BingX Labs has reached a strategic cooperation with the Bitcoin staking protocol Babylon, investing $5.3 million to promote innovation and security in the blockchain field. BingX Labs stated that this collaboration is a key step toward unlocking higher security and accessibility in blockchain. 💡

Babylon, founded by Professor David Tse from Stanford University, is a layer 1 blockchain project aimed at providing Bitcoin-level security for all PoS blockchains without additional energy consumption. The team consists of researchers from Stanford University and experienced developers dedicated to bringing breakthrough advancements in the blockchain field. 🔗

This cooperation marks another advancement in the blockchain industry's security and innovation. 🌐