PROOF (PROOF) news

Bitcoin dip buyers nibble at BTC range lows but are risk off until $90K becomes support

Bitcoin’s (BTC) realized market cap reached a new all-time high of $872 billion, but data from Glassnode reflects investors’ lack of enthusiasm at BTC’s current price levels. In a recent X post, the analytics platform pointed out that despite the realized cap milestone, the monthly growth rate of the metric has dropped to 0.9% month over month, which implied a risk-off sentiment in the market. Realized cap measures the total value of all Bitcoin at the price they last moved, reflecting the actual capital invested, providing insight into Bitcoin’s economic activity. A slowing growth rate highlights a positive but reduced capital inflow, suggesting fewer new investors or less activity from current holders. Additionally, Glassnode’s realized profit and loss chart recently exhibited a sharp decline of 40%, which signals high profit-taking or loss realization. The data platform explained, “This suggests saturation in investor activity and often precedes a consolidation phase as the market searches for a new equilibrium.” While new investors remained sidelined, existing investors are probably adopting a cautious approach due to the short-term holder’s realized price. Data from CryptoQuant suggested that the current short-term realized price is $91,600. With BTC currently consolidating under the threshold, it implies short-term holders are underwater, which can increase selling pressure if they sell to cut their losses. Similarly, Bitcoin's short-term holder market value to realized value remained below 1, a level historically associated with buying opportunities and further proof that short-term holders are at a loss. Source: CoinTelegraph Futures Market Updates Traders were not as active, still. Bitcoin Futures Updates Total BTC Open Interest: $54.88B (+2.89%) BTC Volume (24H): $67.75B (-28.51%) BTC Liquidations (24H): $10.19M (Long)/$16.57M (Short) Long/Short Ratio: 50.66%/49.34% Funding Rate: 0.0037% Ether Futures Updates Total ETH Open Interest: $17.80B (-0.64%) ETH Volume (24H): $31.62B (-25.86%) ETH Liquidations (24H): $12.03M (Long)/$6.93M (Short) Long/Short Ratio: 49.72%/50.28% Funding Rate: 0.0024% Top 3 OI Surges T: $57.02M (+1,109.96%) WIZZ: $997.33K (+632.80%) MASA: $2.33M (+258.91%)

What Is Gomble (GM)? The Web3 Game Where Playing With Friends Pays Off

What if teaming up with friends in a mobile game could earn you real rewards—not just in-game points, but tokens with value across a growing blockchain ecosystem? That’s the premise behind Gomble, a rising Web3 gaming platform developed by South Korea’s 111%, a studio with a long track record in mobile gaming. Gomble isn’t just another play-to-earn project; it’s built around a simple but powerful shift: rewarding social interaction and collaborative play in ways that traditional games rarely do. As blockchain technology pushes into gaming, most platforms still focus on individual performance and high-stakes speculation. Gomble offers something different. It brings familiar, casual gaming experiences into the decentralized world—while adding mechanics that track teamwork, squad missions, and collective strategy. In this article, we will introduce Gomble, explaining how it works, its airdrop and whether it could be a solid investment for the future. What Is Gomble (GM)? Gomble, or GM, is a Web3 gaming platform built by 111%, a mobile gaming studio with over 110 million users across its casual game titles. The project aims to merge accessible mobile gameplay with blockchain functionality, focusing on rewarding players not just for playing—but for playing together. Unlike most Web3 games that center around solo achievements or asset speculation, Gomble introduces features that recognize and reward social collaboration. At the heart of Gomble’s concept is Proof of SQUAD (PoSQ), an on-chain system that records team-based activity. This includes missions completed with other players, collaborative efforts, and long-term squad performance. These actions are verifiable on the blockchain and influence rewards, giving players a way to build a social identity and contribution history that carries across the platform’s ecosystem. Gomble’s structure appeals to both casual gamers and crypto users. It supports mobile-first games that are easy to access and familiar to play, while integrating blockchain elements like token rewards, NFTs, and on-chain data tracking in the background. By focusing on social gameplay and meaningful user interactions, Gomble creates an environment where community participation directly impacts in-game and ecosystem-wide value. As of April 2025, the platform has grown to over 3.5 million users, with 2.8 million active monthly players. How Gomble Works Gomble brings together social gameplay, blockchain features, and tools for developers in a single ecosystem: 1. Proof of SQUAD (PoSQ) Gomble uses a system called Proof of SQUAD to records group activity and interactions on-chain. When players complete missions as part of a team, their actions are validated and stored as proof of contribution. These records help determine rewards and give users a social identity based on how they work with others—not just how many points they score. Unlike traditional games that focus on solo achievements, PoSQ puts value on teamwork, leadership, and consistent participation. 2. Cross-Game Social Identity On Gomble, a player’s squad-based history builds a profile that is visible across the entire ecosystem. This includes mission completions, team roles, and the types of squads they’ve been part of. This social identity helps players stand out in future games and events. For example, a player who often takes on a strategist role or contributes regularly might receive early access to new features or invitations to exclusive missions. It also opens new ways for game studios to tailor experiences to each user. 3. Gomble SQUAD The Gomble SQUAD feature serves as the community layer of the platform. It lets users form or join teams, take on squad-based quests, and unlock group-based rewards. Squad members can build long-term partnerships, invite others into the ecosystem, and take part in seasonal challenges. This structure encourages users to stay active and return regularly—not just for gameplay, but to maintain relationships and climb team leaderboards. 4. Gomble Builders Platform For developers, Gomble offers a platform called Gomble Builders, which simplifies game development and onboarding. It includes a library of tools such as software development kits (SDKs), analytics dashboards, AI-based assistance, and access to user data gathered through PoSQ. Developers can also use existing game IPs through Gomble’s licensing services. Studios from the Web2 world can bring their games into Gomble with minimal friction and reach a ready-made community of Web3 users. 5. Mobile-First with Seamless Blockchain Integration Gomble games are designed primarily for mobile users, making them more accessible to everyday gamers. Players don’t need to manage crypto wallets or understand how blockchain works to get started. Blockchain features like token usage, digital asset ownership, and social data tracking are handled in the background. This lowers the entry barrier for new users while still providing all the benefits of Web3 for those who want to explore them. What Is Gomble (GM) Tokenomics? The GM token is the native utility and governance asset within the Gomble ecosystem. It powers key features for both players and developers, and it connects activity across games, rewards systems, and community participation. For players, GM is used for in-game purchases, unlocking exclusive content, and earning rewards through activities such as team missions and squad-based staking. Players who contribute consistently through social gameplay can accumulate GM over time. The token also grants access to platform events and perks reserved for active community members. For developers, GM acts as a gateway to essential services. It’s required for accessing Gomble’s data infrastructure, onboarding new games, paying service fees, and running marketing activations. Developers may also use GM for marketplace purchases, or to participate in grant programs and incentive models built into the platform. The GM token has a total supply of 1 billion tokens. To promote sustainability and long-term value, Gomble has introduced a buyback and burn mechanism. A portion of revenue generated by games and platform services is used to purchase GM from the market and remove it from circulation permanently. This model is intended to reduce inflation, support price stability, and reward long-term holders who stay active in the ecosystem. Gomble (GM) Token Allocation Gomble Airdrop: What You Should Know Gomble launched its airdrop campaign as part of the lead-up to the GM token’s Token Generation Event (TGE) on April 16, 2025. The campaign is designed to distribute GM tokens to early users, active community members, and participants across several Web3 projects. It serves two key purposes: rewarding engagement and encouraging new users to join the ecosystem before the token becomes tradable on exchanges. Who Is Eligible for the Gomble Airdrop? Eligible participants include MM token holders, Discord members with a GOLD role or higher, SpaceKids stakers, G-Capsule holders, and holders of the $winG token. Additionally, wallets from selected Web3 gaming communities—such as Seraph, SuperChamps, and Gods Unchained—may also qualify based on past activity. How to Claim the Gomble Airdrop To check eligibility and claim GM tokens: 1. Go to the official airdrop portal: token.gomble.io 2. Connect your Web3 wallet 3. The site will automatically check your eligibility 4. If eligible, follow the on-screen steps to claim your tokens 5. Confirm the transaction and view your GM tokens in your connected wallet Always use official links shared through Gomble’s verified channels. Avoid interacting with unofficial or suspicious sites to prevent scams. 15,454,000 GM Up for Grabs – Lock BGB and Claim Your Share! Bitget Launchpool is excited to support the listing of GOMBLE (GM) by offering users the opportunity to earn a share of 15,454,000 GM tokens . From April 16 to April 21, 2025, eligible users can lock BGB, our native token, and receive hourly airdrop rewards based on their share of the total locked amount. The entry is simple—users can lock as little as 5 BGB, while VIP0 participants can lock up to 5,000 BGB and VIP1–VIP7 users up to 30,000 BGB. All rewards are distributed automatically, with hourly snapshots taken to ensure fairness and transparency. There’s no need to wait until the end—users can unlock their BGB at any time during the event, and all assets will be returned automatically when the campaign ends. Please note that identity verification is required to participate, and institutional, sub-, and market maker accounts are not eligible. Conclusion Gomble offers a new angle on Web3 gaming by turning social interaction into something players can own and benefit from. Instead of focusing solely on high scores or individual stats, it rewards the connections and teamwork that make gaming fun in the first place. With a growing ecosystem, a dedicated community, and a token designed to fuel both play and participation, Gomble is shaping a space where how you play with others truly matters. Trade Gomble (GM) on Bitget now! Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading guidance. Qualified professionals should be consulted prior to making financial decisions.

