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
blockchain (Latest Publications)
Xapo Bank Partners with Hilbert Group to Create $200M Bitcoin-Denominated Fund
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.
Terraform Labs Winding Down: Terra Blockchain Transitions to Community Management
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
Base L2 Shatters Records: 1 Million Daily Active Addresses and 200K Basenames in a Week
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
PayPal’s PYUSD Breaks $1 Billion Mark—Solana Expansion Sparks Growth
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
EigenDA Introduces ERC-20 Restaking for Layer-2 Networks: What You Need to Know
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
STX Gains Momentum Ahead of Stacks’ Nakamoto Upgrade – What to Expect
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.
Bitcoin Bid Liquidity Tanks—Will the $62.5k Dip Trigger a Sell-Off?
TL;DR Bitcoin bid liquidity has dropped to $62,500 while the price faces difficulties at the Wall Street open. BTC price has hit a low of $63,128,
Tron Community Raises Energy Cap to 120B: What Does This Mean?
TL;DR Tron has raised its energy cap to 120 billion to reduce traffic and transaction costs associated with meme coins, according to an announcement by Justin
Crypto Sees Largest Weekly Inflow in 5 Weeks—Bitcoin and ETH ETFs in the Spotlight
TL;DR Digital investment product revenues hit $533 million, highest amount in five weeks Bitcoin stands out with inflows of $543 million, while Ethereum faces outflows of
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