Bitcoin

DeFi

David

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/el-salvador-to-open-bitcoin-schools-with-revenue-from-bitcoin-investment/" data-wpel-link="internal">El Salvador to Open Bitcoin Schools with Revenue from Bitcoin Investment</a><br></p>
<p style="text-align: justify"><a href="https://coin-turk.com/el-salvador-bitcoin-yatirimindan-elde-ettigi-gelirin-bir-kismi-ile-ulkede-bitcoin-okullari-acacak" data-wpel-link="internal">Bitcoin</a> prices are reaching new heights, and the investment arm of <a href="https://en.coin-turk.com/binance-and-ceo-changpeng-zhao-plan-to-request-dismissal-of-cftc-lawsuit/" data-wpel-link="internal">Binance</a> exchange is persisting with its investments in preparation for the new bull market. Even during the tough days of the bear market, Binance continued its investments, particularly in the <a href="https://coin-turk.com/oylama-devam-ediyor-defi-krali-altcoin-bu-tarihe-odaklandi" data-wpel-link="internal">DeFi</a> sector, and today it announced its new investment. This venture is connected to <a href="https://en.coin-turk.com/compound-becomes-the-latest-defi-protocol-integrated-into-coinbases-base-network/" data-wpel-link="internal">DeFi</a> but also concerns the <a href="https://en.coin-turk.com/bitcoin-pressure-eases-optimism-grows-at-coinbase/" data-wpel-link="internal">Bitcoin</a> ecosystem.</p> 
<h2 style="text-align: justify" id="binance-invests-in-projects">Binance Invests in Projects</h2> 
<p style="text-align: justify">Binance, the largest cryptocurrency exchange by trading volume, today invested in the <strong>Babylon</strong> protocol, which allows for staking of Bitcoins on PoS blockchains and earning returns without the need for any third-party custody, bridge solutions, or wrapping services.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-320259 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/02/Binance-Babylon.png" alt="" width="961" height="520"></p> 
<p style="text-align: justify">Pioneering the concept of Bitcoin staking, Babylon addresses a significant need. Yi He, Co-founder of Binance and Head of Binance Labs, wrote about their recent investments;</p> 
<blockquote> 
 <p style="text-align: justify">“Bitcoin staking is a significant step in integrating Bitcoin with the Proof-of-Stake economy, offering a very important new use case for the industry. The investment of Binance Labs in Babylon represents our commitment to supporting innovative projects that lead the Bitcoin narrative and expand its use cases.”</p> 
</blockquote> 
<p style="text-align: justify">Babylon was initiated in 2022 by Stanford Professor David Tse and Dr. Fisher Yu.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/el-salvador-to-open-bitcoin-schools-with-revenue-from-bitcoin-investment/" data-wpel-link="internal">El Salvador to Open Bitcoin Schools with Revenue from Bitcoin Investment</a></h5>

El Salvador to Open Bitcoin Schools with Revenue from Bitcoin Investment

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