Gomble (GM): Bridging Casual Gaming and Blockchain

What is Gomble (GM)? Gomble (GM) is a Web3 gaming platform designed to make blockchain gaming accessible and enjoyable for everyone. Unlike traditional blockchain games that often focus on complex mechanics and earning potential, Gomble emphasizes fun, community, and seamless integration. Their mission is to bring the joy of casual gaming to the blockchain, ensuring that players can enjoy games without needing to understand the intricacies of blockchain technology. Who Created Gomble (GM)? Gomble was created by the renowned South Korean game studio, 111%. This studio has a track record of creating viral hits like Random Dice and BBTAN, amassing over 100 million players worldwide. Leading Gomble is Jihoon Byun, the former COO of 111%, who brings a wealth of experience from his time at tech giants like Google, SK Telecom, and Kakao Brain. His vision is to create a platform where gaming is not just about playing but about community, collaboration, and shared experiences. What VCs Back Gomble (GM)? Gomble's innovative approach has attracted significant attention from major venture capital firms. In its seed funding round, Gomble secured investments from Binance Labs, Animoca Brands, Spartan Group, Hashed, Shima Capital, Altos Ventures, IOSG Ventures, Foresight Ventures, BigBrain Holdings, etc. How Gomble (GM) Works At its core, Gomble aims to make blockchain gaming as straightforward and enjoyable as traditional gaming. Here's how they achieve this: 1. Gomble Squad This is the heart of the Gomble ecosystem. It's a cross-platform interface available on Telegram, web, mobile apps, and more. Gomble Squad allows players to carry their achievements and contributions across multiple games. It promotes social interactions, enabling players to engage in collaborative missions, choose specific squads for contributions, and maintain a verifiable history of their gaming interactions. 2. Unified Gaming Identity Gomble Squad supports multi-chain wallet links and various social platform connections. This means players can have a comprehensive view of their gaming engagements across different networks. By recording these interactions on-chain, players build verifiable histories that can be valuable for future opportunities both within and beyond gaming. 3. Proof of Squad One of Gomble’s most unique features is its "Proof of Squad" system. This mechanism tracks and verifies each player’s contributions and interactions across games and social platforms. Whether you're completing missions, helping other players, or joining events, all your actions are recorded on-chain. This creates a transparent and trustworthy profile of your gaming history. It’s like a Web3 resume for gamers—your squad activities prove your reputation, and you can earn incentives or special access based on your level of participation and influence in the community. 4. Gomble Builders Recognizing the challenges developers face in the Web3 gaming landscape, Gomble Builders provides a suite of essential tools for building and publishing Web3 games. This platform empowers both small Web3 gaming studios and traditional Web2 developers to focus on crafting engaging gaming experiences. Key components include: ● IP Lending: Facilitating access to a diverse range of intellectual properties, allowing developers to incorporate popular themes and characters into their games. ● AI Agents: Providing advanced AI-driven tools to assist in game development, from content generation to intelligent NPC behavior. ● Bridge to Gomble Squad: Offering a gateway to global Web3 gaming markets through comprehensive publishing services. 5. Token Economy Gomble introduces GM, a native token that serves as the primary medium of exchange within its ecosystem. This token captures and distributes value created through social interactions, game releases, and external partnerships. Key features include: ● Ecosystem Governance: Token holders participate in decision-making, aligning community interests with the ecosystem's vision. ● Benefit Mechanism: Squads receive points for achievements and interactions, which can be converted into native tokens. ● In-game and Cross-game Transactions: The token facilitates purchases of assets, upgrades, or special features across all ecosystem games. ● Exclusive Access: Owning and staking the native tokens grant access to special events, limited edition items, or premium features. ● 3rd Party Marketing Demand: Projects within and outside the Gomble ecosystem use the native tokens to target qualified squads and their members in their user acquisition strategies. 6. Bridging Web2 and Web3 Gomble is designed with the ambitious goal of onboarding 3 billion Web2 casual mobile gamers into this new paradigm. They employ advanced wallet abstraction techniques that shield users from blockchain complexities, ensuring a seamless transition from traditional gaming. GM Goes Live on Bitget Gomble is reshaping the gaming world by merging the simplicity of casual play with the dynamic potential of blockchain. With a seasoned team, strong VC backing, and a vision grounded in community and accessibility, Gomble offers a fresh, fun, and rewarding gaming experience for everyone—from Web3 veterans to first-time players. Its seamless identity system, developer-friendly tools, and powerful token economy create real utility and lasting engagement. Whether you're a gamer, builder, or community member, Gomble opens the door to a vibrant, growing ecosystem where every interaction counts. At its core is the GM token, powering in-game purchases, cross-game transactions, and exclusive access to events and features. Players and SQUADs earn GM through gameplay and engagement, while holders can stake for incentives and participate in governance. GM also drives ecosystem growth. As more games, players, and partners join, demand for the token rises—boosted by token buybacks, burns, and third-party marketing. This creates a self-reinforcing loop of value and engagement. Ready to dive in? GM is now available for trading on Bitget, giving you a simple, trusted way to join the Gomble revolution today. How to Trade GM on Bitget Listing time: April 16, 2025 Step 1: Go to GMUSDT spot trading page Step 2: Enter the amount and the type of order, then click Buy/Sell Trade GM on Bitget now! GM on Bitget Launchpool - Lock BGB and grab a share of 15,454,000 GM There's more! From 16 April 2025, 10:30 to 21 April 2025, 10:30 (UTC), GM will be a part of Bitget Launchpool, a platform for users to lock and earn new tokens for free. Join now to get the best out of it! Lock BGB and Get GM now! Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

