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Ether prices fell to $3,994 during Thursday morning trading in Asia, its lowest level since early August.The asset was trading marginally above $4,000 at the time of writing, after shedding another 3.3% on the day. ETH is currently down 19% from its all-time high, and most of those losses have come …
This week showed once again how politics, finance, and crypto are now fully intertwined.Missed the action? If you need a catch-up, we’ve pulled together the highlights you should know.#1 Creators Cash In on Tragedy With Charlie Kirk-Themed CoinsThe assassination of Charlie Kirk on September 10 shock…
S&P Global has given USDS issuer Sky Protocol a "B-" credit rating. This marks the first time the ratings agency has issued a credit rating for a stablecoin system, according to Sky.According to S&P's official website, a B rating refers to being more vulnerable to adverse business, financial and eco…
Dai will host an industry gathering in Cannes, on June 30th, bringing together the Sky team, Stars and other participants from the decentralised finance sector.DAI InfoMakerDAO is a key player in the Decentralized Finance (DeFi) sphere, featuring a stablecoin, DAI, which is collateralized by cryptoc…
Miden, a zero-knowledge rollup project originally developed under Polygon Labs, has spun out as an independent entity and raised $25 million in seed funding for its new privacy-focused blockchain, Edge.The seed round was co-led by a16z crypto, 1kx and Hack VC, with participation from Finality Capita…
Decentralized lending protocol Maple Finance has received a $25 million allocation from the Sky ecosystem as it looks to continue expanding deeper into the real-world asset space. The capital comes from the Sky stablecoin and lending protocol (formerly known as MakerDAO) and Spark subDAO.“This capit…
An Ether whale who had held 10,000 Ether for the last 900 days has sold their entire stash and missed out on a peak profit of $27.6 million when the cryptocurrency was worth over $4,000. The whale initially bought a total of 10,000 Ether across two transactions in October and November 2022 for $13 …
Maple will host a community call on X on March 27th at 5:00 PM UTC to discuss its recent integration with Morpho Labs, the Sky and Spark SyrupUSDC allocation proposal, and its recent Total Value Locked (TVL) growth. Refer to the official tweet by MPL: Join us Thursday 27th of March at 1PM ET to take…
Ether price reclaimed the $2,000 support on March 24 but remains 18% below the $2,500 level seen three weeks ago. Data shows Ether has underperformed the altcoin market by 14% over the past 30 days, leading traders to question whether the altcoin can regain bullish momentum and which factors might …
The project transitioned to the Sky brand identity on Sept. 18, but community members expressed confusion.
Rune Christensen, founder of Sky (formerly MakerDAO), has proposed a strictly deflationary approach to the protocol’s governance token as the community prepares to vote on whether to revert its brand or not on Nov. 11. Christensen explained that the proposed changes would affect the governance token…
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. Makerdao…