Cryptocurrency markets saw a general decline with Bitcoin dropping 2.7% to $59,608 and Ethereum falling 5.15% to $1,549. Other major coins like XRP and Dogecoin also declined, while some smaller tokens showed gains. This trend reflects ongoing volatility in the crypto market, impacting investor sentiment and trading activity. Investors should watch for further market movements and potential recovery signals.
The total value locked (TVL) in decentralized finance (DeFi) fell 1.18% to $90.05 billion as of October 16, 2026, down from $91.13 billion a week earlier and 21.25% below the year's peak of $114.36 billion. Ethereum remains dominant with 55.92% of TV...
Babylon Labs has submitted a proposal to Aave's governance forum to allow native Bitcoin to be used as collateral in Aave V4 without wrapping or moving it off the Bitcoin blockchain. The Bitcoin remains in a Taproot UTXO, while a non-transferable ERC...
Babylon Labs submitted a proposal on October 14, 2026, to integrate native Bitcoin as collateral on Aave V4, allowing BTC holders to borrow stablecoins without selling or transferring their coins to other blockchains or custodians. The system uses Ba...
Aave V4 users may soon borrow stablecoins using Bitcoin held natively on the Bitcoin network, thanks to a new proposal by Babylon Labs. Instead of wrapping Bitcoin on Ethereum, users lock BTC in Bitcoin vaults while an Ethereum token represents the l...
Babylon Labs is advancing a plan to enable borrowing on Aave V4 using Bitcoin that remains on the Bitcoin network, avoiding wrapped tokens. Their Trustless Bitcoin Vaults protocol locks BTC in self-custodial Taproot UTXOs, while Aave treats an intern...
