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Sky

DeFi Lender Sky Ratifies Plan to Offboard Wrapped Bitcoin, Due to Sun Concerns

May 29, 2025 by admin

The matter has been closely followed in crypto markets, since the Sky platform has $200 million of loans collateralized by the token, and since WBTC is one of the biggest cryptocurrencies, with nearly $10 billion outstanding.

Categories Financial Tags Bit, Sky, Wbtc, With Leave a comment

DeFi Lending Giant Sky Sets Vote to Offload Wrapped Bitcoin as Justin Sun Concerns Linger

May 29, 2025 by admin

The action could impact $200 million of DeFi loans in the Sky ecosystem should the proposal pass.

Categories Financial Tags Bit, Labs, Sky, Wbtc, With Leave a comment

MakerDAO Is Now ‘Sky’ as $7B Crypto Lender Rolls Out New Stablecoin, Governance Token

May 28, 2025 by admin

The driving motivation behind the changes was “how to scale DeFi to gigantic size” and grow a decentralized stablecoin, Rune Christensen said in an interview with CoinDesk.

Categories Financial Tags New, Sky, Token, Will Leave a comment

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