Bitcoin (BTC), known as a store of value and the most prominent cryptocurrency, is evolving into a more dynamic financial asset. With the advent of Babylon, BTC holders now have an opportunity to stake their assets to earn rewards while bolstering the security of Proof-of-Stake (PoS) blockchain networks.

In collaboration with Bitrue, Babylon offers an innovative platform for BTC staking, allowing users to unlock the potential of their digital assets. Let’s dive into the key aspects of this partnership, how it works, and why it’s generating buzz in the crypto world.

Staking BTC on Babylon via Bitrue

Bitrue and Babylon enable users to stake Bitcoin seamlessly through a recently announced partnership. This collaboration enhances Babylon’s adoption and provides Bitrue users with easy access to Bitcoin staking and its associated benefits.

Benefits of Staking BTC on Bitrue

There are many benefits of staking BTC on Bitrue, such as:

1. Maximum Yield Results: Earn competitive returns by participating in BTC staking.

2. Safe and Measurable Restaking: A transparent and secure process for reaping rewards.

3. Fast Unbonding: Quick withdrawal of your staked BTC when needed.

4. Daily Rewards: Earn Babylon points and staking rewards directly through Bitrue.

These features make Babylon’s platform user-friendly while providing tangible incentives for staking participation.

Key Advantages of BTC Staking

Staking BTC on Bitrue via Babylon brings two notable rewards:

1. Babylon Points

Babylon points are distributed daily based on the amount of BTC staked by users about the total staking pool. The calculation accounts for factors such as:

– On-chain staking successes or failures.

– Quota returns.

– Commission payments to finality providers.

To track their earnings and optimize staking strategies, participants can monitor their Babylon points through Bitrue’s “My Holdings” section.

2. Flexible Interest Rates

Users can enjoy an Annual Percentage Rate (APR) that starts at 1.3% and increases up to 2.3% through Bitrue’s Flexible Income feature. This flexible interest model incentivizes user participation, with APR increments based on successful referrals:

1 Invite: APR increases to 1.46%.

2 Invites: APR grows to 1.63%.

3 Invites: APR reaches 1.83%.

4 Invites: APR climbs to 2.05%.

5 Invites: Unlocks the maximum APR of 2.3%.

By inviting friends and expanding the Bitrue user base, participants can maximize their earning potential during the promotional period.

What is Babylon?

Babylon is a cutting-edge protocol designed to convert Bitcoin into a productive asset by integrating it into the PoS ecosystem. This transformation supports the security of PoS networks while allowing BTC holders to earn staking rewards.

By leveraging advanced cryptographic techniques and self-custody mechanisms, Babylon ensures users retain full control of their funds during staking.

Core Features of Babylon

Some of the key features of Babylon are:

1. Unmediated Operations: Completely permissionless and decentralized, Babylon removes intermediaries from the staking process.

2. Bitcoin Script Compatibility: Utilizes Bitcoin scripts to enable staking and slashing mechanisms.

3. Economic Stability: Strengthens PoS networks while providing financial incentives to users.

Babylon’s innovative approach is reshaping how Bitcoin operates within the broader blockchain landscape.

Meet the Babylon Team

Babylon’s team includes experts from academia, engineering, and business sectors, such as:

1. David Tse (Co-Founder): Stanford University professor leading algorithm development.

2. Mingchao Yu (CTO): Oversees technical aspects and protocol efficiency.

3. Xinshu Dong (Chief Strategy Officer): Focuses on partnerships and market opportunities.

4. Adam Ettinger (Chief Legal Officer): Ensures compliance with crypto regulations.

The team’s diverse expertise ensures the protocol’s reliability, security, and growth in the blockchain ecosystem.

Babylon Ecosystem and Strategic Partners

Babylon collaborates with over 87 strategic partners, including DeFi platforms, digital wallets, custodians, and the Cosmos ecosystem. These partnerships enable seamless integration between Bitcoin and PoS networks, expanding Babylon’s reach and utility.

For instance:

1. Integration with Cosmos enhances interoperability for Bitcoin staking across multiple blockchains.

2. Support from digital wallets ensures security and accessibility for users.

Babylon’s network is pivotal in bridging Bitcoin’s potential with the DeFi world.

Security and Future Potential

Babylon employs robust security measures, including a decentralized sequencing system and advanced time-stamping protocols, to create a secure staking environment. As adoption grows, its security features inspire confidence among users.