Pi Network Mainnet Launch: A New Era for Mobile Mining

The long-awaited Pi Network Mainnet launch finally happened in February 2025, marking a major milestone for the world of cryptocurrency. This event has transformed Pi from a closed ecosystem into a blockchain that allows external transactions, exchange listings, and real-world use cases. Pi Network has been one of the most talked-about projects in the crypto space, thanks to its unique mobile mining system and large community of pioneers. With the introduction of the Pi Network Open Mainnet, users can now transact Pi coins outside the enclosed network, integrating with the broader crypto market. But what does this really mean for the project and its users? Let’s break it down. What Is Pi Network? Pi Network is a cryptocurrency project designed to be accessible to everyone, allowing users to mine Pi coins using just their smartphones. Unlike Bitcoin and Ethereum, which require expensive hardware and significant electricity, Pi uses a Proof of Consensus (PoC) mechanism that enables users to earn coins with minimal effort. Launched in 2019 by a team of Stanford graduates, Pi Network quickly gained popularity, amassing over 70 million users worldwide. The platform operates in four phases: 1. Beta Phase (2019-2020) – Users could mine Pi Coins, but transfers were restricted. 2. Testnet Phase (2020-2022) – Developers tested the blockchain and verified transactions. 3. Enclosed Mainnet Phase (2022-February 2025) – Transactions were restricted within the Pi ecosystem. 4. Open Mainnet Phase (February 2025-now) – External transactions and exchange listings are possible. Before the Pi Network open mainnet launch on February 20, users were unable to withdraw, trade, or use their Pi outside the Pi Network ecosystem. With the Pi Coin Mainnet launch, all that has changed. What Does the Pi Network Open Mainnet Mean? The term “Open Mainnet” refers to a blockchain that is fully operational and connected to external networks. This means Pi Coin can now be transferred to external wallets, traded on cryptocurrency exchanges, and used in real-world applications. Here’s a breakdown of what this means for users: 1. External Transactions – Users can send and receive Pi coins outside of the Pi ecosystem. 2. Exchange Listings – Pi Network is now eligible to be listed on major cryptocurrency exchanges like Bitget. 3. Business Adoption – Companies can now integrate Pi as a payment method for products on the Mainnet. 4. Decentralization – The transition to Mainnet makes the network more secure and scalable. 5. Increased Activities – Developers can launch dApps on the Pi Network and diversify what users can do on the blockchain. Key Features of the Pi Network Mainnet Launch The Mainnet launch has introduced several critical updates that enhance Pi Network’s functionality and credibility. Here are the most important features: 1. KYB Verification for Businesses To encourage adoption, Pi Network now allows businesses to integrate with the Mainnet through Know Your Business (KYB) verification. This ensures that companies accepting Pi as payment are legitimate and trustworthy. 2. Exchange Integration for Trading With Pi Network’s transition to an Open Mainnet, cryptocurrency exchanges, both DEX and CEX included, can now support Pi trading pairs. This means users can finally buy, sell, and trade Pi coins for other cryptocurrencies or fiat money. 3. Security and Scalability Updates Pi Network has rolled out Node version 0.5.1, which optimizes performance, improves decentralization, and prepares for public node rankings. These upgrades ensure that the blockchain remains secure and scalable as more users join the network. 4. Airdrops and Reward System As part of the Mainnet launch, Pi Network conducted a massive $12.6 billion airdrop for KYC-verified users. This rewarded early adopters and encouraged participation in the Open Network Challenge, a program designed to help users explore the Pi ecosystem. What Changed After the Pi Network Mainnet Launch? Since the Pi Network open mainnet, several major developments have taken place: 1. Pi Coin Can Now Be Traded on Exchanges Before the mainnet launch, Pi Coin was only traded as an IOU (futures contract) on certain exchanges, with speculative prices between $61 and $70 per coin. However, after the actual launch, the price surged to $2.10 before stabilizing around $0.7 as of April 2025. 2. KYC and KYB Verification Expanded Users who completed Know Your Customer (KYC) verification could transfer their Pi to the open mainnet. Additionally, Know Your Business (KYB) verification was introduced, allowing businesses to accept Pi Coin as payment legally. 3. DApps Are Growing The Pi ecosystem now supports smart contracts and dApps, with developers building real-world use cases for Pi Coin. 4. Businesses Are Starting to Accept Pi Coin Since the mainnet launch, a growing number of merchants have begun accepting Pi Coin for goods and services, but adoption remains limited due to issues such as price volatility and regulatory uncertainties. Can Pi Coin Be Accepted as Payment? One of the main goals of the Pi Network open mainnet is to make Pi Coin a real currency for goods and services. Some businesses have already started accepting Pi Coin for transactions, but widespread adoption depends on: ● Business KYB (Know Your Business) verification to enable merchant accounts. ● Stable Pi Coin value to encourage long-term usage. ● More dApps and smart contracts on the Pi blockchain. If the Pi Network ecosystem grows, Pi Coin could become a popular digital currency for payments and services. Risks and Challenges for Pi Network While the Pi Network Open Mainnet is a major step forward, there are still some challenges to consider: 1. User Count Discrepancies Pi Network claims to have 70 million users, but the number of active wallets is much lower. This could affect adoption and liquidity. 2. Inflation Concerns The circulating supply of Pi doubled with the Mainnet launch, raising concerns about potential inflation and long-term value. 3. Centralization and Privacy Issues Pi Network requires mandatory KYC, leading some to question its commitment to decentralization and privacy. 4. Regulatory Uncertainty Pi Network may face challenges from governments and financial regulators, which could impact exchange listings and business adoption. Conclusion The Pi Network mainnet launch on February 20, 2025, was a historic moment for Pioneers who spent years mining Pi Coin. Now that the network is open, users can finally trade and use their Pi holdings. However, adoption has been slower than expected, and the price has dropped since launch. Whether Pi Network becomes a true global digital currency or fades away depends on exchange support, business adoption, and user engagement. The future of Pi Network is uncertain, but the upcoming product on mainnet will decide whether Pi Coin becomes a true digital currency or just another crypto experiment. For now, Pi Coin remains a work in progress with both potential and uncertainty. Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading guidance. Qualified professionals should be consulted prior to making financial decisions.

