Whale voters squash plan to rebrand DeFi protocol Sky back to Maker
[Nov 8 5:21 AM] Four MKR whales constituted 98% of the voting power in favor of sticking with the Sky rebrand.
1 / 3 Relevant items tagged with #Governance
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Sky: Community to consider another rebrand, back to Maker
[Oct 22 5:34 AM] Maker rebranded to Sky just two months ago as part of an overhaul, but there has been resistance.
World Liberty Financial Adds 100K Investors to Whitelist, Eyes $1.5B Valuation Post-Raise
[Oct 14 4:40 PM] On Monday, the team behind the decentralized finance (defi) project World Liberty Financial (WLF), backed by the Trump family, announced that over 100,000 accredited U.S. investors have been added to the whitelist. During the X Spaces event, WLF…
Sky Reports Over 1 Billion USDS Minted Since August Rebrand
[Oct 5 6:50 PM] It’s been approximately 38 days since Makerdao, the decentralized finance (defi) project, rebranded as Sky and launched both the USDS stablecoin and the SKY token. During this time, more than a billion USDS coins have been minted, and 530 million…
Sky Adviser Recommends Halting Wrapped Bitcoin Offboarding
[Sep 25 2:16 PM] BA Labs, an adviser to Sky, formerly known as Makerdao, has decided to stop recommending any additional parameter changes regarding the offboarding of wrapped bitcoin (WBTC) collateral. The move follows statements from Bitgo’s CEO Mike Belshe and a…
Sky Reconsiders Plan to Offboard Wrapped Bitcoin, After Chat With BitGo CEO
[Sep 24 10:13 PM] An influential adviser to DeFi lender Sky, formerly known as MakerDAO, now says their concerns have been adequately addressed regarding Tron founder Justin Sun's involvement in the custody of bitcoin backing the WBTC token.
Bitfarms, Riot settle dispute with board changes
[Sep 23 3:56 PM] Bitfarms’ board will see Andrés Finkielsztain step down, while Amy Freedman and a sixth member will join the board.
Bitcoin Miners Riot and Bitfarms Reach Settlement Ahead of Shareholder Meeting
[Sep 23 1:37 PM] Riot Platforms and Bitfarms have resolved their dispute following a settlement agreement detailed in a joint announcement on Sept. 23, 2024. The agreement, which was filed with the U.S. Securities and Exchange Commission (SEC), comes ahead of…
Ethereum Foundation Cashes Out: 300 ETH Sold in Latest Move
[Sep 20 4:05 PM] The AI-powered sleuth Spot On Chain dropped a bombshell on X today: the Ethereum Foundation just offloaded 300 ETH, pocketing a cool 763,092 DAI. “Overall, since the beginning of September, the Ethereum Foundation has sold 950 ETH ($2.27M)…
DeFi Lender Sky Ratifies Plan to Offboard Wrapped Bitcoin, Due to Sun Concerns
[Sep 19 9:29 PM] 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.
Cardano founder to meet Argentina president Javier Milei
[Sep 19 9:39 AM] Charles Hoskinson plans to meet with Argentina President Javier Milei to discuss how blockchain can rewrite global economic and political systems.
Bitget and Foresight Ventures invest $30M in TON blockchain
[Sep 18 12:03 PM] With the new investment, Bitget and Foresight expect to increase their involvement in the TON’s governance and future development plans.
Starknet Token Holders Ratify Plan to Implement Staking, in Landmark Decentralized Election
[Sep 13 9:06 AM] The new mechanism on Starknet means that anyone holding more than 20,000 STRK will be able to stake on the network, from the fourth quarter of this year.
Vega Protocol retires chain and token after near unanimous vote
[Sep 12 6:25 PM] The community will now move forward with proposals supporting the development of its core protocol software.
Uniswap CEO denies bribe allegations for protocol deployment
[Sep 12 11:10 AM] The reaction comes after users took to X to complain about Uniswap asking for as much as $20 million for protocol deployment.