The $1.5 Trillion Opportunity

Babylon has already achieved significant milestones, with 24,000 BTC (~$1.5 billion) staked in its second round. This reflects the untapped potential of Bitcoin staking in DeFi. With a secure protocol, Babylon aims to activate dormant Bitcoin reserves, increasing market liquidity and furthering Bitcoin’s integration into decentralized finance.

How to Get Started

Starting December 10, 2024, at 11 AM UTC, you can begin staking BTC via Bitrue. Follow these steps:

1. Ensure you have Bitcoin in your Bitrue account.

2. Visit the staking section on the Bitrue platform for a detailed guide.

3. Study the risks involved and proceed confidently.

Conclusion

Babylon’s partnership with Bitrue marks a turning point in Bitcoin’s journey from a passive store of value to a dynamic, profit-generating asset. By offering secure and efficient staking solutions, Babylon empowers BTC holders to participate in the evolving DeFi ecosystem.

Whether you’re an experienced crypto enthusiast or new to staking, this innovative platform provides an accessible way to grow your assets while contributing to blockchain security.

About Bitrue

Bitrue is a leading cryptocurrency exchange, offering a wide range of digital assets, innovative features, and user-focused services. Founded with the mission to empower the world’s crypto enthusiasts, Bitrue continues to expand its platform with new products, events, and opportunities for users worldwide.

This press release has also been published on VRITIMES

[Hanoi, Vietnam] – Global Food Partners (GFP) has partneredwith Nguyen Gia Livestock Production Cooperative, led by Mr.Nguyen Huu Tue, one of North Vietnam’s largest egg producers, to spearhead the country’s largest transition from caged to cage-free egg production. With a flock of approximately 50,000laying hens, the Cooperative will achieve 100% cage-free operations in 2025 through GFP’s technical expertise and Impact Incentives program. This groundbreaking initiative not only supports Vietnam’s growing demand for responsibly sourced eggs but also empowers local producers to meet the 2025 cage-free commitments of food and hospitality businesses across the region.

At a signing ceremony on 8 December 2024 in Hung Yen Province, stakeholders from across the food industry, local producers, and community leaders gathered to celebrate this partnership. The collaboration offers two solutions for food businesses looking to achieve cage-free commitments:

1.Direct Cage-Free Sourcing: Companies can purchase certified, physical cage-free eggs directly from Nguyen Gia Livestock Production Cooperative.2.Impact Incentives Program: Businesses can also meet their cage-free commitments by purchasing Impact Incentives—cage-free credits that directly support Mr. NguyenHuuTue’s cage-free production andtransition.

About Impact IncentivesGFP’s Impact Incentives program, the world’s first egg credit trading scheme, provides a flexible, cost-effective solution to sourcing challenges while driving sustainable change. By purchasing these credits, food companies can offset gaps in their supply chains, ensuring their cage-free commitments are met by December 2025.

For producers like Nguyen Gia Livestock Production Cooperative, Impact Incentives generate a premium income that funds the transition to cage-free systems, covers ongoing costs, and supports further expansion to meet increasing demand. This model empowers both corporates and farmers to achieve their sustainability and business goals collaboratively.

Technical Support and Capacity BuildingAs part of the partnership, GFP’s Science and Extension teamprovides tailored technical training and guidance, enabling Nguyen Gia Livestock Production Cooperative to adopt high-welfare farming practices, retrofit existing facilities, implement effective cage-free management, and achieve international welfare certification. With GFP’s support, the farm is on track to transition fully to cage-free operations in 2025, ensuring it can meet the needs of food and hospitality companies while improving long-term productivity and profitability.

Quotes from the EventElissa Lane, CEO of Global Food Partners, stated:“We applaud the Nguyen Gia Livestock Production Cooperative for its commitment and leadership in cage-free production. Our Impact Incentives program drives the transition from caged to cage-free production and enables food businesses to meet their cage-free commitments on time in Vietnam and across Asia. By partnering with Mr. Tue and his team, we’re demonstrating how local producers can achieve profitable, high welfare, cage-free systems and support the transition to cage-free supply chains in Vietnam.”

Mr. Nguyen Huu Tue, owner of Nguyen Gia Livestock Production Cooperative, added:“With GFP’s training and support, I’m confident in our ability to meet the rising demand for cage-free eggs, ensuring a better future for my farm and the local community. This partnershipand my participation in GFP’s Impact Incentives programenable me to transition away from cages, enhance animal welfare, expand our operations, and contribute to a more sustainable and responsible food system in Vietnam.”

