Trustless, with caveats: Babylon’s big Bitcoin DeFi claim

Babylon Labs says it has built a system using BitVM3 that allows native Bitcoin to be used as trustless collateral for borrowing on Ethereum, but its trustless design raises questions. source: https://cointelegraph.com/news/trustless-with-caveats-babylon-s-big-bitcoin-defi-claim?utm_source=rss_feed&utm_medium=rss%3F_%3D1760623495441%26__%3D1760623495441%26_rnd%3Dwdbhmx%26nc%3D1760623495441&utm_campaign=rss_partner_inbound