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Babylon saw $1.26 billion in Bitcoin unstaked, triggering a sharp drop in TVL and a 9.8% decline in its native token, BABY. Lombard Finance reassured investors that the unstaking was part of a planned transition.
The post $1.26 Billion Bitcoin Unstaking Slashes Babylon’s TVL and BABY Token Value appeared first on BeInCrypto…
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$1.26 Billion Bitcoin Unstaking Slashes Babylon’s TVL and BABY Token Value
Babylon saw $1.26 billion in Bitcoin unstaked, triggering a sharp drop in TVL and a 9.8% decline in its native token, BABY. Lombard Finance reassured investors that the unstaking was part of a planned transition. The post $1.26 Billion Bitcoin Unstaking Slashes Babylon’s TVL and BABY Token Value appeared first on BeInCrypto…