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Sky logo indicating the WBTC collateral plan reconsideration discussions.
BitGo

Sky Contemplates Halting WBTC Collateral Following Strategic Advisor Concerns

Sky, the decentralized finance platform formerly known as MakerDAO, is reconsidering its plan to use WBTC as collateral due to concerns raised by consultant BA Labs about Justin Sun's involvement. ...

BlockchainCelestia logo with funding details and valuation

Celestia Raises $100 Million in Funding, Valued at $3.5 Billion

Celestia has secured $100 million in an over-the-counter funding round, leading to a valuation of $3.5 billion. Insights from investor Sisyphus reveal potential profit scenarios for institutions in...

cryptocurrencyMeridian funding announcement - $4 million secured by DeFi project

Meridian Raises $4 Million Seed Funding Led By ParaFi And Borderless Capital

Meridian, part of the Movement ecosystem, has secured $4 million in seed funding, co-led by ParaFi Capital and Borderless Capital. This funding aims to enhance liquidity and yield mechanisms in DeF...

blockchainHuang Licheng withdraws CREAM tokens worth millions

Huang Licheng Withdraws $8.52M in CREAM Tokens

In a significant move, Huang Licheng has withdrawn 460,000 CREAM tokens worth $8.52 million, staked for four years. These tokens once peaked at $282.4 during the DeFi Summer. Now, CREAM trades at $...

Aave V3Aave V3 logo on a digital platform representing DeFi solutions.

Aave V3 Launches on ZKsync Era Mainnet for Enhanced DeFi Experience

Aave has officially deployed Aave V3 on the ZKsync Era mainnet as of September 23. This significant move aims to improve scalability, efficiency, and reduce transaction costs for users, reinforcing...

BlockchainUSDC Treasury mints over 50 million USDC on the Ethereum blockchain.

USDC Treasury Mints Over 50 Million USDC on Ethereum

On September 22, USDC Treasury minted 50,109,449 USDC on the Ethereum blockchain. This significant event underscores the demand for USDC in the crypto market, expected to enhance liquidity in DeFi ...