Devil9

Most discussions about Bitcoin focus on price.Babylon made me think about something different: what if Bitcoin’s most valuable product isn’t BTC itself, but the security behind it? For years, Bitcoin security protected only the Bitcoin network. The economic value created by that security mostly stayed within Bitcoin’s own ecosystem. Babylon introduces a different idea. Instead of treating Bitcoin as passive capital, it attempts to make Bitcoin security available to other networks through BTC staking. @BabylonLabs_io #baby

At first, this sounds straightforward. More security should be better.But the more I looked into it, the more interesting the trade-off became.Security is not just a technical feature. It is also an economic resource. If multiple networks begin relying on Bitcoin-backed security, Bitcoin becomes something more than a store of value. It becomes infrastructure.That raises a question I rarely see discussed.If Bitcoin security becomes a service that other networks depend on, where does the long-term value accumulate?

Will it primarily benefit the networks consuming that security?Or will the growing demand for Bitcoin-backed security strengthen Bitcoin’s position itself?The answer matters because these are very different outcomes.One creates value around Bitcoin.The other creates value for Bitcoin.Babylon’s model does not automatically guarantee either result. Adoption, validator participation, economic incentives, and real-world demand will ultimately determine whether this security marketplace works at scale.Still, I think this is the more important conversation.We already spend countless hours debating how high Bitcoin’s price can go.

Maybe the bigger question is How valuable can Bitcoin’s security become if the rest of crypto starts treating it as infrastructure instead of simply an asset? @BabylonLabs_io $BABY #baby $KOMA $SNXX

$BTC HAS ALWAYS CRASHED DURING THE AUGUST–SEPTEMBER PERIOD OF U.S. MIDTERM YEARS.

Literally always, no exceptions.

It begins tomorrow.

Bitcoin ETFs Draw $32 Million as BlackRock Leads Inflows

U.S. spot Bitcoin ETFs recorded net inflows of USD 32.11 million on July 29, according to SoSoValue, with BlackRock’s IBIT attracting USD 89.83 million as outflows from other funds offset part of the gain. Among spot Ethereum ETFs, Morgan Stanley’s newly launched Ethereum Trust (MSSE) posted the largest inflow at USD 14.30 million. $BITCOIN $BTC #Write2Earn

UPDATE: $ATOM

$ATOM is trading around 1.281 and pressing right into the lower support of a long term descending channel that's been in play since the December highs near 2.68. Price just broke sharply below 1.36, and this test of the channel floor near 1.25 to 1.28 is a critical decision point on the daily chart.

Holding this zone and reclaiming 1.36 to 1.42 opens the door back toward 1.48 and 1.54 next. Losing 1.25 breaks the channel to the downside and exposes fresh lows below.
#FutureTarding

THIS #BITCOIN PATTERN NEVER FAILED!!!
$BITCOIN $BTC
#bitcoin

AI is now tackling problems that used to seem almost impossible, and blockchain has grown into something way more powerful than what we started with.Yet many people still believe that the biggest challenge to bringing Bitcoin into DeFi is simply building better bridges. In reality, the issue isn’t the bridge itself it’s how Bitcoin can verify an event that happened outside its own blockchain without trusting anyone.That’s why many people still haven’t fully understood the real value of Trustless Bitcoin Vaults (TBV). @BabylonLabs_io $BABY #baby

The goal of TBV is to let people use their native BTC in DeFi without having to sell it or convert it into a wrapped token. But to make that possible, Bitcoin must be able to verify that off-chain conditions have actually been met.One of the earliest approaches was HTLC (Hash Time-Locked Contracts).It works by needing someone to reveal a secret after a certain event happens. But if the other party just decides not to reveal that secret, the whole process can get stuck.This is the well-known free-option problem that has affected atomic swaps for years. While the system is secure, it still depends on the other party’s cooperation.On the other hand, EOTS, used in Babylon’s Bitcoin Staking, is another clever solution.If a validator double-signs, the secret key can be extracted and the validator’s BTC can be slashed.However, this mechanism is designed specifically for double-signing and cannot easily handle broader DeFi scenarios such as lending, liquidation, or other conditional transactions.

This is why concepts like BitVM3 are attracting so much attention. If Bitcoin can verify off-chain conditions using cryptographic proofs without relying on any participant to cooperate Trustless Bitcoin Vaults could unlock a safer and truly trust-minimized way for native BTC to participate in DeFi. @BabylonLabs_io $BABY #baby

Hey traders, what do you think? Will this trade hit my TP or my SL? 📈📉

Symbol- BTCUST Perp

Entry Price (USDT)-64,015.00
TP Price (USDT)-63470.00
SL Price (USDT)-64250.00

Lavrage Short 148x

A few years ago, holding Bitcoin came with one frustrating problem.I could keep my BTC safely in my wallet, but if I ever needed cash for another opportunity, my only real choice was to sell it. And if I didn’t want to sell, I had to trust someone else with my Bitcoin.

