Today we’re sharing a major milestone for Babylon.
@a16zcrypto is backing the Babylon Project with $15M to support the development and scaling of Babylon's new protocol Trustless Bitcoin Vaults.
The BTCVaults are designed to provide new, functional utility for the BABY token through the token’s intended role in the usage and operation of the BTCVaults.
Read more in @dntse’s blog:
https://babylonlabs.io/blog/building-the-future-of-native-bitcoin-collateral-with-a16z-cryptos-support…

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Binance’s SAFU fund, created to protect user assets, continues to increase its Bitcoin reserves.
According to the latest information, SAFU Fund has purchased an additional 4,225 $BTC, worth approximat...

Binance’s SAFU Fund, Created to Protect User Assets, Has Purchased Bitcoin Again! Here’s the Amount of the Latest Purchase

Original article | Odaily Odaily(@OdailyChina)
Author｜Azuma (@azuma_eth)
In 2014, CZ, who had only been exposed to the concept of cryptocurrency for a year, made the most daring investment of his life—selling his apartment in Shanghai and "All In" on about 1,500 BTC for a three-figure price. Twelve years later, if CZ had never sold, this investment would have brought in a substantial profit of hundreds of millions of dollars (peak return of about $189 million).
Compared to the later establishment of Bina...

The day CZ missed his best investment, Crypto missed out on AI.

Bitcoin miner Cango completed a sale of 4,451 Bitcoin worth roughly $305 million to reduce debt and fund its transition to AI computing, the company announced Monday.
The company currently holds more ...