Sky, the decentralized finance platform (DeFi) formerly known as MarkerDAO, appears to have backtracked on its plan to remove the Wrapped Bitcoin (WBTC) cryptocurrency as collateral for users to obtain loans, following clarifications from BitGo CEO Mike Belshe. The executive spoke out on an issue that had caused a stir in the Sky community: Justin … Read more
Key facts: Currently SUI has 1,300,000 daily active wallets. As of September 2024, SUI’s DEX volume has reached $510 million. The first layer (L1) Sui network surpassed $900 million in total value locked (Total Value LockedTVL), as reported by the development team. This increase implied an increase of 3,285% in this metric since the launch … Read more
The former president and presidential candidate presented his new cryptocurrency platform on September 16: World Liberty Financial. A project that is run by his sons Donald Trump Jr. and Eric Trump and that, apparently, generated more disappointment than enthusiasm among investors. According to the information that was offered to the media and shared in a … Read more
Key facts: Trump’s new platform could walk a tightrope, analyst warns The launch of his DeFi platform distances Trump from Bitcoin’s principles. Presidential candidate Donald Trump will launch a new cryptocurrency platform today called World Liberty Financial that will be controlled by his sons Donald Trump Jr. and Eric Trump. The Republican presidential candidate plans … Read more
Key facts: DeFi returns could top 5%, says Bernstein. The interest rate cut could be 0.25% or 0.50%. With a potential interest rate cut by the US Federal Reserve (Fed) on the horizon, Ethereum could stand to gain from this economic adjustment. In this case, decentralized finance (DeFi), where the Ethereum network leads the way, … Read more
The popularity of the TON blockchain (The Open Network) is growing. This can be explained in principle by the low transaction fees on this network. In this regard, another interesting fact is that the average transaction amount that users are making on TON does not exceed 100 dollars, which would reveal the increase in daily … Read more
Polymarket es un mercado descentralizado de predicciones donde las personas pueden hacer apuestas con tokens sobre el resultado de eventos futuros. Construido sobre la red Polygon, utiliza contratos inteligentes para automatizar las transacciones entre diferentes tokens y gestionar las operaciones de los usuarios. Desde mercados financieros hasta política, deportes y cultura pop, Polymarket ofrece una … Read more
Sky, the decentralized finance platform formerly known as MakerDAO, is on track to hold an executive vote on September 26, 2024 to remove wrapped bitcoin (wBTC) as collateral in its ecosystem. This decision is based on a proposal initially submitted by BA Labs, a DeFi risk management firm with influence in Sky’s governance. BA Labs’ … Read more
Key facts: CbBTC is backed 1:1 by the bitcoin held by Coinbase. The wrapped BTC token will be available for trading on DEX with Coinbase Wallet. Coinbase, the largest cryptocurrency exchange in the United States, announced on Thursday, September 12, the launch of its wrapped bitcoin (BTC) token, called cbBTC, expanding the ways to use … Read more
PancakeSwap, the exchange (DEX) operating on the BNB Chain blockchain, launched its first prediction market on Telegram linked to the token native to this network, BNB. This new application came into effect in its beta version and allows users to bet on the rise or fall of BNB every five minutes in real time. According … Read more