Imagine Devil owns 1 BTC. A new investment opportunity comes up, and he needs some USDC. He believes Bitcoin will be worth much more in the future, so selling isn’t something he wants to do.In the past, his options weren’t great.He could use a lending service, but that usually meant giving custody of his Bitcoin to someone else and trusting that he’d get it back after repaying the loan. Or he could move his BTC to another blockchain and turn it into Wrapped BTC, which meant depending on bridges and other systems.#baby

Neither option really felt like Bitcoin.After all, Bitcoin has always been about one simple idea: “Don’t Trust, Verify.Thankfully, things are changing.That’s where Trustless Bitcoin Vaults (TBV) come in.Instead of selling Bitcoin or wrapping it, Devil can use his native BTC as collateral to access liquidity while keeping his Bitcoin in its original form.

The rules aren’t based on promises or trust. They’re enforced by cryptography and smart contracts.If he repays the loan on time, his Bitcoin is released back to him. If he doesn’t, the agreed rules are carried outautomatically. Everyone already knows the outcome before the loan even begins.No middleman making decisions.No relying on someone’s word.Just transparent rules that everyone can verify.What I find most interesting isn’t just the ability to borrow against Bitcoin. It’s the fact that Bitcoin can finally be useful in DeFi without losing what makes it Bitcoin in the first place. @BabylonLabs_io $BABY #baby

For me, that’s a meaningful step forward.
I’m looking forward to trying the Babylon Loan Public Test and seeing how it works in a real-world experience.What do you think? Would you rather use your Bitcoin this way instead of selling or wrapping it? Let me know your thoughts in the comments.

You can clearly see how big players manipulate retail investors’ emotions just by looking at these four or five candles.

MARKET UPDATE: $IMX

$IMX is trading around 0.1253 and grinding lower inside the descending channel that's ruled the chart since early July. Price is sitting in the lower half of the range, with the channel support down near 0.1228 and the upper trendline capping every bounce around 0.127 on the 6H chart.

Holding above 0.1228 keeps a bounce in play and a push through 0.127 breaks the channel to open the door toward 0.130 and 0.132 next. Losing the channel floor near 0.1228 confirms continuation and exposes fresh lows below.$IMX

Many people hear “BABY token” and just think of price charts. But if you dig a little deeper, you’ll see why this token actually matters for the whole Babylon Genesis network. @BabylonLabs_io $BABY #baby

BABY is the native token of Babylon Genesis. It keeps the chain alive in three practical ways. First, every transaction and smart contract needs gas, and that gas is paid in BABY. Without it, nothing moves. Second, people stake BABY (alongside Bitcoin) to help secure the network. Validators and delegators put their tokens on the line so the chain stays honest and decentralized. Third, holders get a real say in the future of the protocol through governance votes. Protocol upgrades, parameter changes, and key decisions all depend on BABY.

It’s easy to treat native tokens as just another thing to trade. In reality, BABY is more like the fuel, the security deposit, and the voting card of the entire ecosystem rolled into one. Remove it and the chain loses its ability to process transactions, protect itself, and evolve through community decisions.
That’s why understanding BABY’s role is more useful than only watching its price. Utility is what actually makes a token matter over time not the short-term hype.
Which of these three do you think will matter the most as the network keeps growing: gas fees, staking security, or governance power?

@BabylonLabs_io $BABY #baby

CZ: I Underestimated Stablecoins While Running Binance

Binance founder Changpeng Zhao (CZ) cz_binance said in a July 16 interview with Talking Tokens Podcast that he had, in some ways, "missed stablecoins" while running Binance and never expected the market to grow as large as it has. At the time, he viewed stablecoins as a temporary patch technology mainly used to facilitate transactions between crypto exchanges. Since stepping down as Binance CEO, he has begun looking at the industry more broadly, including AI, biotech, RWAs, and asset tokenization.@CZ $BNB $BTC

U.S. Spot Bitcoin and Ethereum ETFs Record Net Outflows on July 24 👉According to SoSoValue data, spot Bitcoin ETFs recorded total net outflows of $240 million on July 24 (ET). Spot Ethereum ETFs saw total net outflows of $70.62 million on the same day, ending a five-day streak of net inflows.$ETH

Hong Kong’s Largest Retail Brokerage Futu Launches BNB Order-Book Trading

Futu has launched BNB order-book trading services, currently available only to Hong Kong-qualified Professional Investors. The company said it is the first licensed Hong Kong brokerage to offer BNB order-book trading pairs with real-time trading data.$BNB

For a long time, most people have seen Bitcoin as something you simply buy and hold. It’s great for storing value, but that also raises an important question: Can Bitcoin do more? Can it be used in DeFi, staking, and other on-chain activities without giving up its security or wrapping it into another token?

That’s where Babylon Genesis comes in.
Babylon Genesis is the first Layer-1 blockchain secured by Bitcoin. It connects Bitcoin Staking, liquidity, governance, and DeFi in one ecosystem, opening new ways for Bitcoin to be used while keeping its security at the center. @BabylonLabs_io $BABY #baby

What makes Babylon Genesis interesting is its approach. Instead of changing what Bitcoin is, it builds on Bitcoin’s existing security and allows BTC to become more than just an asset sitting in a wallet. It gives Bitcoin a chance to play a more active role in the growing BTCFi ecosystem while staying true to its strongest advantage—security.
Users don’t have to compromise Bitcoin’s core security, yet they gain access to a much broader range of financial opportunities.

