DeFi
Crypto Is Now a Non-negotiable for Traditional Banks
Simple “engagement” isn’t enough. Banks need to start experimenting with tokenization and blockchain-powered settlement, or risk getting left behind, says Sygnum Bank’s Lucas Schweiger.
Maker, Now Rebranded to Sky, Draws Ire From DeFi Community on Controversial Stablecoin Change
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.
MakerDAO Is Now 'Sky' as $7B Crypto Lender Rolls Out New Stablecoin, Governance Token
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.
Donald Trump Teases 'The DeFiant Ones' Crypto Project on Truth Social
“It’s time we take a stand – together,” Trump wrote on his Truth Social account with a Telegram group link to the unreleased decentralized finance platform.
DeFi Summer Is Making a Comeback, Steno Research Says
Total value locked across the crypto ecosystem is expected to reach an all-time high in the first half of next year, the report said.
Memecoin Frenzy Reaches Tron as Justin Sun-Backed SunPump Rakes in Big Bucks
The memecoin generator launched in mid-August and has crossed $1 million in revenues in its first nine days - a large amount considering Tron’s low fees.
Chaos Labs Raises $55M as Demand Grows for On-Chain Risk Management
The influx of capital comes as Chaos Labs, founded in 2021, looks to expand its platform, designed to address the growing need for automated risk management in decentralized finance (DeFi).
Asset Manager Grayscale Introduces Crypto Fund for MakerDAO's MKR
The company unveiled 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.
Defi Hacks Remain a Major Threat Despite 50% Decline in 2023: Halborn
The report warns that protocols should improve security by using multi-sig wallets and vetting counterparty code.
Gyroscope Rolls Out Yield-Bearing Version of Stablecoin Targeting Over 10% Yield
The Galaxy-backed project aims to attract DAO treasuries to allocate to its new stablecoin.
