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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....

Mass Liquidations Impact Over 100,000 Traders Amid Crypto Market Downturn

3.10.2024
Bitcoin’s price briefly dipped to an intraday low of $59,860 shortly after 9 a.m. EDT on Oct. 3, 2024. As of 1 p.m., the cryptocurrency is trading above the $60,000 mark, though it continues to face challenges in maintaining this key psychological level. Crypto Market Sell-Off Drives Traders...

The Proliferation and Problem of the ✨ Sparkles ✨ Icon

3.10.2024
Kate Kaplan hits on something over at Nielsen Norman Group’s blog that’s been bugging me: The challenge with this icon is sparkle ambiguity: Participants in our recent research study generally agreed that it represented something a little special … The Proliferation...

EigenLayer's Token Launch Draws Scrutiny Over Supply Concerns

2.10.2024
In some ways, the release of EigenLayer's native EIGEN token this week was as expected; price rapidly rose moments after it was listed on exchanges, leading to a period of price discovery that culminated in a 22% slide from it's momentary record high. But there appears to be a storm brewing behind...

Crypto Billionaire Flees London Over Offshore Tax Concerns

1.10.2024
Christian Angermayer, a billionaire crypto investor, has reportedly moved from London to Switzerland as the UK considers tightening tax policies on offshore wealth. Angermayer’s relocation signals the potential departure of other wealthy individuals fearing future tax hikes on non-domiciled...

Epic Fires Off Fresh Lawsuits Over What A Pain It Is To Download Fortnite

30.9.2024
Epic, the company behind the Unreal Engine and infinite money machine Fortnite, are yet again suing Google. Having recently won against Google in an anti-competitive practices suit, the games company is doing it all over again, this time dragging in Samsung in a suit over the way their tech...

CFTC Sues Over $3.6M Digital Asset Fraud Targeting Asian Americans

29.9.2024
The U.S. Commodity Futures Trading Commission (CFTC) has initiated legal action against a fake trading platform and its associates for defrauding investors out of $3.6 million. The scheme, which targeted Asian Americans, involved soliciting funds in fiat and digital assets, with false promises...

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