Babylon (BABY): Unlocking Bitcoin's Potential in the Proof-of-Stake Ecosystem

What is Babylon (BABY)? Babylon (BABY) is a decentralized protocol designed to enable native Bitcoin staking directly on the Bitcoin blockchain without intermediaries. It does this through a unique architecture that uses Bitcoin scripts, custom-built modules, and a connection to a secondary blockchain called Babylon Genesis. It introduces a novel shared-security architecture that extends Bitcoin's robust security model to the broader decentralized ecosystem. By allowing BTC holders to participate in staking operations while maintaining their assets on the Bitcoin network, Babylon provides verifiable security guarantees to other networks that are parts of the Bitcoin Secured Networks (BSNs). With Babylon, users don’t have to give up control of their Bitcoin. They keep it in their own wallets, and the protocol ensures their BTC is being used in a secure and trustless manner. Who Created Babylon (BABY)? Founded in 2022, Babylon was established by Stanford Professor David Tse and Dr. Fisher Yu. ● Professor Tse is renowned for his contributions to engineering and has received prestigious awards such as the IEEE Claude E. Shannon Award and the IEEE Richard W. Hamming Medal. ● Dr. Yu is a blockchain security expert and tech entrepreneur, known for his impactful work in blockchain scaling and data availability. Together, they lead a team of consensus protocol researchers and experienced layer 1 engineers from around the world What VCs Back Babylon (BABY)? Babylon has attracted significant attention from the venture capital community. In December 2023, the protocol raised $18 million in a Series A funding round co-led by Polychain Capital and Hack VC. Other participants included Framework Ventures, Polygon Ventures, Castle Island Ventures, OKX Ventures, and Symbolic Capital. In May 2024, Babylon secured an additional $70 million in funding led by Paradigm, with participation from Bullish Capital, Polychain Capital, Hashkey Capital, Mantle, Galaxy, Hack VC, and others. These investments underscore the confidence that prominent venture capital firms have in Babylon's vision and potential. How Babylon (BABY) Works Babylon's protocol allows Bitcoin holders to stake their assets on PoS blockchains without the need for wrapping or bridging, thereby maintaining the integrity and security of their BTC holdings. The process involves several key components: 1. Staking Bitcoin: BTC holders initiate staking by sending a transaction that locks their Bitcoin in a self-custodial vault. This setup ensures that the assets remain under the staker's control without reliance on third parties. 2. Validation on PoS Chains: ● Once the staking transaction is confirmed, the staker, or a delegated validator, can begin validating transactions on the PoS chain. It’s worth noting that stakers can delegate their voting power to validators who participate in the consensus process of other PoS chains. This delegation involves only the voting power; the actual BTC remains securely locked in the staker's vault. ● To synchronize PoS chains with the Bitcoin network, Babylon utilizes Bitcoin's timestamping feature. This process involves embedding snapshots of the PoS chain's state onto the Bitcoin blockchain, creating an immutable record that enhances security. It also facilitates faster unbonding periods, allowing stakers to withdraw their BTC more quickly compared to traditional PoS systems. ● Honest participation earns benefits, while malicious behavior, such as double-signing, can lead to penalties. 3. Security Mechanisms: Babylon employs Extractable One-Time Signatures (EOTS) and a covenant committee to enable slashing mechanism, which means that a portion of the staked BTC will be forfeited. If malicious behavior is detected, the protocol can enforce penalties, ensuring the integrity of the network. 4. Unstaking: To unstake, they can either wait for a predetermined time-lock to expire or submit an unbonding transaction, after which their BTC is unlocked and returned. This design ensures that stakers have a clear and secure path to retrieve their assets. BABY Goes Live on Bitget Babylon represents a major leap forward for both Bitcoin and the broader blockchain world. By enabling native Bitcoin staking to be used for enhancing the security of PoS chains, Babylon unlocks powerful new possibilities. Bitcoin holders can now earn incentives without giving up control of their assets, while PoS networks gain the benefit of Bitcoin’s unmatched security and liquidity. This trustless, decentralized model strengthens the entire Web3 ecosystem. With a solid foundation led by respected academics and backed by strong technical architecture, Babylon is well-positioned to become a critical part of the next generation of blockchain infrastructure. As the Babylon network grows, its native token, BABY, plays a central role in governance, transactions, and securing the ecosystem. For those interested in supporting the protocol or participating in its growth, BABY is now available for trading on Bitget. Take this chance to be part of a protocol that's redefining what Bitcoin can do. BABY on Bitget Pre-Market BABY is a part of Bitget Pre-Market, a platform where users can trade tokens over-the-counter before the token is listed for spot trading. Join now to get the best out of it! Start time: 3 April, 2025 To use Bitget Pre-Market, follow these simple steps: ● Step 1: Go to the Bitget Pre-Market page. ● Step 2: ○ For Makers: ■ Choose the desired token and click on ‘Post Order’. ■ Specify Buy or Sell, enter price and quantity, review details, then confirm. ○ For Takers: ■ Choose the desired token, pick ‘Sell’ or ‘Buy’, select the pending order, enter quantity, and confirm. For detailed instructions on how to use Bitget Pre-Market, please read Introducing Bitget Pre-Market: Your Gateway to Early Coin Trading Get BABY on Bitget Pre-Market now! BABY on Bitget Spot We are thrilled to announce that Babylon (BABY) will be listed in the Innovation and DeFi Zone. Check out the details below: Deposit Available: Opened Trading Available: 10 April 2025, 10:00 (UTC) Withdrawal Available: 11 April 2025, 11:00 (UTC) Spot Trading Link: BABY/USDT Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