This means BTCFi is no longer just a concept. Babylon Genesis unlocks new possibilities for Bitcoin by enabling secure participation in DeFi, improving cross-chain liquidity, and supporting decentralized governance on a Bitcoin-secured foundation.

Many people assume Babylon Genesis is simply another blockchain. In reality, its goal is much bigger. Rather than creating just another token ecosystem, it seeks to make Bitcoin the security layer for the next generation of decentralized finance.

If BTCFi continues to grow over the coming years, Babylon Genesis is well positioned to become one of its foundational pillars. Its greatest contribution is not changing Bitcoin’s value, but expanding what Bitcoin can actually do. @BabylonLabs_io $BABY #baby

Do you think Bitcoin’s future is limited to being digital gold, or will solutions like Babylon Genesis transform it into the foundation of global financial infrastructure?

1 Bitcoin Mining Pool Poolin Files for Chapter 11 Poolin and two U.S. affiliates have filed for Chapter 11 bankruptcy protection in New Jersey and plan to sell two West Texas mining sites with a combined opening bid of USD 52 million. Court filings show approximately USD 173.1 million in debt, including USD 163.7 million in IOUs issued to Poolin Wallet customers after withdrawals were suspended in 2022; creditor recoveries will depend on the auction outcome and court approval. Founded in 2017, Poolin briefly ranked as the world’s largest Bitcoin mining pool in 2019.$BTC

What makes Bitcoin truly valuable? Is it only its price, or should it also be able to work as productive collateral without giving up self-custody? @BabylonLabs_io #baby

That’s why Trustless Bitcoin Vaults (TBV) caught my attention. For years, using Bitcoin in DeFi has usually required wrapping BTC, relying on bridges, or trusting custodians. While these methods unlock liquidity, they also introduce additional trust assumptions and complexity. TBV takes a different approach by enabling native Bitcoin to be used as collateral without those trade-offs.

The first implementation is native Bitcoin-backed borrowing with Aave v4. The concept is straightforward: lock your BTC on the Bitcoin network, use it as collateral, borrow supported stablecoins, then repay and withdraw your Bitcoin. No wrapped BTC, no bridge, and no centralized intermediary holding your assets. It preserves the principle of self-custody while expanding what Bitcoin can do in on-chain finance.

To me, the most interesting part isn’t just borrowing it’s the broader vision of making Bitcoin a more productive asset. If native BTC can securely serve as trustless collateral, it could support lending, stablecoins, credit markets, and many other financial applications without compromising Bitcoin’s core principles. That represents a meaningful step toward bringing Bitcoin into the wider DeFi ecosystem while keeping it native.

I’m planning to explore the public testnet and share feedback because real user experience is what ultimately determines whether new infrastructure delivers on its promises.

Do you think Bitcoin’s next major evolution will come from price appreciation, or from expanding its real-world utility as native collateral? @BabylonLabs_io $BABY #baby $RIF $BANK

Verus–Ethereum Bridge Suffers Second Exploit in Two Months, $7.54M Drained

Blockaid detected a new exploit targeting the Verus–Ethereum Bridge, with an attacker abusing the bridge’s import path to trigger unbacked Ethereum-side payouts and drain approximately $7.54 million in ETH, tBTC, USDC, USDT, EURC, MKR and scrvUSD. The stolen assets were subsequently converted into ETH.

Blockaid said the latest attack involved the same bridge contract, entry path and vulnerability class as the approximately $11.5 million exploit in May, but was carried out by a different attacker using a new wallet. During the previous incident on May 18, the stolen assets were converted into approximately 5,402.4 ETH. The attacker later returned 4,052.4 ETH after retaining a 25% white-hat bounty, and the returned funds were redeposited into the bridge on July 8.

According to SoSoValue, U.S. spot Bitcoin ETFs recorded total net inflows of USD 68.99 million on July 23, led by BlackRock’s IBIT with USD 38.78 million. Spot Ethereum ETFs drew USD 72.64 million, with BlackRock’s ETHA posting the largest single-day inflow at USD 53.47 million. BlackRock is the world’s largest asset manager and operates the largest U.S. spot Bitcoin ETF by assets.$BTC
$VELODROME

Senate Democrats say they oppose the latest Crypto Clarity Act draft, but they’re still working with Republicans to push the legislation across the finish line.

This signals that the debate isn’t about whether crypto regulation is needed it’s about how it should be written. Bipartisan negotiations continuing despite public opposition suggest both parties recognize the importance of establishing clearer rules for the digital asset industry.

If lawmakers reach common ground, the bill could provide much-needed regulatory clarity for exchanges, developers, investors, and the broader crypto market.

Will the final version satisfy both innovation and investor protection, or will political differences delay progress again? 🤔