babylon

Stanford University professor and Babylon co-founder David Tse announced that the team has officially released BABE (BAbylon-BErkeley), a brand new Groth16 zero-knowledge proof verification protocol for Bitcoin. This solution reduces initialization and storage costs by more than a thousand times compared to the current optimal solutions.BABE combines two key cryptographic innovations:Witness Encryption on Linear Pairing, which simplifies the complex multiple pairing operations in Groth16 verification to a single scalar multiplication on the BN254 elliptic curve;Utilizing the recently proposed Argo MAC obfuscation primitive, which further transforms this scalar multiplication into vector homomorphic MAC, enabling efficient computation.David Tse stated that BABE will go live in February 2026 alongside the alpha testnet of the Babylon Trustless Bitcoin Vault, aiming to achieve lower-cost and more scalable zero-knowledge proof verification capabilities within the Bitcoin ecosystem.

According to a report by Cointelegraph, developers stated in a post released on GitHub on Thursday that a newly disclosed software vulnerability in the Bitcoin staking protocol Babylon could allow malicious validators to disrupt part of the network's consensus process, potentially slowing down block generation during critical periods.The vulnerability affects Babylon's block signing scheme, specifically the BLS voting extension scheme, which is used to prove that validators have reached consensus on a particular block. The flaw allows malicious validators to deliberately omit the block hash field when sending the voting extension, which could lead to consensus issues among validators during network epoch boundaries. The block hash field is used to inform validators which blocks they are actually voting to support in the consensus process, and this vulnerability allows for its omission.Through this vulnerability, in theory, malicious validators could cause other validators to crash during critical consensus checks at phase boundaries. If multiple validators are affected, it would result in a slowdown of block generation. There have been no reports of this vulnerability being actively exploited, but developers warn that if left unaddressed, it could be abused.

According to Fortune, the decentralized protocol of the Bitcoin ecosystem, Babylon, announced that it has completed a $15 million financing round, led by a16z Crypto, with specific valuation data not yet disclosed.It is reported that Babylon's competitors include centralized service providers such as Coinbase, Kraken, and Tether, and it is expected to integrate its technology with the lending protocol Aave in the second quarter of this year. The company currently has over 40 employees.

According to CoinDesk, the Bitcoin staking project Babylon has partnered with the decentralized lending protocol Aave, allowing Bitcoin to be used as collateral directly without the need for wrapping or centralized custody.In addition to lending services, Babylon is also preparing to expand its treasury design into the DeFi insurance sector, enabling Bitcoin to serve as insurance coverage for collateral against protocol hacks. If no claims occur, the Bitcoin deposited in the insurance pool will generate returns; when a hacking incident occurs, this Bitcoin will provide liquidity for claims. Babylon is collaborating with Aave to combine Babylon's Trustless Vaults with Aave's "hub-and-spoke" architecture.Babylon will build a dedicated Bitcoin-backed "branch" within Aave's lending "hub," allowing users to deposit Bitcoin on its base chain while borrowing stablecoins and other assets in Aave's market. The testing plan is set to launch in early 2026, with the product expected to be released around April.

Binance will launch the Babylon (BABY) BTC staking exclusive event on December 3, 2025, at 18:00. During the event, staking BTC will enjoy a maximum annualized return of 2.5% in BABY rewards. The event will end on January 3, 2026, at 07:59.

Babylon Labs co-founder Fisher Yu has confirmed attendance at the forum themed "Integration, Growth, and the New Crypto Cycle" to be held on December 2 in Dubai. The forum is co-hosted by RootData, ChainCatcher, and Klickl, and is one of the key peripheral events of the "Binance Dubai Blockchain Week 2025."Babylon Labs is a layer1 blockchain founded by Stanford University Professor David Tse, focusing on Bitcoin security sharing protocols, with a vision to build a decentralized world secured by Bitcoin. As an important industry participant, guests will gather with top builders, investment institutions, trading platforms, and opinion leaders from around the world to engage in in-depth discussions on integration trends, growth strategies, and market opportunities in the new cycle, jointly promoting industry innovation and global collaboration.Event registration: https://luma.com/oxc7fklo

