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BlockBeats news, on January 7th, according to official sources, BTC staking protocol Babylon announced the launch of the second phase Testnet on January 8th. The second phase Block production will start at 9 a.m. UTC, and the Staking network application will go live at 10 a.m. UTC. Stakeholders from the first phase Testnet will have the opportunity to register their stake into the second phase Testnet Babylon chain.