According to Odaily Planet Daily, Bitcoin staking protocol Babylon announced that its Bitcoin staking testnet Testnet-4 has been launched. The testnet will be open to participants such as Bitcoin holders, validator teams, wallet providers, custodians, and liquidity (re)staking protocols. The Babylon staking protocol can achieve self-custody Bitcoin staking without bridging or encapsulation, ensuring end-to-end security and supporting fast unstaking.

More than 70 Finality Providers have joined the testnet, including P2P.org, Allnodes, Everstake, InfStones Global, Luganodes, Figment Capital, Chorus One, Stakin, Blockdaemon, etc.