Monday , November 25 2024
Home / Crypto news (page 66)

Crypto news

Maker Rebrands to Sky, Replaces DAI With USDS Causing Worry Over Freeze Function

Household DeFi protocol Maker replaced its decentralized DAI stablecoin with centralized USDS as it rebranded to Sky. Users are not happy. DeFi lending protocol, Maker, came out of its rebranding efforts as Sky. With that, Maker’s stablecoin, DAI—the largest decentralized stablecoin in the crypto ecosystem—was replaced by the new USDS. Maker’s MKR governance token also saw an upgrade as the rebranding ushered in the SKY governance token. Sky’s team suggested the rebranding will help take this...

Read More »

CreditCoin Debuts EVM-Compatible Mainnet and CreditWallet App for Users

Creditcoin’s EVM compatibility facilitates smooth multi-chain interactions and lower costs. The CreditWallet app makes digital asset management easy by adding safety features. Creditcoin, the leading L1 blockchain platform, has launched its EVM-compatible mainnet, marking a huge step toward expanding global financial inclusion with advanced blockchain technology. Along with this upgrade, Creditcoin introduces CreditWallet, a mobile wallet device intended to increase user engagement in the...

Read More »

Nasdaq Seeks SEC Approval for Bitcoin Index Options

Nasdaq is seeking regulatory approval to introduce and trade options on a new Bitcoin index, the exchange operator announced on Tuesday. The US Securities and Exchange Commission (SEC) has not yet approved options for any of the spot Bitcoin exchange-traded funds (ETFs) that have started this year, including Nasdaq’s request for options on BlackRock’s iShares Bitcoin Trust ETF which is worth $21.3 billion. Matt Hougan Advocates for Bitcoin Options to Boost Market Efficiency The Bitcoin index...

Read More »

ReformDAO Announces $RFRM Token Listing on Gate.io, MEXC, and Bitget

[PRESS RELEASE – Gibraltar, Gibraltar, August 29th, 2024] ReformDAO, a decentralized market maker pioneering the path towards more accessible, transparent, and equitable market-making practices, has announced the listing of its native token, $RFRM, on leading cryptocurrency exchanges Gate.io, Mexc.com and Bitget.com. Signaling a major milestone in ReformDAO’s journey to reshape the market-making landscape in the cryptocurrency industry. This strategic move follows the...

Read More »

Dormant Bitcoin Wallet Reawakens After 11 Years With Unrealized ROI of Over 42,000%

A long-dormant Bitcoin (BTC) address has been reactivated after more than 11 years of inactivity. The wallet, which holds 100 BTC, was brought back to life on August 29, according to blockchain tracking service Whale Alert. Worth a mere $14,202 when the address was last used in 2013, the crypto stash has jumped by more than 41,000%, and now stands at approximately $6.02 million going by the largest cryptocurrency’s current price. Crypto Community Reacts There were some...

Read More »

Australians Lose AU$180 Million to Crypto Scams in Past 12 Months: AFP Alert

Australians have recently experienced significant losses due to cryptocurrency investment scams, with AU$180 million ($122 million) lost over the past 12 months. The Australian Federal Police (AFP) issued a warning on Wednesday, highlighting the growing sophistication and prevalence of these scams. These remarks were made during Scams Awareness Week 2024, which is designed to raise awareness of such schemes. According to the Australian Cyber Security Centre (ACSC), total investment scams...

Read More »