Bitget In A Nutshell

Bitget is a cryptocurrency exchange and Web3 company founded in 2018, offering a range of trading options, including spot, futures, pre-market and bot trading, and a focus on copy trading with a growing global user base. We aim to be a one-stop platform for individuals seeking a simple way to buy, sell, trade, or hold digital assets. In this article, we will guide you through our ecosystem and how we continuously bring a fun and transformative trading experience on Bitget. Meet Bitget Established in 2018, Bitget is the world’s leading crypto exchange and Web3 company, currently serving over 100 million users across 200+ countries and regions. With an average daily trading volume of $20 billion, Bitget is now the fourth-largest crypto exchange by volume. Since its inception, Bitget has remained dedicated to providing a seamless and user-friendly experience for individuals worldwide. We go beyond traditional trading by offering innovative solutions like earning programs, designed to help users access free airdrops and profitable opportunities. By blending an accessible interface with multiple financial products, Bitget caters to both newcomers and those who want to explore advanced strategies. Bitget also inspires individuals to embrace crypto through collaborations with credible partners, such as the world’s most celebrated football league, LALIGA, legendary footballer Lionel Messi, top Olympic athletes, and official eSports event organizer, PGL. Born in a bear market, Bitget is grounded in the values of putting users first, focusing on product innovation, and advocating long-term prospects with the spirit of "earnestness." Why Bitget? Growing recognition: Bitget’s commitment to providing first-rate services has resulted in our customer base of more than 100 million users from 200+ countries and regions. Not only that, we have established partnerships with credible partners, such as LALIGA, Lionel Messi, top Olympic athletes, and PGL, and so on. Security: Bitget has additionally set the bar very high for security standards. Bitget emphasizes security with a cold/hot wallet separation storage solution, real-time risk analysis, complete defense-in-depth system, and a monthly Proof of Reserves. Protection Fund: The Bitget Protection Fund is an emergency reserve created to protect our users' funds. It is the second-largest security fund among CEXes. Functionalities: One thing that sets centralized exchanges apart from decentralized exchanges is the sophisticated conditional ordering system. You will find Market Order, Limit Order, and Trigger Order on both Spot and Futures Trading, and refine them with additional orders such as Take Profit, Stop Loss, GTC (Good ’Til Cancelled), IOC (Immediate or Cancelled), Post Only or FOK (Fill or Kill), the integration of crypto bot trading and analytics. Compliance: We are committed to regulatory standards and have secured Virtual Asset Service Provider (VASP) licenses in several countries. Bitget’s Key Features Bitget serves as a one-stop platform to buy, sell, trade, and hold various cryptocurrencies. 1. Trading Options: We offer diverse trading products, including futures, spot, margin, bots and pre-market trading. Copy Trading - Shadow top traders, replicate their strategies, and watch the profits roll in. Bitget is known for our flagship copy trading feature, allowing our users to follow and replicate the trades of experienced traders. No fuss, no muss; you don’t have to be an avid trading guide reader or an expert in technical analysis to be successful. The concept of copy trading involves the automatic copy of positions opened and managed by verified traders. Therefore, success can be passed along hassle-free. Bitget Copy Trade has been persistently boosting crypto fever with futures copy trade, spot copy trade, and bot copy trading. Elite traders receive up to 10% from their followers’ profits, which, in turn, motivates them to improve their trading strategies for a win-win result continually. Thanks to this practical design philosophy, Bitget has been holding the title of the world’s largest crypto copy trading platform. Spot Trading - Over 800 pairs and powerful tools put you in full control—trade like a pro. Bitget Spot Trading is the destination for anyone looking to invest in and/or hold cryptocurrencies. With over 800 trading pairs and counting, Bitget Spot Trading opens the door to the whole crypto universe, from staples like Bitcoin (BTC) and Ethereum (ETH), blue-chips such as Ripple (XRP), Solana (SOL) or Bitget Token (BGB) to the most trendy tokens. Futures trading - Trade with up to 125x leverage and cutting-edge risk management, designed for those who demand precision and control in every market move. Bitget derivatives markets are well-known for our high liquidity. Bitget Futures Trading is divided into three different products: USDT-M Futures, and USDC-M Futures for cautious traders, Coin-M Futures for crypto-geeks. Each accepts a different asset as the margin. Bots trading - Automate trades and catch every price swing effortlessly. At Bitget, we believe that trading can and should be automated, which is why there is a great variety of trading bots available for Bitget spot and futures trading: Spot auto-invest, Spot grid, Futures grid, Spot martingale, Futures martingale, Spot CTA, and Futures CTA. You can choose one predetermined strategy under the AI tab and let the bots do their job or adjust the parameters manually to match personal preferences. Pre-Market trading - Get in before the frenzy begins and let the market fight for your leftovers. Bitget has a pre-market trading platform for new coins before their official listing. It serves as a marketplace where buyers and sellers can come together to engage in peer-to-peer trading, setting the stage for early adoption and competitive pricing. 2. Web3 Solutions - Safer transactions, better prices, your ultimate Web3 portal to the crypto universe. Bitget Wallet, formerly known as BitKeep, is a world-class, multi-chain crypto wallet offering a wide range of Web3 features, including wallet management, swaps, an NFT marketplace, a DApp browser, and more. Learn more: Bitget Wallet 3. Earn Products - Let your idle assets work for you with bonuses For long-term investors, Bitget Earn presents an opportunity to accrue stable, passive income. We offer products like Savings, Launchpad, Dual Investment, and Shark Fin, each designed to cater to different investment preferences. Bitget Savings Bitget Savings acts as a backstop for uncertainties and volatilities found in emerging markets such as crypto; hence, it is risk-free. Launchpad, Launchpool & CandyBomb Bitget Launchpad is a platform designed to showcase popular and high-quality cryptocurrency projects, which has uncovered several quality projects for its users. Bitget Launchpool also enables users to earn new tokens for free by staking specific tokens. With Launchpool, users have the opportunity to earn tokens for free, enjoy high returns, and grab a share of the grand prize pool. Bitget CandyBomb is the industry's first centralized platform for cryptocurrency gem-hunting enthusiasts, where users can complete tasks to win airdrops. No financial investment is required, users simply need to complete specific tasks to win token airdrops! Principal-protected Earn products Shark Fin is an innovative principal-protected structured financial product that combines fixed-interest products with financial derivatives, making it an accessible option for users who prefer low-risk investments. Refer to the article Bitget Shark Fin Introduction for details. Smart Trend, another innovative financial product, utilizes a blend of fixed assets and options to create distinct financial products that offer a balance between risk and returns. Smart Trend products aim to increase returns while balancing the risk of crypto price fluctuations. Based on the judgment of price trends, investors can get enhanced returns from the rise or fall of crypto prices on top of enjoying a base APR. Even if your projections are wrong, you can still enjoy base APR at settlement. Refer to the article A Tutorial on Bitget Smart Trend for more details. Non-principal-protected Earn products Dual Investment is a non-principal-protected product with high yields, which involves investing in two cryptocurrencies simultaneously. It is ideal for investors who intend to hold coins in the long term, but also want to continue to grow the amount of assets they hold. Refer to Introduction to Bitget Dual Investment Product for more details. 4. Bitget Token (BGB) - The token that connects your crypto, DeFi, and NFTs like never before. The BGB Token is Bitget's own platform token and is driven by the belief that a crypto ecosystem should be simple, secure, and accessible to everyone around the world. As a platform token, the top priority for BGB is to provide a diverse range of exclusive benefits to holders, so that we can benefit together from Bitget’s growth. See more: BGB Holder Benefits Hands-on Tutorial for Beginners In this tutorial, we aim to provide you with clear, concise instructions to help you navigate the exciting world of Bitget. Here’s to a successful journey together in the dynamic world of cryptocurrency! 1. Signing up Begin your cryptocurrency journey by registering for a Bitget account. It's a simple process that can be done via email or phone number. Visit the Bitget website or download the Bitget app. After clicking ‘Sign up’, you will receive a verification code to assist you in completing the next steps. You can refer to the Registration Guide & KYC Guide for detailed information on the sign-up and identity verification process. 2. Making your first deposit Once your account is set up and verified, it's time to fund it. Bitget supports a variety of deposit methods, including direct fiat currency purchases and on-chain transfers. Refer to the guides below for more details: Deposits Via P2P Trading Deposits Via Credit/Debit Cards Deposits Via Bank Transfers Deposits via OTC, Cash Conversion, Third-party Payments Transfer Funds from Other Crypto Wallets to Bitget 3. Exploring Trading Options Bitget offers diverse trading opportunities, including futures, spot, margin trading, bot trading, and pre-market trading. Before trading, you'll need to transfer funds between your Bitget accounts. Refer to the article How to transfer funds between Bitget accounts for more details. You are now ready to start trading! Log in to Bitget and select Trade, where you can explore different trading methods. For newcomers, we recommend checking out our comprehensive guides on different trading types to get started: Know The Different Order Types The Uncensored Guide To Spot Trading How To Make Your First Futures Trade Key Futures Trading Terms Introducing Bitget Pre-Market Copy Trading Guide Bitget Earn Guide Whether you’re new to this space or looking for a platform that offers multiple trading methods, Bitget has several tools to help you reach your goals. Sign up today and start your journey with Bitget, where opportunities to grow your crypto portfolio await!

What Is a Central Bank Digital Currency (CBDC)?

