Cypher Capital backs Echelon in $3.5 million seed round
Echelon aims to improve capital efficiency with features for institutional markets. Cypher Capital participated in Echelon’s $3.5M seed…
Maker, now Sky, faces backlash over USDS stablecoin’s freeze function
Sky’s USDS stablecoin has a freeze function, raising decentralization concerns. Rune Christensen, Sky’s co-founder, says the freeze function…
Ondo Finance launches its permissionless yieldcoin USDY on Arbitrum
Ondo’s USDY yieldcoin is now live on Arbitrum, offering 5.35% APY for non-US investors. USDY integrated with Camelot…
Maker Protocol rebrands to Sky, Dai stablecoin rebranded to USDS
Maker Protocol rebrands to Sky, renaming Dai stablecoin as Sky Dollar (USDS). MKR governance token upgraded to Sky…
Bitcoin Dogs (0DOG) pulls back as market loses steam, but there is a catch
Bitcoin Dogs (0DOG) drops 49% from debut, but strong trading volume shows investor interest. Integration with Bitcoin blockchain…
Aave Labs proposes to integrate BlackRock’s BUIDL into GHO Stability Module
Aave Labs proposes integrating BlackRock’s BUIDL with the GHO Stability Module. The update aims to enhance capital efficiency…
Celsius repays two-thirds of its creditors
Celsius has repaid $2.53B to 251,000 creditors, covering 84% of the debt. 121,000 creditors still haven’t claimed their…
Argentina’s Ministry of Education adds Ethereum to high school curriculum
Buenos Aires high schools will start offering blockchain internships on August 27. ETH Kipu will train 500 students…
Stacks (STX) prepares for Nakamoto upgrade: here’s what to expect
Stacks, the largest Bitcoin layer-2 network, is on the verge of a transformative upgrade known as Nakamoto. As…
Shiba Inu unveils plans for a Decentralized Autonomous Organization
Shiba Inu (SHIB) is launching a DAO to give holders a voice in governance. The DAO will feature…