Maker, now Sky, faces backlash over USDS stablecoin’s freeze function
Sky’s USDS stablecoin has a freeze function, raising decentralization concerns. Rune Christensen, Sky’s co-founder, says the freeze function won’t be...
Month: August 2024
Crypto downturn sees BTC touch $58k;Bitcoin Dogs fluctuates
Bitcoin (BTC) touched lows near $58k as cryptocurrencies witnessed a sharp sell-off. 0DOG token tumbled amid Bitcoin’s losses. Bitcoin dived...
Bitcoin dips below $60k again. Is this a buying opportunity for gems like $POODL?
Key takeaways Bitcoin is down 6% in the last 24 hours and trades below the $60k level again. POODL is...
Robinhood Wallet has added support for Solana
Robinhood Wallet now supports Solana tokens, with the self-custody wallet available on iOS and Android. Solana price rose slightly after...
Ethereum falls below $2.6k as whales dump ETH
Ethereum is down more than 5% in the past 24 hours to trade below $2,600 as altcoins show weakness. The...
Ondo Finance launches its permissionless yieldcoin USDY on Arbitrum
Ondo’s USDY yieldcoin is now live on Arbitrum, offering 5.35% APY for non-US investors. USDY integrated with Camelot and Dolomite...
TOKEN2049 Singapore exhibition space sold out, very limited delegate tickets remaining
Exhibition space sold out a record month ahead of the world’s largest crypto event Speaker highlights include Binance CEO Richard...
Maker Protocol rebrands to Sky, Dai stablecoin rebranded to USDS
Maker Protocol rebrands to Sky, renaming Dai stablecoin as Sky Dollar (USDS). MKR governance token upgraded to Sky (SKY) with...
Xapo Bank partners with Hilbert Group to launch $200m Bitcoin hedge fund
Xapo Bank and Hilbert Group will launch a Bitcoin-denominated hedge fund. The BTC fund will receive an initial investment of...
Aave Labs proposes to integrate BlackRock’s BUIDL into GHO Stability Module
Aave Labs proposes integrating BlackRock’s BUIDL with the GHO Stability Module. The update aims to enhance capital efficiency and expand...
