Ondo Finance launches its permissionless yieldcoin USDY on Arbitrum
Ondo’s USDY yieldcoin is now live on Arbitrum, offering 5.35% APY for non-US investors. USDY integrated with Camelot and Dolomite for trading, lending, and yield...
Aave Labs proposes to integrate BlackRock’s BUIDL into GHO Stability Module
Aave Labs proposes integrating BlackRock’s BUIDL with the GHO Stability Module. The update aims to enhance capital efficiency and expand real-world asset yield. BUIDL integration...
Maker Protocol rebrands to Sky, Dai stablecoin rebranded into USDS
Maker Protocol rebrands to Sky, renaming Dai stablecoin as USDS. MKR governance token upgraded to Sky (SKY) with a 1:24,000 conversion rate. Maker SubDAOs rebranded...
SEC charges two brothers in $60 million Ponzi scam
The Securities and Exchange Commission filed charges against Jonathan Adam and Tanner Adam over a $60 million Ponzi scheme. SEC says it received emergecy relief...
Celsius repays two-thirds of its creditors
Celsius has repaid $2.53B to 251,000 creditors, covering 84% of the debt. 121,000 creditors still haven’t claimed their funds, many due small amounts. Former CEO...
OKX adds support for new USDC spot trading pairs
OKX has introduced support for multiple USDC spot trading pairs They include ZK, LITH, ZERO, ZRO, XNO, ONDO and LQTY Crypto exchange OKX has announced...
Litecoin shrimps capitulate as LTC declines
Litecoin price hovers around $63 with the altcoin down over 5% in the past week and 11% over the last 30 days. According to CoinGecko,...
SEC charges Abra for offering unregistered crypto securities
SEC has charged Abra with securities violations related to the crypto platform’s Abra Earn program. The regulator previously charged Genesis and Gemini crypto exchange over...
Bitpanda partners with CoinMENA to boost crypto adoption
Crypto exchange Bitpanda and trading platform CoinMENA have announced a strategic alliance aimed at bolstering the latter’s efficiency. CoinMENA has operational licenses from the Central...