Bitcoin DeFi booms as Core blockchain hits $260M in dual-staked assets

Core, a proof-of-stake blockchain built on Bitcoin, has surpassed $260 million in dual-staked assets as institutional interest in Bitcoin-based decentralized finance (DeFi) continues to grow. Core’s initial contributor, Rich Rines, told Cointelegraph that as of April 7, over 44 million Core tokens have been dual-staked with 3,140 Bitcoin (BTC). At the time of writing, the assets are worth about $260 million.  Core’s dual-staking model lets Bitcoin holders earn higher yields with CORE tokens source: https://cointelegraph.com/news/core-blockchain-institutional-adoption-260-million-dual-staking?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound