Browsing: Bitcoin DeFi insurance

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Bitcoin DeFi insurance represents a revolutionary step in the decentralized finance landscape, particularly with the recent collaboration between Babylon, a leading Bitcoin staking platform, and Aave, a prominent decentralized lending protocol.This partnership not only facilitates Bitcoin (BTC) holders to use their unwrapped BTC as collateral for lending but also pioneers a new insurance model that enhances the security of investments in DeFi.