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Sky Adviser Recommends Halting Wrapped Bitcoin Offboarding
25.9.2024
BA Labs, an adviser to Sky, formerly known as Makerdao, has decided to stop recommending any additional parameter changes regarding the offboarding of wrapped bitcoin (WBTC) collateral. The move follows statements from Bitgo’s CEO Mike Belshe and a vote from Sky community members. Sky Adviser...
Sky Pauses Plan to Offboard Wrapped Bitcoin, After Chat With BitGo's Belshe
25.9.2024
An influential adviser to DeFi lender Sky, formerly known as MakerDAO, now says their concerns have been adequately addressed regarding Tron founder Justin Sun's involvement in the custody of bitcoin backing the WBTC token
DeFi Lender Sky Ratifies Plan to Offboard Wrapped Bitcoin, Due to Sun Concerns
19.9.2024
The matter has been closely followed in crypto markets, since the Sky platform has $200 million of loans collateralized by the token, and since WBTC is one of the biggest cryptocurrencies, with nearly $10 billion outstanding
DeFi Lending Giant Sky Sets Vote to Offload Wrapped Bitcoin as Justin Sun Concerns Linger
13.9.2024
The action could impact $200 million of DeFi loans in the Sky ecosystem should the proposal pass
Maker, now Sky’s, stablecoin freeze process could be decided by decentralized court
4.9.2024
A “decentralized governance” body could decide the fate of frozen USDS if the stablecoin goes ahead with a freeze feature, says Sky co-founder Rune Christensen
Aave, Sky float partnership to bridge DeFi, TradFi
3.9.2024
The plan would create markets for DAI-replacement USDS on Aave
Aave, Sky float partnership to bridge DeFi, TradFi
3.9.2024
The plan would create markets for DAI-replacement USDS on Aave
Aave Launches Sky Aave Force With MakerDAO for DeFi’s Mass Adoption
3.9.2024
In a partnership with MakerDAO, Aave Labs has launched Sky Aave Force to bridge the gap between decentralized…
Maker, Now Rebranded to Sky, Draws Ire From DeFi Community on Controversial Stablecoin Change
27.8.2024
MakerDAO co-founder Rune Christensen said the feature won't be live when the USDS token goes live and the old DAI token will remain in circulation unchanged
Defi Giant Makerdao Rebrands as Sky, Introduces USDS Stablecoin and SKY Token
27.8.2024
The decentralized finance (defi) lending platform Makerdao is embracing a new identity, rebranding as Sky, according to co-founder Rune Christensen. Along with the fresh name, the platform will introduce two new assets: a stablecoin dubbed USDS and a governance token named SKY, both slated for...
MakerDAO Is Now 'Sky' as $7B Crypto Lender Rolls Out New Stablecoin, Governance Token
27.8.2024
The driving motivation behind the changes was "how to scale DeFi to gigantic size" and grow a decentralized stablecoin, Rune Christensen said in an interview with CoinDesk
MakerDAO to Offer Optional MKR Conversions for New Governance Token
23.8.2024
Crypto lending platform MakerDAO, the protocol behind the DAI stablecoin, will allow MKR holders to convert their tokens to NewGovToken (NGT) tokens at a ratio of 1:24,000
Justin Sun says removing 12K Bitcoin from USDD is just ‘DeFi 101’
23.8.2024
USDD’s Bitcoin collateral was removed without a vote from its DAO, but Justin Sun insists it’s a normal event in DeFi.
BitGo Reiterates Autonomy From Justin Sun, Tron as MakerDAO Decides to Dump WBTC
15.8.2024
Critics of Sun's involvement don't understand the operational mechanics, the crypto custodian's CEO, Mike Belshe, said during an X Space discussion
Grayscale Expands Suite with MakerDAO MKR Fun
13.8.2024
Grayscale Investments Ltd has launched a new fund focusing on investing in MakerDAO’s governance token known as MKR.…
Grayscale launches investment fund for MakerDAO token
13.8.2024
Grayscale also launched funds for protocols Bittensor and Sui in August
Asset Manager Grayscale Introduces Crypto Fund for MakerDAO's MKR
13.8.2024
The company launched similar single-asset trusts for TAO and SUI and a fund that invests in a basket of decentralized artificial intelligence-focused tokens over the past month
DEF buys patent to stop lawsuits against MakerDAO and Compound
12.8.2024
The patent for “oracle-like” data storage contained technology that was already in existence, DEF said
DEF buys patent to stop lawsuits against MakerDAO and Compound
12.8.2024
The patent for “oracle-like” data storage contained technology that was already in existence, DEF said
BitGo CEO argues WBTC security is unchanged amid concerns
12.8.2024
BitGo recently announced a new venture to diversify its Wrapped Bitcoin custodial locations, and Justin Sun’s involvement has caused concern for some