An influential adviser to DeFi lender Sky, formerly known as MakerDAO, now says their concerns have been adequately addressed regarding […]
Category: WBTC
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The integration comes as other Bitcoin wrappers face scrutiny for custody practices.
Wrapped Bitcoin products allow users to retain asset control while using Bitcoin as collateral for decentralized finance applications.
The vote was passed with 88% in favor of offloading WBTC collateral from the Sky lending platform.
The matter has been closely followed in crypto markets, since the Sky platform has $200 million of loans collateralized by […]
The action could impact $200 million of DeFi loans in the Sky ecosystem should the proposal pass.
Blockchain data shows that nearly 23,000 ETH was transferred into the victim’s account after negotiations opened on May 10.
NFTs have increased their lead over stablecoins and ERC-20 tokens in transfers on the Ethereum network since last July, while […]