HONG KONG, Jan. 17, 2025 (GLOBE NEWSWIRE) — CoinEx Research and ViaBTC Capital have jointly published the 2024 Crypto Annual Report, offering an in-depth analysis of the cryptocurrency market’s remarkable growth, volatility, and innovation througho

Aave’s tokenholder community is mulling a foray into Bitcoin mining in a bid to boost revenues and accelerate adoption of Aave’s stablecoin, according to a proposal in the decentralized finance (DeFi) protocol’s governance forum. The Jan. 15 proposa

Sky (formerly MakerDAO) subsidiary Spark Protocol is integrating Ethena’s USDe synthetic dollar into its “liquidity layer,” the protocols’ teams announced on Tuesday. As part of the partnership, Spark plans to allocate up to $1.1 billion of its balan

Compound Finance is adding Ethena’s stablecoin and Mantle’s liquid staking token (LST) to its decentralized lending and borrowing platform, Mantle told Cointelegraph. On Jan. 8, Compound’s tokenholders voted to add stablecoin USDe and mETH, Mantle’s

For context, Bitcoin returned a yield in average crypto exchange prices of 210% from Nov. 1, 2023, to a historical record high level above $108,000 on Dec. 16, according to data compiled by CoinMarketCap.Compare that to US stocks’ performance over th

This special edition of the Protocol looks back at 2024's groundbreaking developments and forward to what the coming year might bring for blockchain technology.Let’s dive into the milestones, trends, and predictions shaping the next era of crypto.Thi

Decentralized finance (DeFi) protocol Ethena’s stablecoin, USDe, has surpassed Sky’s Dai in total market capitalization, becoming the third-largest stablecoin after Tether’s USDt and USD Coin , according to data from DefiLlama.At less than $6 billi

Sky, a decentralized finance (DeFi) lending and borrowing protocol formerly known as Maker, has officially launched its USDS stablecoin on the Solana blockchain. The implementation of USDS on Solana is made possible through Wormhole’s Native Token Tr

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

Rune Christensen made a big mistake when he pushed the rebrand that saw Maker become Sky, he said Tuesday.

TLDR: MakerDAO considering abandoning Sky rebrand after lukewarm reception SKY token underperformed with only 8% of MKR tokens converted USDS stablecoin launch successful with $1.2B supply and 6.5% savings rate Community shows strong preference for o

Sky co-founder Rune Christensen has proposed that the community either recenter the Maker brand or maintain the momentum of the Sky brand. Since the rebranding was done, MKR has declined by 45% and plunged to its lowest level since September 2023. De

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

BA Labs, an advisor to DeFi lender Sky, says its concerns with Tron founder Justin Sun’s involvement in the custody of the Wrapped Bitcoin token have been addressed and new recommendations will be put to a vote on Oct. 3.

The potential expansion is in the discussion stage after a proposal was floated by Sky (MakerDAO) founder Rune Christensen.

Sky plans to bridge tokens to the Solana network. Weekly distributions of 2 million SKY tokens will incentivize DeFi participation. Continue Reading:Sky Joins Solana, Igniting New Opportunities for DeFi Growth The post Sky Joins Solana, Igniting New

Maker price has been struggling under the weight of declining markets for over six months now. MKR recently broke below the crucial $2,200 mark, setting the stage for its continued downtrend to its current price range of around $1,500. Despite MakerD

KyberSwap has recently integrated the native contracts of SKY and $USDS from the Sky Ecosystem.

According to Sky, DeFi Saver will also provide migration instruments for $MKR and $DAI along with backing $SKY and $USDS.