Sui to introduce Bitcoin staking starting December
Sui, the emerging Layer 1 blockchain, is set to launch Bitcoin staking in December, marking a significant step toward integrating Bitcoin into decentralized finance (DeFi). This new initiative, developed in collaboration with Babylon Labs and Lombard Protocol, will allow Bitcoin holders to stake their BTC on Babylon, a Bitcoin layer-2 network, and mint LBTC, Lombard’s…