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Defi Giant Makerdao Rebrands as Sky, Introduces USDS Stablecoin and SKY Token
27.8.2024
The decentralized finance (defi) lending platform Makerdao is embracing a new identity, rebranding as Sky, according to co-founder Rune Christensen. Along with the fresh name, the platform will introduce two new assets: a stablecoin dubbed USDS and a governance token named SKY, both slated for...
Maker DeFi lending protocol rebrands to Sky ahead of USDS stablecoin launch
27.8.2024
Maker is also rebranding the world’s largest decentralized stablecoin ahead of the launch of its governance token, SKY
MakerDAO Is Now 'Sky' as $7B Crypto Lender Rolls Out New Stablecoin, Governance Token
27.8.2024
The driving motivation behind the changes was "how to scale DeFi to gigantic size" and grow a decentralized stablecoin, Rune Christensen said in an interview with CoinDesk
Celsius distributes $2.5B to 251,000 creditors amid bankruptcy proceedings
27.8.2024
Over 121,000 Celsius creditors have yet to claim their funds, according to the Celsius bankruptcy administrator.
This Week’s Crypto Winners and Losers: SUN Skyrockets While TON Stumbles
26.8.2024
This week delivered a solid performance for the crypto economy, with several coins posting impressive double-digit gains over the past seven days. Leading the charge was sun token (SUN), which skyrocketed by 187%, claiming the top spot among the week’s best performers. However,...
Trending Meme Coin Base Dawgz Tipped as Next Brett Raises $3 Million in Token Presale That Ends in 2 Days
26.8.2024
Investors are taking notice as Base Dawgz (DAWGZ), a new meme coin on the Base chain, approaches the end of its presale. With only two days left, investors are rushing to take part – with many comparing DAWGZ to the ultra-successful Brett (BRETT) token. The Final Countdown – DAWGZ...
EigenLayer’s EigenDA to support layer-2 native token restaking
26.8.2024
Users will be able to earn restaking yield from layer-2 tokens on EigenDA
EigenLayer’s EigenDA to support layer-2 native token restaking
26.8.2024
Users will be able to earn restaking yield from layer-2 tokens on EigenDA
Wyoming Aims to Launch ‘Dollar-Dependent’ Stablecoin in Q1 2025
26.8.2024
Wyoming plans to launch a dollar-based stablecoin, the Wyoming Stable Token, in Q1 2025. The digital asset aims to provide faster and cheaper transactions for individuals and businesses in the state. Governor Mark Gordon emphasizes the importance of adopting this “dollar-dependent”...
Avalanche Discord Compromised—Fake Token Scammers Strike Again
25.8.2024
Following the hack of the Polygon Discord server, Avalanche’s official X account (@avax) alerted the public that their Discord channel had also been breached. “SECURITY ALERT,” Avalanche announced. “The official Avalanche Discord has been compromised. Please do not interact with any accounts...
Bitcoin’s Reign Unchallenged: Altcoin Season Continues to Fade Into Obscurity
24.8.2024
Market data reveals that bitcoin’s market capitalization now stands at 56%, representing a 47.36% growth since Nov. 2022. Although the crypto markets have been showing positive trends this week, the likelihood of an ‘altcoin season’ remains quite slim. This is evidenced...
Polygon’s Discord channel hacked, team works to regain control
24.8.2024
As the value and popularity of digital assets continue to rise, cybercriminals are also incentivized to exploit any vulnerabilities they can find
Polygon’s Discord channel hacked, team works to regain control
24.8.2024
As the value and popularity of digital assets continue to rise, cybercriminals are incentivized to exploit any vulnerabilities they can find
Polygon’s Discord channel hacked, team works to regain control
24.8.2024
As the value and popularity of digital assets continue to rise, cybercriminals are incentivized to exploit any vulnerabilities they can find
MakerDAO to Offer Optional MKR Conversions for New Governance Token
23.8.2024
Crypto lending platform MakerDAO, the protocol behind the DAI stablecoin, will allow MKR holders to convert their tokens to NewGovToken (NGT) tokens at a ratio of 1:24,000
Clucoin Founder Pleads Guilty to Crypto Fraud, Confesses to Personal Use of Investor Funds
23.8.2024
The founder of cryptocurrency project Clucoin has pled guilty to wire fraud, admitting to diverting $1.14 million in investor funds for personal use, including gambling. Despite promoting the cryptocurrency for charitable causes, Taylor used his social media influence to attract investments, which...
Is it time for Avalanche (AVAX) price to turn bullish?
23.8.2024
Avalanche price gained 16%+ in the last week, but are positive media headlines enough to sustain the AVAX rally?
Tron’s Sun Pump Debut Sparks New Highs in Meme Coin Market
22.8.2024
Since its debut in mid-August, Sun Pump, a Tron-based meme coin generator, has been bustling with action. Data from Dune Analytics reveals that close to 30,000 Sun Pump-issued tokens have been minted to date, with an impressive 7,531 tokens created just this past Wednesday. Tron’s Meme Coin...
Floki DAO Cans $200k Investment In Simon’s CAT Token
22.8.2024
Floki DAO has approved a $200,000 investment in the recently launched Simon’s Cat Token (CAT). This decision highlighted…
Grayscale launches investment fund for AVAX token
22.8.2024
It joins Grayscale's suite of more than 20 crypto investment products