Imagine a world where the cash in your pocket no longer exists in physical form but as a secure, digital currency that you can access anytime, anywhere, with just a smartphone or computer. This future is closer than you might think, as Central Bank Digital Currencies (CBDCs) are gaining momentum around the globe. As of now, over 130 countries—representing more than 95% of the global GDP—are exploring or piloting CBDCs, signaling a revolutionary shift in the way we think about money. But what exactly are CBDCs, and how will they change our financial systems, daily transactions, and even the role of traditional banks? This article explores what CBDCs are, how they work, the potential benefits they offer, the challenges they pose, and how they are shaping the future of money. What Is Fiat Money and Why Is It Important for CBDCs? To fully understand CBDCs, it’s important to first grasp the concept of fiat money. Fiat money refers to a currency that has no intrinsic value but is deemed valuable because a government declares it to be legal tender. Unlike commodities like gold or silver, which have inherent value, fiat money gets its worth from the stability and authority of the government behind it. The U.S. dollar, the euro, and the British pound are all examples of fiat money, and they are universally accepted as a means of payment. CBDCs are digital versions of this same fiat money, but with a crucial difference: while physical cash is becoming less popular, digital currencies are taking over as the preferred mode of payment. Central banks are exploring CBDCs to create digital currencies that will continue to carry the same legal weight as paper money but in a more modern, efficient format. CBDCs aim to offer the same level of trust, stability, and security that fiat currencies have, while providing the convenience of a digital, faster, and more secure payment system. What Is a Central Bank Digital Currency (CBDC)? A Central Bank Digital Currency, or CBDC, is a digital form of a nation's official currency issued and regulated by the central bank. Unlike cryptocurrencies such as Bitcoin, which operate independently on decentralized networks using blockchain technolog, CBDCs are centralized and are fully backed by the authority and trust of the central bank. This makes them legal tender, meaning they must be accepted for payment for all debts and financial obligations within a country. CBDCs are designed to work within the existing financial system, and their primary purpose is to make digital payments safer, faster, and more efficient. While physical cash remains essential in many parts of the world, digital payments are growing at an exponential rate. In fact, global mobile payments are projected to surpass $26.53 trillion by 2032. As cash usage declines, the need for a reliable and secure digital currency backed by the government has become more pressing. CBDCs are the answer to this growing demand for digital currency solutions. Types of CBDCs There are two main types of CBDCs: retail CBDCs and wholesale CBDCs. Both types aim to modernize payment systems, but they serve different purposes and target different users. Retail CBDCs Retail CBDCs are digital currencies designed for use by the general public, including consumers and businesses. These digital currencies function like cash but in digital form. They are intended to be used for everyday transactions, such as paying for goods and services, transferring money between individuals, or making online purchases. Retail CBDCs can be accessed through digital wallets or mobile apps linked to an individual’s bank account. Retail CBDCs can be further divided into two types: Account-Based Retail CBDCs: In this system, users hold accounts directly with the central bank or through authorized intermediaries, such as commercial banks. Transactions are recorded in centralized databases, and access to the currency is secured by personal identification methods. This model allows central banks to monitor transactions more closely and ensure compliance with regulatory standards, but it may raise concerns about privacy and data security. Token-Based Retail CBDCs: In this model, users hold digital tokens that represent units of the currency. These tokens can be transferred peer-to-peer, much like physical cash, and transactions are designed to be anonymous and decentralized. Token-based CBDCs aim to offer the privacy of cash transactions while retaining the security of digital payments. Wholesale CBDCs Wholesale CBDCs are digital currencies designed primarily for financial institutions, such as commercial banks and payment processors. These currencies facilitate large-value transactions and improve the efficiency of interbank payments and settlements. Wholesale CBDCs are primarily used by financial entities to conduct large-scale transactions more securely, reducing settlement times and lowering transaction costs, especially for cross-border payments. While wholesale CBDCs won’t be used by the general public, they are critical in improving the overall efficiency of the financial system. They help streamline processes and enable faster and more secure transactions between financial institutions. How CBDCs Work CBDCs are not simply digital versions of cash; they are designed to offer a range of benefits and features that set them apart from traditional currencies. Centralized Control The most defining feature of a CBDC is that it is centralized. This means that the central bank or government has complete control over the issuance, distribution, and regulation of the currency. In contrast, cryptocurrencies like Bitcoin are decentralized, meaning they are not controlled by any central authority. Centralized control ensures that CBDCs can be integrated into existing monetary systems and allow for the implementation of monetary policies. Digital Nature CBDCs exist only in digital form, meaning they do not have a physical counterpart like banknotes or coins. This makes them easier to use and transfer, particularly in a world that is increasingly reliant on digital payments. As digital assets, CBDCs can be easily stored in digital wallets and transferred electronically between individuals, businesses, and institutions. The digital nature of CBDCs also allows for faster and more efficient transactions, which is particularly important in the context of an increasingly globalized and interconnected economy. Legal Tender Status CBDCs are considered legal tender, which means they are recognized by law as an official form of payment. This gives them the same status as physical currency, meaning they can be used to settle debts and financial obligations within a country. While cryptocurrencies are not recognized as legal tender in most countries, CBDCs would have the force of law behind them, making them universally accepted within the national economy. Security and Privacy Security is a key feature of CBDCs. Central banks and governments are keen to ensure that CBDCs are secure from fraud, hacking, and other cyber threats. Advanced cryptographic techniques are used to protect CBDC transactions, ensuring that they are tamper-proof and traceable. However, privacy is a key consideration as well. While CBDCs offer greater security than physical currency, the degree of privacy they afford users may vary depending on the type of CBDC and the regulatory framework governing it. The Benefits of CBDCs Improved Payment Efficiency CBDCs could make payment systems more efficient by reducing transaction costs and settlement times. Unlike traditional payment methods, which require intermediaries such as banks or payment processors, CBDCs would allow for direct transactions between users and central banks, eliminating these intermediaries and speeding up the payment process. Financial Inclusion CBDCs have the potential to improve financial inclusion by providing digital access to money for people who are unbanked or underbanked. According to the World Bank, approximately 1.4 billion adults globally do not have access to a bank account. By offering a digital alternative to cash, CBDCs can provide people with a safe, secure, and easily accessible means of participating in the financial system. Enhanced Monetary Policy CBDCs provide central banks with new tools for implementing monetary policy. By having a digital currency that can be directly monitored and regulated, central banks can more easily control the money supply, manage inflation, and implement measures such as negative interest rates or direct stimulus payments. Reduced Risk of Financial Crimes Since CBDC transactions are traceable and recorded on secure digital ledgers, they could help reduce the risk of money laundering, tax evasion, and other financial crimes. Governments could more easily track and monitor transactions, making it harder for criminals to use the financial system for illicit activities. The Challenges of CBDCs Despite their potential benefits, CBDCs also come with several challenges and risks that must be addressed: Privacy Concerns One of the primary concerns surrounding CBDCs is the potential loss of privacy. Unlike cash, which is anonymous, CBDC transactions could be monitored by governments and central banks. This raises concerns about surveillance and the potential for misuse of personal financial data. Cybersecurity Risks As digital assets, CBDCs are susceptible to cyberattacks and fraud. Ensuring the security of CBDC systems will be critical to their success. Any breach or hack could undermine public trust in the system and potentially lead to financial instability. Impact on Traditional Banks The introduction of CBDCs could disrupt the traditional banking system. If consumers and businesses shift their deposits from commercial banks to digital wallets, it could affect the ability of banks to lend and create credit, potentially leading to liquidity issues. Implementation Costs Developing and implementing CBDCs involves significant costs, including investments in technology, infrastructure, and regulatory frameworks. Governments and central banks will need to ensure that the benefits outweigh the costs and that the system is accessible and user-friendly for everyone. The Global Race to Launch CBDCs If you wonder, has any country launched a CBDC yet? The answer is yes—several countries have already introduced Central Bank Digital Currencies (CBDCs). As of early 2025, the following nations have rolled out their own digital currencies: The Bahamas: Launched the "Sand Dollar" in October 2020, becoming the first country to issue a CBDC. Jamaica: Introduced the "Jam-Dex" in July 2022, recognizing it as legal tender. Nigeria: Launched the "e-Naira" in October 2021, aiming to enhance financial inclusion and payment efficiency. China: Developed the digital yuan, also known as the digital renminbi (e-CNY), with extensive pilot programs and trials across various cities.India: Initiated the "Digital Rupee" pilot project in November 2022, with plans for broader implementation. Russia: Launched the "Digital Ruble" pilot program, aiming to modernize the payment system. Brazil: Developed the "Drex," with testing phases initiated in March 2023. Eastern Caribbean Currency Union (ECCU): Introduced "DCash" in March 2021, serving multiple island nations. Sweden: Launched the "e-krona" pilot project to explore digital currency options. South Korea: Initiated the "Digital Won" pilot program to assess the feasibility of a digital currency. United Arab Emirates: Developed the "Digital Dirham" as part of a broader CBDC strategy. CBDCs vs. Cryptocurrencies Central Bank Digital Currencies (CBDCs) and cryptocurrencies are both exciting developments in the world of digital money, but they each come with their own unique flavor. CBDCs are like a digital version of the cash you already know and use, but with a twist—these are issued and controlled by a country's central bank. This means they’re officially recognized as legal tender and are backed by the government, making them stable and secure. Countries like China and the Bahamas have already launched their own CBDCs, with more countries jumping on board, eager to modernize their financial systems and make payments faster and more inclusive. Cryptocurrencies, on the other hand, are the rebels of the digital currency world. With names like Bitcoin and Ethereum, they run on decentralized networks, meaning there’s no government or central bank in charge. Instead, transactions are validated by a global network of computers using blockchain technology. While this gives cryptocurrencies a lot of freedom and privacy, it also comes with some wild price swings. One minute, the value could skyrocket, and the next, it could plummet. For some, the risk is worth the reward, but for others, it’s a bit too unpredictable. So, while CBDCs offer stability and government backing, cryptocurrencies offer freedom and the potential for big gains—or losses. Conclusion Central Bank Digital Currencies represent a significant evolution in the digitalization of money, offering potential benefits such as improved payment efficiency, financial inclusion, and enhanced monetary policy tools. However, they also present challenges related to privacy, cybersecurity, and financial stability. As countries continue to explore and develop CBDCs, careful consideration of these factors will be essential to ensure that the advantages are realized while mitigating potential risks. The future of money is digital, and CBDCs could play a central role in shaping that future. Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

