates $6B BTC Staking Protocol Babylon

'DeFi on Bitcoin' Gets a Boost as BOB L2 Integrates $6B BTC Staking Protocol Babylon

BOB, the "hybrid layer-2" network seeking to make Bitcoin the center of the decentralized finance (DeFi) universe, has taken a step toward that goal by integrating with BTC restaking protocol Babylon.An abbreviation of "Build on Bitcoin," BOB's aim is to establish Bitcoin as the foundational network for DeFi by creating bridges between itself and other blockchains, using Bitcoin as the anchor chain to finalize transactions.Integrating with Babyl…

BOB integrates with Babylon to become a Bitcoin-Secured Network, bringing Bitcoin finality to the Hybrid L2

BOB (“Build on Bitcoin”), a Hybrid Layer-2 (L2) that combines Bitcoin’s security with Ethereum’s DeFi innovation and versatility, has announced its integration with Babylon, the leading BTC staking protocol. This integration establishes BOB as a Bitcoin Secured Network (BSN), with Babylon providing Bitcoin finality for the novel Hybrid L2 design. This is an important step within phase 2 of BOB’s roadmap, which will start rolling out in early 202…

Hybrid L2 BOB Leverages Babylon for Bitcoin Finality – Defi Bitcoin News

Build on Bitcoin (BOB), a hybrid Layer two (L2) blockchain combining Bitcoin and Ethereum’s features, has integrated with Babylon, a bitcoin (BTC) staking protocol, to achieve Bitcoin-Secured Network (BSN) status. Babylon Collaboration Expands BOB’s Bitcoin Defi Ecosystem According to BOB’s announcement shared with Bitcoin.com News, the partnership marks a significant development in BOB’s roadmap, enhancing […]

BOB’s Integration with Babylon: A Major Boost for Bitcoin’s DeFi Future

Bitcoin, the world’s original and most recognized cryptocurrency, has historically been excluded from many of the features offered by decentralized finance (DeFi). However, that’s rapidly changing. Thanks to an exciting new integration, BOB (Build on Bitcoin), a hybrid layer-2 network, is making major strides in positioning Bitcoin as the foundational platform for DeFi. This new development comes as BOB joins forces with Babylon, a leading BTC r…

BOB L2 Taps Babylon To Secure Transactions with Bitcoin As Anchor Chain

BOB (Build on Bitcoin), a hybrid layer two (L2) network, has advanced its mission to position Bitcoin at the center of decentralized finance (DeFi) by integrating with Babylon, a Bitcoin staking protocol. This collaboration enables BOB to secure transactions using Bitcoin as its anchor chain, providing a level of finality and irreversibility unique to the Bitcoin network. Integration Brings Bitcoin Finality to BOB The integration with Babylon eq…