Odaily Planet Daily News: The cryptocurrency exchange Kraken has launched a Bitcoin staking service through a new integration with Babylon, allowing users to stake their Bitcoin directly, locking it in a native chain custody vault. The staked Bitcoin will then be delegated to the PoS network via Babylon, with rewards paid in the form of BABY tokens. This mechanism operates entirely on-chain, with staking managed by Bitcoin scripts and cryptographic safeguards to prevent malicious activities. Users can cancel their staking at any time, with an unbinding period of about 7 days. (CoinDesk)