PumpBTC (PUMP): Transforming BTC Into a Multi-Chain Yield-Bearing Asset

PumpBTC (PUMP): Transforming BTC Into a Multi-Chain Yield-Bearing Asset What is PumpBTC (PUMP)? PumpBTC (PUMP) is a liquid staking solution for Bitcoin that allows BTC holders to stake their assets and earn yield while maintaining full liquidity. what-is-pumpbtc-pump-and-how-does-it-work What is PumpBTC (PUMP)? PumpBTC (PUMP) is a liquid staking solution for Bitcoin that allows BTC holders to stake their assets and earn yield while maintaining full liquidity. Unlike traditional staking, which requires locking assets, PumpBTC lets users keep their BTC liquid while still benefiting from staking rewards. The key innovation behind PumpBTC is its integration with Babylon, a decentralized system that enables trustless Bitcoin staking. This means BTC holders can stake their Bitcoin directly on the Bitcoin network without using wrapped tokens or intermediaries. Babylon then extends Bitcoin’s security model to other blockchain networks, which means that BTC is used in securing Proof-of-Stake (PoS) networks and other blockchain-based applications. Thanks to the integration with Babylon, PumpBTC allows BTC to be in users’ control while still being used to provide security for Bitcoin Secured Networks, which include blockchains, DeFi protocols, and infrastructure projects that need Bitcoin’s economic security. This approach transforms BTC from a passive asset into an active yield-generating tool while reinforcing the security of PoS blockchains. Who Created PumpBTC (PUMP)? While specific details about the founders of PumpBTC are not publicly disclosed, the platform's mission is clear: to provide BTC holders with opportunities to maximize yields through staking. What VCs Back PumpBTC (PUMP)? In October 2024, PumpBTC secured $10 million in seed funding. This round was co-led by SevenX Ventures and Mirana Ventures, with participation from UTXO Management and the Mantle Ecosystem Fund. The capital is earmarked for launching the BTC-fi Yield Vault, a DeFi-based Bitcoin liquidity vault designed to optimize yields for BTC holders. How PumpBTC (PUMP) Works PumpBTC is designed to be simple, secure, and highly efficient. The staking process follows a structured flow that ensures users can stake BTC, earn yields, and maintain liquidity across multiple blockchain ecosystems. 1. Depositing BTC Users start by depositing BTC into the PumpBTC protocol. The deposited BTC is held securely using Babylon’s trustless staking mechanism, ensuring that it remains under the user’s control and is never wrapped or converted into another asset. 2. Receiving PumpBTC Tokens After depositing BTC, users receive PumpBTC tokens in return. These tokens represent their staked BTC and can be freely used in DeFi applications across various blockchains, including EVM networks, Layer 2s, and Layer 3s. This means users are not locked into a single ecosystem and can maximize their yield opportunities. 3. Earning Yield from PoS Staking Staked BTC is used to secure PoS networks and Bitcoin Secured Networks through Babylon’s multi-staking system. These networks rely on Bitcoin’s security and economic weight to strengthen their consensus mechanisms. The yields generated from staking are then distributed to PumpBTC holders, allowing BTC holders to earn yield while their BTC remains secure. The yields come from Bitcoin’s ability to enhance PoS security, making it a valuable asset for securing these networks. The Annual Percentage Rate (APR) is determined by the economic security model of Babylon and similar PoS systems. 4. Points Aggregation Incentives PumpBTC also integrates various point systems to enhance user yields. Participants can earn: ● PumpBTC Points – The native points system that gives advantages to early adopters and liquidity providers. ● Babylon Points – Earned for securing PoS chains with BTC and contributing to Babylon’s staking ecosystem. ● FBTC Points – Related to Frax’s BTC integration. ● L2 Points – Earned for engaging with Layer 2 ecosystems. By accumulating these points, users increase their long-term yields and benefits within multiple blockchain ecosystems. 5. Redeeming BTC or Using PumpBTC in DeFi One of the biggest advantages of PumpBTC is instant liquidity. Users are not forced to keep their BTC locked; they can: ● Redeem their PumpBTC for BTC at any time (subject to withdrawal availability). ● Use PumpBTC in DeFi applications to earn additional yield through lending, borrowing, and liquidity pools. This flexibility makes PumpBTC a superior option compared to traditional BTC staking solutions that require long lock-up periods. PUMP Goes Live on Bitget PumpBTC is revolutionizing the way Bitcoin holders can earn passive income while contributing to blockchain security. By enabling BTC staking in PoS networks, it transforms Bitcoin from a passive store of value into an active, yield-generating asset without sacrificing liquidity. With its secure custody model, multi-chain integration, and innovative points aggregation system, PumpBTC ensures that users maximize their BTC’s earning potential while retaining full flexibility. PumpBTC is positioned to become a leading liquid staking solution for Bitcoin in the DeFi era. As adoption grows, early participants stand to benefit the most, whether through staking yields, liquidity incentives, or trading opportunities. For those looking to take advantage of this innovation, trading PUMP on Bitget offers a great way to get involved in the ecosystem early. PUMP on Bitget CandyBomb PUMP will come to Bitget CandyBomb, the first-of-its-kind tasks-and-airdrop platform by Bitget! Starting from 1 April 2025, 18:45 – 8 April 2025, 18:45 (UTC), you can grab tickets to share 1,299,000 PUMP simply by completing the given tasks! All you have to do is to go to Bitget CandyBomb, click on the [Join] button below the corresponding event, and complete any tasks you prefer. Complete Tasks to Get PUMP now! How to Trade PUMP on Bitget Listing time: April 1, 2025 Step 1: Go to PUMPUSDT spot trading page Step 2: Enter the amount and the type of order, then click Buy/Sell Trade PUMP on Bitget now! Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading guidance. Qualified professionals should be consulted prior to making financial decisions.

