MakerDAO rebrands as Sky, unveils new USDS stablecoin and SKY governance token
MakerDAO has rebranded to Sky and announced the names of its upcoming upgraded tokens, USDS and SKY, set for September 18. The release of the…
Category: Crypto Slate
Gold rallies as Bitcoin consolidates: a recurring trend
Quick Take Gold continues to set new all-time highs, recently using $2,500 as support and reaching as high as $2,510. Meanwhile, Bitcoin, often referred to…
MicroStrategy outperforms BlackRock Bitcoin ETF by factor of five in 2024
Quick Take Since the start of 2024, MicroStrategy (MSTR) has delivered an impressive 174% return, far outpacing the 35% return of BlackRock’s Bitcoin ETF (IBIT).…
Coinbase’s Base network surpasses 1 million daily active addresses, outpaces competitors
Coinbase’s layer-2 network Base has recently achieved a key milestone, hitting over 1 million daily active addresses. According to data from blockchain analytics platform GrowThePie,…
XBorg’s new XBG token launch aims to empower investors with 100% unlocks and on-chain transparency
XBorg launched as a spin-off from SwissBorg in 2022, is focused on revolutionizing the gaming industry through a player identity protocol that enhances online experiences by…
BlackRock and Grayscale own 2.96% of Bitcoin circulating supply amid $202 million net inflow
US-based Bitcoin ETFs saw a net inflow of $202.6 million on Aug. 26, according to SoSo Value data. Ticker Sponsor Prem./Dsc. Aug. 26 Inflow Net…
US government disputes ex-FTX exec Ryan Salame’s bid to undo guilty plea
The US government has pushed back against former FTX executive Ryan Salame’s attempt to void his guilty plea, which he claims was based on false…
Abra agrees to settle with the SEC over unregistered securities sales
The US Securities and Exchange Commission (SEC) has filed settled charges against crypto lending firm Abra for failing to register its crypto asset lending product,…
Aave Labs unveils plan to stabilize GHO with BlackRock’s BUIDL shares
Aave Labs proposed an update to its GHO Stability Module (GSM) on Aug. 26, which involves using BlackRock’s tokenized fund BUIDL’s shares to help maintain…
PYUSD hits $1 billion milestone with the majority of its supply on Solana
PayPal’s stablecoin PYUSD surpassed $1 billion in market cap on Aug. 24, according to CoinGecko data. On an X (formerly Twitter) post, PYUSD’s issuer Paxos celebrated…