
MakerDAO Rebrands to Sky: New Tokens USDS and SKY Unveiled in Major Overhaul
TL;DR MakerDAO is transforming into Sky and will launch new tokens, USDS and SKY, on September 18, 2024, as part of the “Endgame Plan.” USDS will
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TL;DR MakerDAO is transforming into Sky and will launch new tokens, USDS and SKY, on September 18, 2024, as part of the “Endgame Plan.” USDS will
TL;DR Hilbert Group and Xapo Bank have launched a Bitcoin-denominated hedge fund with an initial investment of over $200 million, set to begin in September 2024.
TL;DR Terraform Labs (TFL) will begin to close its operations and management of the Terra blockchain will become a community-based process. Proposal 4818 will be the
TL;DR Base L2 reaches 1 million daily active addresses and registers 200,000 new basenames in one week. Daily transactions on Base exceed 4 million; TVL on
TL;DR Milestone Achievement: PayPal’s stablecoin, PYUSD, surpassed $1 billion in market capitalization, driven by its expansion to the Solana blockchain. DeFi Incentives: Attractive yield incentives on
TL;DR Celsius has repaid $2.53 billion to 251,000 creditors, covering 84% of the $3 billion owed, but 121,000 creditors remain unpaid, many of whom are owed
TL;DR Aave Labs proposes integrating BlackRock’s tokenized fund, BUIDL, with its GHO Stability Module (GSM) to enhance the stability and efficiency of its native stablecoin, GHO. Benefits
TL;DR Bitcoin’s open interest has dropped by 7.5% due to market uncertainties, with BTC trading around $62,300 after a 2.50% decline in the last 24 hours. Altcoins
TL;DR EigenDA, EigenLayer’s data availability protocol, will now support ERC-20 token restaking for layer-2 networks. Restaking will allow the use of previously staked tokens to secure
TL;DR Stacks is preparing for the Nakamoto upgrade, which is set to begin this week and promises to revolutionize transaction efficiency on the Bitcoin layer-2 network.
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