PANews June 19 news, according to CoinDesk, the crypto exchange Kraken launched a Bitcoin staking service through a new integration with Babylon, which allows users to directly stake their Bitcoin and lock it in a custodial vault on the native chain. The staked Bitcoin will then be delegated to the PoS network through Babylon, and rewards will be paid in the form of BABY tokens. The mechanism is entirely on-chain, and the stake is managed by Bitcoin scripts and cryptographic safeguards to prevent malicious behavior. Users can cancel the stake at any time, and the unbinding period is about 7 days.