Driving Corporate Solutions Across AsiaThis partnership is part of GFP’s broader mission to establish a sustainable, cage-free ecosystem across Asia. The Impact Incentives program and GFP’s technical expertise help food businesses overcome sourcing challenges, meet their commitments, and drive impact across their supply chains.

About Global Food Partners Consulting Pte Ltd

Global Food Partners (GFP) is a Singapore-based consulting company dedicated to helping food and hospitality businesses achieve cage-free sourcing, and egg producers to implement and optimise cage-free production practices. GFP operates across Asia, including in China, Indonesia, Japan, Philippines, Singapore, Thailand, Malaysia, and India. For more information, visit www.globalfoodpartners.com

This press release has also been published on VRITIMES

Karaoke Manekineko is lighting up the holiday season with two exclusive packages to ensure your Christmas celebrations are unforgettable. Whether you’re planning a cozy gathering or a lively party, these packages offer something for everyone!

Christmas Package

Perfect for family gatherings or a fun time with friends, the Christmas Package includes:

– 3 Hours of Singing Session: Enjoy a private karaoke experience filled with your favorite tunes.

– Free-Flow Drinks and Tidbits: Unlimited refreshments and light snacks to keep the energy high.

– Delicious Snack Choices: Pick from a variety of mouthwatering options, including: Nachos Cheesy Popcorn, Takoyaki Balls, Chicken Nuggets and Fries

The number of servings increases with group size, ensuring plenty of treats for everyone:

2 pax: RM 78++

4 pax: RM 158++

6 pax: RM 238++

8 pax: RM 318++

10 pax: RM 398++

Christmas Beer Package

For those looking to add a lively twist to their celebrations, the Christmas Beer Package includes:

– 3 Hours of Singing Session: Sing to your heart’s content in a festive and cheerful atmosphere.

– Free-Flow Drinks and Tidbits: Stay refreshed and enjoy light snacks throughout the session.

– Premium Beer Options: Choose from Carlsberg or Royal Stout beers, with quantities increasing for larger groups.

– Tasty Snack Choices: Select from the same delicious options as the Christmas Package.

This package is priced as follows:

2 pax: RM 158++

4 pax: RM 318++

6 pax: RM 468++

8 pax: RM 628++

10 pax: RM 788++

Note: The Christmas Beer Package is available at all outlets except the Central i-City outlet.

Additional Details

Both packages are available all day, offering flexible timing for your celebrations.

Prices exclude an additional 8% SST and 10% service charge.

These packages are not eligible for membership birthday promotions, discount vouchers, or any other promotional offers.

Celebrate this holiday season with music, laughter, and delicious food at Karaoke Manekineko. Book your Christmas Package or Christmas Beer Package now, and let the festivities begin!

About Koshidaka International KL Sdn Bhd

Koshidaka International was incorporated in 2021 at Kuala Lumpur, Malaysia as a full subsidiary of Koshidaka Holdings. The company serves as a management consultancy arm for the Karaoke Manekineko operations in Malaysia, Thailand, and Indonesia. Karaoke Manekineko is a friendly and safe environment for Karaoke that is designed to accommodate a diverse range of customers, from families with young children to groups of friends and corporate teams.

This press release has also been published on VRITIMES

This year marks a milestone for P.A. Alvarez Properties and Development Corporation, celebrating 30 years of empowering Filipino families through affordable homes and sustainable communities. Having provided homes for over 30,000 families, P.A. Properties celebrates this anniversary by recognizing the inspiring stories of growth, triumphs, and new beginnings.

P.A. Properties earned multiple distinctions in 2024 for its contributions to Philippine real estate. The company was among the Top 10 Pag-IBIG Fund Accredited Developer in South Luzon and achieved the Highest Conversion Performance among Pag-IBIG Fund developers in the region in 2023.

It also secured the No. 9 spot among Pag-IBIG Accredited Developers in North Luzon for 2023 and continued to excel in 2024, being among the Top 10 Developers in both North Luzon and NCR during the first half of the year.

