Crypto News

Babylon Labs, developer of the largest BTC staking protocol, is building a trust-minimized Bitcoin bridge with the Cosmos network to enhance the world's oldest blockchain's interoperability. In partnership with Bitcoin developers Fiamma, Babylon is using the BitVM2 computing paradigm, which is designed to allow Ethereum-style smart contracts on Bitcoin, which then paves the way for zero-knowledge technology.Zero-knowledge computations allow different parties to verify that information is accurate without actually revealing to each other what the information is. In this sense, it is foundational to bridging digital assets between different blockchains.Developers like Babylon Labs and Fiamma are aiming to unlock the deep wells of value stored in BTC to finance other ecosystems and allow it to be transacted on blockchains that...

Crypto exchange Bybit said it will temporarily suspend its services for its users in India in response to regulation in the country.The Dubai based company intends to prevent its customers in India from being able to open new trades or access products on the platform from Sunday. "The only exception will be withdrawals," the company said in a blog post on Friday. The stoppage may be short-lived. Bybit said it is working to finalize its registration as a Virtual Digital Asset Service Provider under India law, "which we expect to secure in the coming weeks.""We are committed to resuming full service as soon as we have completed our registration process with the FIU," it added.In March 2023, India...

Bitcoin’s price has jumped 4% since yesterday – and investors are wondering if this is the start of a new bull run. The coin’s rebound comes on the heels of research showing that 2024 was a banner year for Bitcoin millionaires. Now, all eyes are on Wall Street Pepe, a new meme coin hoping toSource link

“Good news is bad news,” an analyst told Decrypt.Source link

The U.S. renewable energy industry is in an odd position.Large-scale projects, like SunZia, the southwestern wind turbine project that is expected to provide enough electricity to power three million homes, are funded with relative ease thanks to long-established relationships with financial giants. Meanwhile, small-scale installations such as solar panels on one’s rooftop are becoming cheaper to implement by the day.But the consolidation of the energy sector is making it increasingly difficult for mid-sized projects to get the financing they need. These ventures, which are typically worth less than $100 million, are too pricey for regular people to pay for, yet too modest for financial heavyweights to take an interest in them. That’s where Plural Energy steps in. The two-year-old tokenization...