Walrus (WAL): The Next Generation of Decentralized Storage

What is Walrus (WAL)? Walrus (WAL) is a decentralized storage and data availability protocol built on Sui. It allows users to store and retrieve large files (“blobs”), such as videos, images, PDFs, AI models, and blockchain history, in a way that is secure, efficient, and scalable. Unlike traditional cloud storage services like Google Drive or Amazon S3, Walrus operates on a network of independent storage nodes rather than relying on a central authority. This ensures that files remain available even if some nodes fail. Walrus aims to solve key issues in decentralized storage, such as high costs, slow speeds, and security risks. It uses advanced erasure coding and a unique algorithm called Red Stuff to make data storage more reliable and cost-effective. Additionally, Walrus leverages the WAL token, a cryptocurrency that powers its economy, ensuring that storage is affordable and that network participants are fairly rewarded. Who Created Walrus (WAL)? Walrus was developed by Mysten Labs, the same team behind the Sui blockchain. What VCs Back Walrus (WAL)? Walrus has attracted significant interest from major venture capital firms. The Walrus Foundation, the main entity behind the protocol, raised $140 million in funding from some of the biggest names in crypto investment. The funding round was led by Standard Crypto, with additional investments from: ● Andreessen Horowitz (a16z) ● Electric Capital ● Franklin Templeton Digital Assets The total valuation of Walrus at the time of the funding was $2 billion, signaling strong confidence in its potential to disrupt the decentralized storage market. How Walrus (WAL) Works Walrus is designed to be fast, secure, and scalable. Here’s a step-by-step breakdown of how it works: 1. Uploading Data When a user wants to store a file on Walrus, they upload it to the network. Instead of storing the full file on a single node, Walrus breaks it into smaller pieces and distributes them across multiple storage nodes. To increase security and efficiency, Walrus uses a unique encoding algorithm called Red Stuff. This method splits data into “slivers” to reduce storage overhead while maintaining fast access and redundancy. 2. Storage and Proof of Availability Once the data is stored, Walrus ensures it remains available by using proof-of-availability mechanisms. These randomly challenge nodes to confirm that they still hold the data. If a node fails too many challenges, it is penalized. Walrus uses Delegated Proof of Stake (dPoS) to manage storage nodes. This means that only trusted nodes with a stake in the network can participate in storing files. 3. Accessing Data When a user wants to retrieve their file, Walrus reassembles the data from multiple nodes and delivers it through a Content Delivery Network (CDN) or cache. This ensures quick access even for large files. Walrus can be accessed through: ● Command Line Interface (CLI) – For developers and advanced users. ● Software Development Kits (SDKs) – For apps and dApps. ● HTTP Web Technologies – For traditional web access. This flexibility makes Walrus compatible with both Web2 and Web3 applications. 4. Paying for Storage (WAL Token) Storage on Walrus is paid for using its native cryptocurrency, WAL. Users pay upfront to store data for a set period, and the WAL tokens are distributed over time to storage nodes as payment. To prevent sudden price fluctuations, Walrus is designed to keep storage costs stable in fiat terms. 5. Incentives and Governance The WAL token also plays a role in network security and governance: ● Storage nodes must stake WAL to participate. ● Nodes with poor performance get slashed (lose part of their stake). ● Governance decisions (such as protocol upgrades) are made through WAL token voting. Additionally, Walrus has a deflationary mechanism where tokens are burned through penalties and slashing. This helps increase the value of WAL over time and encourages responsible staking. WAL Goes Live on Bitget Walrus is a carefully designed protocol that balances affordability, security, and scalability. By leveraging Sui’s blockchain, advanced storage techniques like Red Stuff and erasure coding, and an incentive-driven WAL token economy, Walrus offers a faster, cheaper, and more reliable alternative to traditional blockchain storage. With backing from top-tier investors like Standard Crypto and a16z, Walrus is set to disrupt the decentralized storage market and bring true Web3 storage to the masses. How to Trade WAL on Bitget Listing time: March 27, 2025 Step 1: Go to WALUSDT spot trading page Step 2: Enter the amount and the type of order, then click Buy/Sell Trade WAL on Bitget now! Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading guidance. Qualified professionals should be consulted prior to making financial decisions.

Nillion (NIL): The Future of Secure and Private Data Processing

What is Nillion (NIL)? Nillion (NIL) is a decentralized, privacy-focused computation network designed to securely process sensitive data without exposing it. Unlike traditional cloud computing services that require data to be decrypted before computation, Nillion uses advanced privacy-enhancing technologies (PETs) to perform operations on encrypted data, keeping it confidential at all times. This concept, known as blind computation, allows users to process information without ever revealing it to anyone—not even the infrastructure operators. Nillion’s core mission is to become the backbone of secure AI, decentralized trading, private healthcare analytics, and other industries where data privacy is crucial. By distributing trust across a network rather than concentrating it in a single entity, Nillion eliminates the risks associated with centralized data storage and computation. Who Created Nillion (NIL)? Nillion was co-founded by a team of cryptographers, engineers, and blockchain experts committed to enhancing data security in Web3 and beyond. The company’s leadership includes Alex Page (CEO) and Miguel de Vega (Chief Scientist), alongside a team of specialists who have experience in blockchain security, AI, and cryptographic research. What VCs Back Nillion (NIL)? Nillion has raised tens of millions of USD from prominent blockchain projects such as Hack VC, Arbitrum, Worldcoin, Sei, etc. Additionally, Nillion has partnered with NEAR, Aptos, Arbitrum, Ritual, and others to strengthen its network and expand its real-world applications. How Nillion (NIL) Works There are three major components of the Nillion network: 1. Petnet – The Secure Computation Layer The Petnet is Nillion’s core network. It consists of nodes (computers in the network) that work together to store and process encrypted data. Unlike traditional cloud services, where one company controls the data, Nillion’s Petnet spreads data across multiple nodes, ensuring decentralization and privacy. Developers can choose their own level of security by selecting different Privacy-Enhancing Technologies (PETs), such as: ● Secure Multi-Party Computation (MPC) – Splits data into secret parts and processes them across multiple computers without ever revealing the full data. ● Homomorphic Encryption (HE) – Allows computations on encrypted data without decrypting it. ● Trusted Execution Environments (TEEs) – Special hardware environments that keep data safe while processing it. These technologies allow companies to store and analyze data without putting user privacy at risk. 2. nilChain – The Blockchain for Coordination The nilChain is Nillion’s blockchain layer. It is not a smart contract platform but instead helps coordinate network activity. It does this by: ● Managing payments for data storage and computation services using the NIL token. ● Ensuring security through a Delegated Proof of Stake (DPoS) system, where users stake tokens to vote on network decisions. ● Coordinating node clusters, which are groups of computers that work together to process secure data. Since Nillion does not have a global shared state like traditional blockchains, it is much faster and more scalable. 3. Blind Modules – The Building Blocks of Secure Computation At the heart of Nillion’s technology are Blind Modules. These are special software packages that bring Privacy-Enhancing Technologies (PETs) to developers. Nillion offers three main Blind Modules: a) nilDB – Secure Storage and Data Processing nilDB is Nillion’s encrypted database. It allows users to store, query, and analyze data securely. Unlike traditional databases, where data is stored in a readable format, nilDB encrypts data before storing it and keeps it private even during computations. Use Cases: ● Healthcare: Hospitals can securely analyze patient data without risking privacy. ● Finance: Banks can perform fraud detection without exposing customer information. b) nilAI – Private AI Computation nilAI is designed for secure AI training and inference. It allows AI models to process encrypted data, which is crucial for personalized AI applications. Use Cases: ● Private AI Assistants: Users can have AI assistants that learn about them without exposing personal data. ● Secure AI Training: Companies can train AI models using sensitive data without breaching privacy laws. c) nilVM – Decentralized Signing and Computation nilVM enables secure multi-party signing using cryptographic techniques. This is useful for identity verification, secure transactions, and DAO voting. Use Cases: ● Cryptographic Wallets: Users can securely sign transactions without exposing their private keys. ● DAO Governance: Organizations can conduct private, tamper-proof voting. NIL Goes Live on Bitget Nillion is changing the way we think about data privacy. By enabling Blind Computation, it allows companies, developers, and individuals to store and use data securely without revealing it. The NIL token powers the Nillion network. It has several important functions: Paying for Storage & Computation – Users pay NIL tokens to store data or perform computations on the network. Securing the Network – Nodes stake NIL tokens to participate in secure computations. Governance – NIL holders can vote on network policies and decisions. This incentive system ensures the network is secure, decentralized, and efficient. Nillion is crucial for the future of AI, finance, healthcare, and blockchain. As more companies and developers build on Nillion’s privacy-first infrastructure, we may see a future where our most sensitive data is finally protected, even while being used. The internet’s next evolution isn’t just about decentralization—it’s about privacy. And with Nillion, that future is here. How to Trade NIL on Bitget Spot Listing time: March 24, 2025 Step 1: Go to NILUSDT spot trading page Step 2: Enter the amount and the type of order, then click Buy/Sell Trade NIL on Bitget now! Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.