Maker DeFi lending protocol rebrands to Sky ahead of USDS stablecoin launch
Maker is also rebranding the world’s largest decentralized stablecoin ahead of the launch of its governance token, SKY.
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Optimism to sell $160M in OP tokens to 7 purchasers via private sale
The Optimism network has revealed that it will sell 116 million OP tokens in a series of planned sales. 408 Total views 2 Total shares Ethereum layer-2 scaling solution Optimism has disclosed plans to sell 116 million OP tokens to seven private buyers for treasury management purposes.At current prices, the sale will see $159 million

Survey of millionaires finds 73% own or want to invest in crypto
The number of millionaires wanting to buy cryptocurrencies is on the rise, with a new survey indicating that 73% want to own digital assets before the end of 2022. 1137 Total views 1 Total shares A survey of more than 700 high net worth individuals, or HNWs, has found that almost three-quarters of millionaire respondents…

Why is Solana (SOL) price down today?
Solana price is down today, registering a 15% decline over the past week as the wider crypto market continues to show weakness.

Bitcoin Falls Under $3,400 as Oil Futures See Mixed Movements
Wednesday, Feb. 6 — most of the top 20 cryptocurrencies are reporting slight to noteworthy losses on the day by press time. Bitcoin (BTC) has fallen under the $3,400 mark again, according to Coin360 data.Market visualization from Coin360At press time, Bitcoin is down a fraction of half percent on the day, trading at around $3,387, according…

Crypto scams are going to ramp up with the rise of AI
With talk about integrating artificial intelligence and the cryptocurrency industry mostly focusing on how AI can help the crypto industry combat scams, experts are failing to pay attention to the fact that it could have the complete opposite effect. In fact, Meta recently warned that hackers appeared to be taking advantage of OpenAI’s ChatGPT in…

Cyprus freezes crypto applications ahead of EU-wide MiCA transition
The CySEC has warned crypto asset service providers of coming changes as the continent braces for MiCA.

Coinbase Credit lends Hut 8 $50M to support Bitcoin treasury
The loan will help Hut 8 maintain its dynamic Bitcoin treasury management strategy going into the halving, CEO Jaime Leverton said. 157 Total views 1 Total shares The Canadian Bitcoin (BTC) mining company, Hut 8 Mining, has secured a credit facility from a subsidiary of the United States-based cryptocurrency exchange, Coinbase.Hut 8 officially announced on…

Elon Musk boosts Dogecoin again amid fresh ‘strong interest’ in altcoins
Musk is about to host Saturday Night Live, something he says he will do as “The Dogefather” as DOGE/USD shoots up more than 20%. 3603 Total views 25 Total shares Dogecoin (DOGE), the meme-based cryptocurrency that is a pet favorite of Elon Musk, has a new date for its price diary — Musk’s appearance on…