Bitfarms postpones ‘special meeting’ over Riot’s board change demand
[Sep 10 9:56 AM] Bitfarms delayed its special shareholders’ meeting to address Riot’s demand for board changes, aiming for an informed decision.
Snapshot, Popular DAO Voting Platform, Finally Moves On-Chain, Atop Starknet
[Sep 9 9:30 AM] Snapshot X, the new governance protocol, makes use of storage proofs – a cryptographic feature that StarkWare, the primary developer of Starknet, has helped innovate and embraced.
Riot Pushes for Overhaul at Bitfarms Ahead of Key Shareholder Meeting
[Sep 4 8:30 AM] Riot Platforms Inc., the largest shareholder of bitcoin mining firm Bitfarms Ltd. with a 19.9% stake, issued an open letter calling for significant changes to Bitfarms’ governance ahead of the Oct. 29 special meeting. Riot criticized recent…
Maker, now Sky’s, stablecoin freeze process could be decided by decentralized court
[Sep 4 6:16 AM] A “decentralized governance” body could decide the fate of frozen USDS if the stablecoin goes ahead with a freeze feature, says Sky co-founder Rune Christensen.
Aave, Sky float partnership to bridge DeFi, TradFi
[Sep 3 3:34 PM] The plan would create markets for DAI-replacement USDS on Aave.
Cardano’s Chang hard fork successful as it shifts to decentralized governance
[Sep 2 3:45 AM] The upgrade will transform Cardano governance over the next few months, enabling ADA holders to participate in the voting process.
Cardano’s Chang Hard Fork Goes Live, Introducing On-Chain Governance
[Sep 1 9:45 PM] The highly anticipated upgrade markes the ecosystem's long-planned shift towards decentralized governance.
RBI Governor Warns Against Rapid CBDC Launch, Advocates Gradual Approach
[Aug 27 12:30 AM] The governor of India’s central bank, the Reserve Bank of India (RBI), Shaktikanta Das, has highlighted the challenges of implementing cross-border digital currency interoperability and the necessity for robust governance. He emphasized the…
Hong Kong issues generative AI guidelines for consumer protection
[Aug 20 8:14 AM] The HKMA has introduced new principles for using generative AI, emphasizing governance, transparency and data protection in consumer-facing applications.
Global Asset Freeze Targets Fugitive ‘Cryptoqueen’ and Onecoin
[Aug 10 12:30 AM] A London high court has announced a global asset freeze targeting Onecoin’s co-founder Ruja Ignatova and associates. Over 400 investors sought this legal action after losing millions in the Onecoin cryptocurrency scam. The asset freeze prevents…
El Salvador and IMF Advance Talks on Bitcoin Risk Mitigation and Economic Reforms
[Aug 8 3:30 AM] The International Monetary Fund (IMF) has reported progress in negotiations with El Salvador on policies to strengthen public finances, boost bank reserves, improve governance, and address bitcoin risks. Although many BTC risks haven’t…
Hong Kong targets DeFi, metaverse for fintech expansion
[Jun 26 2:57 AM] Despite challenges in the current DeFi and metaverse landscape, the reports highlight potential growth and innovation in these emerging sectors.
Zksync Introduces Community Governance With ZK Nation
[Jun 10 12:36 PM] Zksync, an Ethereum layer two (L2) network developed by Matter Labs, has launched a new community-driven governance system named ZK Nation. The system aims to enhance the governance, security, and scalability of the Zksync protocol through active…
Rune Christensen Explains Why He Wants to Remake Maker and Kill DAI
[Jun 7 12:26 PM] The MakerDAO creator discusses the motivation behind the ambitious Endgame proposal in a wide-ranging interview.
Audrey Tang: Learning From Taiwan’s Digital Civic Experimentation
[May 22 3:19 PM] The island-country’s digital minister has radical ideas for using open-source technology to provide public goods. Her approach is called Plurality and it’s gaining attention across the world. Daniel Kuhn meets her.