Additionally, P.A. Properties was recognized as a leading taxpayer, earning a Top 100 Taxpayer position in San Pedro, Laguna, in May 2024 and as one of the Top 200 Corporate Taxpayers in Cabuyao for Fiscal Year 2023. These honors highlight the company’s responsibility as a corporate citizen and its commitment to sustainable growth and community development.

Building With Purpose Through Progressive Partnerships 

Its strategic partnership with Japan’s Hankyu Hanshin Corporation underscores the company’s ambitious future. This collaboration has fueled the recent launch of its sixth community, the Idesia Cabuyao East, in Cabuyao, Laguna. This partnership not only expands P.A. Properties’ footprint but also brings together international expertise in sustainable urban development, enhancing quality and affordability.

“Collaborations with esteemed partners like Hankyu Hanshin Properties Corp. broaden our vision and allow us to innovate at an unprecedented scale,” noted Romarico T. Alvarez, Chairman of the Board.

To build more housing units to help alleviate the country’s housing backlog, P.A. Properties has secured P900 million from the Government Service Insurance System (GSIS) and P300 million from the Philippines National Bank (PNB) to construct affordable homes for Filipinos. During the April 2, 2024, signing at GSIS Head Office, President and General Manager Wick Veloso highlighted the project’s alignment with the Bagong Pilipinas vision of providing homes for all. The funds will support land acquisition and development, aiding efforts to meet the projected demand of 9 million housing units.

Community-Centric and Sustainable Development

In recent years, P.A. Properties expanded into commercial development by launching SanJos Square commercial hubs in Bulacan, San Pedro, and Cabuyao. These community-centered commercial spaces bring essential services closer to home, ensuring convenience and sustainability for residents.

Research and Development for Enhanced Home Solutions

P.A. Properties recently established a dedicated Research and Development (R&D) Group, highlighting its commitment to innovation. This initiative leverages advanced strategies to improve product quality and affordability, enhance customer trust, grow its customer base, and drive long-term revenue.

“We know that to build homes is to build the very fabric of communities,” Atty. Marianne Reyna Lina-Cruz explained. “Our R&D team will keep us on the forefront, ensuring we stay true to our promise of quality, functionality, and affordability for all.”

A legacy of homeownership

P.A. Properties has built more than homes—it has nurtured communities. Maila Damyong, a 31-year-old HR Supervisor, found her dream home at St. Joseph Homes Calamba, impressed by its location and smooth buying process. Brokers like Victor B. Bayais Jr. have been instrumental in helping OFWs invest in homes for their families, turning dreams into reality. The company’s impact also extends to employees like Thess Amante, a 28-year veteran in Accounting, whose supportive work environment helped her achieve both a degree and a home for her family.

Reflecting on these journeys, Atty. Marianne Reyna Lina Cruz, CEO and President, stated: “Our 30th anniversary is a testament to the trust and dedication of our customers, employees, and partners. Our journey is not just about building homes; it’s about fulfilling aspirations.”

Empowering Homeowner Stories: “Kwentong Buhay, Kwentong Bahay”

This year, P.A. Properties also launched “Kwentong Buhay, Kwentong Bahay,” a vlogging contest showcasing the unique stories of its homeowners and buyers. This initiative honors the resilience and dreams that shape the journey to homeownership, highlighting not just homes built but lives transformed. More than a contest, it’s a tribute to fulfilled aspirations and a shared journey toward a brighter future.

“We are celebrating not just a company anniversary, but the stories of hope and resilience that our homeowners bring,” Vice Chairman Jonathan G. Lu said. “Each story speaks to the heart of our mission and the countless dreams that come to life through our homes.”

Looking Ahead: A Vision for the Future

As P.A. Properties progresses, it aims to construct 20,000 additional housing units across key cities and provinces within the next five years. These houses will be designed with affordability, functionality, and sustainability in mind. The company’s dedication to sustainable practices continues with green technologies, such as solar-powered homes, to help reduce environmental impact and promote a healthier future.

“As we look toward the future, sustainability is at the heart of everything we do. We are committed to creating communities that thrive not just today but for future generations. By investing in research and development, expanding our reach, and integrating sustainable practices, P.A. Properties ensures that our legacy in affordable housing continues to evolve, innovate, and lead.”, Atty. Marianne Reyna Lina-Cruz added.

Through its commitment to sustainability, community building, and strategic partnerships, P.A. Properties is positioned to remain a leader in affordable housing, ensuring that more Filipino families achieve their dreams of homeownership.