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DeFi Borrowing Demand Plunges as Crypto Traders Deleverage Amid Market Turmoil
8.4.2025
The total value of borrowings on large DeFi platforms like Aave and Morpho has sharply dropped from the mid-December peak, as investors scrambled to reduce outstanding debt or got liquidated
BlackRock's BUIDL, Superstate and Centrifuge Win Spark's $1B Tokenized Asset Windfall
18.3.2025
Sky, formerly MakerDAO, announced last year its plan to allocate $1 billion of reserve assets in tokenized real-world asset products
Ether Came Dangerously Close to Massive Liquidation. Here Are Some Levels to Watch
4.3.2025
One position worth $126 million was just 4% away from being liquidated
Ether Heads Toward Set of Mammoth $340M On-Chain Liquidations
25.2.2025
ETH needs to drop another 19% to trigger the first liquidation
Sky doubles down on token overhaul: Making MKR unusable, launching subDAOs
19.12.2024
Rune Christensen, the co-founder of Sky, says the ultimate goal is to turn MKR into a wrapper that represents 24,000 SKY
Sky doubles down on token overhaul: Making MKR unusable, launching subDAOs
19.12.2024
Rune Christensen, the co-founder of Sky, says the ultimate goal is to turn MKR into a wrapper that represents 24,000 SKY
Sky faces scrutiny over potential $756M exploit flaw
6.12.2024
Sky’s (formerly MakerDAO) use of externally owned accounts (EOAs) to manage $756 million in USDC reserves raises questions about security and transparency
Juiced USDS Yields Woo Solana Traders to Sky's Stablecoin
20.11.2024
Solana traders are quickly embracing the newest stablecoin to join their decentralized finance (DeFi) fray: USDS, issued by Sky (formerly MakerDAO)
Whale voters squash plan to rebrand DeFi protocol Sky back to Maker
8.11.2024
Just four MKR whales constituted 98% of the voting power in favor of sticking with the Sky rebrand
MakerDAO's Christensen Hopes for 'Firm Decision' as MKR Holders Vote on Sky Brand
5.11.2024
Early polling indicates MKR holders want to keep the SKY brand, though participation in the poll is still low
Sky co-founder proposes no new emissions for core token
4.11.2024
Rune Christensen proposed a deflationary model for Sky, halting token emissions and aligning with MakerDAO’s original supply reduction vision
Sky co-founder proposes no new emissions for core token
4.11.2024
Rune Christensen proposed a deflationary model for Sky, halting token emissions and aligning with MakerDAO’s original supply reduction vision
MakerDAO Contemplates Dropping Sky Brand as Community Debates
23.10.2024
SKY has significantly underperformed the CoinDesk 20 since the re-brand
Sky’s Rune Christensen Reveals Star Allocation Proposal—and Possibly a Return to the Old Maker Name
22.10.2024
Rune Christensen, founder of Makerdao, has outlined a comprehensive plan for the future of the decentralized finance (defi) ecosystem, highlighting the success of the USDS stablecoin and introducing the Star Allocation System Framework. A key aspect of the plan includes a possible transition back...
Sky Endgame: Community to consider a rebrand back to Maker
22.10.2024
Maker rebranded to Sky just two months ago in August as part of its Endgame overhaul, but there has been some resistance.
Sky Reports Over 1 Billion USDS Minted Since August Rebrand
5.10.2024
It’s been approximately 38 days since Makerdao, the decentralized finance (defi) project, rebranded as Sky and launched both the USDS stablecoin and the SKY token. During this time, more than a billion USDS coins have been minted, and 530 million DAI have been converted to the new standard....
Sky Adviser Recommends Halting Wrapped Bitcoin Offboarding
25.9.2024
BA Labs, an adviser to Sky, formerly known as Makerdao, has decided to stop recommending any additional parameter changes regarding the offboarding of wrapped bitcoin (WBTC) collateral. The move follows statements from Bitgo’s CEO Mike Belshe and a vote from Sky community members. Sky Adviser...
Sky Pauses Plan to Offboard Wrapped Bitcoin, After Chat With BitGo's Belshe
25.9.2024
An influential adviser to DeFi lender Sky, formerly known as MakerDAO, now says their concerns have been adequately addressed regarding Tron founder Justin Sun's involvement in the custody of bitcoin backing the WBTC token
DeFi Lender Sky Ratifies Plan to Offboard Wrapped Bitcoin, Due to Sun Concerns
19.9.2024
The matter has been closely followed in crypto markets, since the Sky platform has $200 million of loans collateralized by the token, and since WBTC is one of the biggest cryptocurrencies, with nearly $10 billion outstanding
DeFi Lending Giant Sky Sets Vote to Offload Wrapped Bitcoin as Justin Sun Concerns Linger
13.9.2024
The action could impact $200 million of DeFi loans in the Sky ecosystem should the proposal pass