Maker, the longest-standing DeFi lending protocol, has today rebranded to Sky and unveiled the names of its upgraded stablecoin, USDS, and native governance token, SKY. From 18th September 2024, holders of DAI, the largest decentralized stablecoin with more than 5 billion in circulation, will be able to upgrade to USDS. SKY, the native governance token of the Sky ecosystem, … [Read more...] about Maker Rebrands to Sky Ahead of Launch of USDS Stablecoin

Okto, the self-custodial wallet from CoinDCX, announced it has received a business license from RAK Digital Assets Oasis, the world's first and only Free Zone with Common Law features established to support and nurture digital assets companies. Okto wallet becomes the industry's first Web3 Wallet to secure such a business license, signaling a major step forward in fostering … [Read more...] about Okto Gets Business License from RAK Digital Assets Oasis, the world’s first and only Free Zone dedicated to supporting and nurturing digital assets companies

Coinbase announces the extension of its partnership with the football club Borussia Dortmund (BVB) - the ‘23/‘24 runner-up of the Champions League. Coinbase has been a partner of the club since August 2022, but mostly used the brand and the media of the BVB in Germany. Now their partnership has expanded geographically to cover Europe and Singapore, reflecting the club’s … [Read more...] about Coinbase Extends Partnership with Borussia Dortmund (BVB)

Hex Trust, a leading provider of digital asset solutions for institutional finance and the Web3 ecosystem, has announced the launch of its inaugural Staking Partner Program. This new initiative will feature four market-defining infrastructure partners: Chorus One, Kiln, Luganodes and Twinstake. … [Read more...] about Hex Trust Launches Staking Partner Program, Offering Seamless Access to Institutional-Grade Providers Chorus One, Kiln, Luganodes, and Twinstake

Kyrrex, an established player in the cryptocurrency industry, focused on developing innovative solutions to enhance the accessibility and usability of digital assets, has announced the release of Kyrrex Pay, a new payment gateway designed to simplify digital asset transactions for businesses. … [Read more...] about Kyrrex Launches New Cryptocurrency Payment Gateway for Businesses

Following the launch of FBTC, an omnichain Bitcoin asset maintaining a 1:1 peg to BTC, Ignition announced that FBTC has crossed $100M in Total Value Locked (TVL) according to Dune. Also announced is the “Sparkle” campaign, where early FBTC holders will receive points-inspired “Sparks” for future rewards. FBTC is supported by core contributors Mantle, a burgeoning DAO-led … [Read more...] about FBTC Crosses $100M in TVL and Announces “Sparkle” Campaign, Showing Strong Momentum for Ignition’s Omnichain Bitcoin Initiative

EMERGE Group, a leading commercialization partner and Web3 game publishing company, is excited to announce that it will leverage Sei, an open-source blockchain platform and ecosystem, to onboard innovative Web3 games. Powered by Sei, EMERGE Group will use its expertise in Web3 marketing and go-to-market (GTM) strategies to expand the Sei user base and bring in more high-profile … [Read more...] about EMERGE Group is Leveraging Sei’s Unique Optimizations to Revolutionize Web3 Gaming