According to official news, the Bitcoin staking protocol Babylon has completed a major upgrade to its mainnet, making two key adjustments to the BABY token economic model and introducing a convenient BTC staking duration extension feature. Among them, the annual inflation rate of BABY has been reduced from 8% to 5.5%, and the annual minting amount has decreased by 250 million tokens, enhancing the sustainability of the token economic model.At the same time, a joint staking mechanism has been introduced, allowing users who stake both BTC and BABY to receive higher rewards, strengthening the alignment of interests with the ecosystem. In addition, the BTC staking duration extension feature allows users to extend the lock-up period without un-staking, ensuring a seamless connection of staking rewards and avoiding interruptions.

Babylon announced that the mainnet upgrade has been successfully completed, two key adjustments to the BABY tokenomics have taken effect, and a convenient BTC staking extension feature has been added:· Annual inflation rate decreased from 5.5% to 5.5%: 250 million fewer BABY tokens will be minted each year, achieving a more sustainable token economy.· Introduction of co-staking: Users who stake both BTC and BABY simultaneously can earn higher rewards than staking individually.· BTC staking extension feature: Allows BTC stakers to extend the time lock of their existing stake without needing to unlock it.

ChainCatcher news, according to the official announcement, Upbit will list Babylon (BABY) and Hyperlane (HYPER).

ChainCatcher news, the Bitcoin staking protocol Babylon announced its roadmap for 2025. In the third quarter of 2025, the Bitcoin multi-staking testnet will be launched, initially integrating ETH Rollups and Cosmos sovereign chains, along with the launch of the Genesis EVM testnet.In the fourth quarter of 2025, the Bitcoin multi-staking mainnet and Genesis EVM mainnet will be launched. The plan is to launch Bitcoin liquidity applications in the first quarter of 2026.

ChainCatcher news, according to CoinDesk, the cryptocurrency exchange Kraken has launched a Bitcoin staking service through a new integration with Babylon, allowing users to stake their Bitcoin directly and lock it in a native chain custodial vault.The staked Bitcoin will then be delegated to the PoS network via Babylon, with rewards paid in the form of BABY tokens. This mechanism operates entirely on-chain, with staking managed by Bitcoin scripts and cryptographic safeguards to prevent malicious activities. Users can cancel their staking at any time, with an unbinding period of approximately 7 days.

ChainCatcher news, according to official information, OKX has officially launched the Babylon BTC on-chain earning product and has simultaneously started an additional reward activity. The activity period is from May 29, 2025, 16:00 (UTC+8) to June 29, 2025, 16:00 (UTC+8). During the event, users can search for BTC through the on-chain earning product, select Babylon, and complete the subscription. In addition to the basic earnings, they can also receive extra rewards. The total reward for the event is 1,132,300 BABY tokens.It is reported that the OKX on-chain earning product features a simplified on-chain operation process, improved user experience, and benefits from real on-chain annualized returns. Additionally, OKX reminds that the platform only provides project display, earnings distribution, and other related services, and does not bear the risk of asset loss due to contract vulnerabilities, hacking incidents, or abnormal behavior of project parties.

ChainCatcher news, according to the official announcement from Bithumb, in order to facilitate the Babylon (BABY) mainnet upgrade maintenance, the token deposit and withdrawal services will be suspended starting from May 13 at 11:55.The upgrade is expected to be completed on the same day at 17:00 (KST), and spot trading will not be affected during this period. The exchange reminds users that the completion time of the upgrade may be adjusted due to network conditions, and withdrawal requests that are not completed before the suspension will be processed with a delay. After the service is resumed, deposits will be credited in order.

ChainCatcher message, the Bitcoin staking protocol Babylon announced on platform X that the governance proposal to modify the Babylon Genesis chain parameters has officially launched. This proposal aims to adjust the unbinding fee for the second phase of staking from 100 sats/vbyte to 30 sats/vbyte. Voting is now open, and the deadline is 7 AM UTC on Monday, April 21.

ChainCatcher news, according to Lookonchain monitoring, approximately 5 hours ago, 14,929 BTC (worth $1.26 billion) were unstaked from Babylon.