Bitcoin-native | Crypto

The events platform embeds Bitcoin Lightning wallets into each event, allowing organizers to issue tickets and accept BTC alongside fiat payments. Satlantis has launched as a Bitcoin-native events and ticketing platform that embeds Lightning wallets directly into user accounts and events, allowing organizers to issue tickets and receive payments in Bitcoin without relying solely on traditional payment processors. According to an announcement shared with Cointelegraph, the platform functions similarly to services like Luma and Eventbrite, offering ticket tiers, attendee management and event pages, but automatically generates a unique Bitcoin (BTC) wallet for each event to facilitate direct payments and withdrawals. Satlantis also integrates with Stripe to process fiat payments and said it plans to add stablecoin support, allowing organizers to accept Bitcoin, traditional currency or both through a single dashboard. Read more

The investment was made through the purchase of BABY tokens to support the development of Babylon’s trustless Bitcoin collateral infrastructure. Babylon, a decentralized protocol focused on enabling native Bitcoin staking and lending, received $15 million in funding from a16z Crypto through the sale of Babylon's native BABY (BABY) tokens to the digital asset arm of Andreessen Horowitz. In a blog post published Wednesday, a16z Crypto said the funding will support continued development of the protocol’s Bitcoin-native infrastructure. “Bitcoin’s limited programmability” has left large amounts of Bitcoin (BTC) sitting idle, the blog reads, arguing that enabling its use as collateral could unlock a major source of onchain capital and allow BTC to function as a productive asset within decentralized finance (DeFi). Read more