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

September 12, 2024 Leave a Comment

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

Discover more from Stay Updated Finance News

Subscribe to get the latest posts sent to your email.

Author:

Israel-linked group hacks Iranian cryptocurrency exchange in $90m heist June 18, 2025
Hackers known as Predatory Sparrow claim responsibility for rendering Nobitex exchange funds inaccessibleAn Israel-linked hacking group has claimed responsibility for a $90m (£67m) heist on an Iranian cryptocurrency exchange.The group known as Gonjeshke Darande, Farsi for Predatory Sparrow, said on Wednesday it had hacked the Nobitex exchange, a day after claiming it had destroyed data […]
US Senate Democrats cross the aisle to help Republicans pass crypto bill June 18, 2025
Senate passes legislation to regulate stablecoins, first of what industry hopes will be wave of bills to bolster legitimacyThe Senate passed legislation on Tuesday that would regulate a form of cryptocurrency known as stablecoins, the first of what the industry hopes will be a wave of bills to bolster its legitimacy and reassure consumers.The fast-moving […]
‘I have never seen such open corruption’: Trump’s crypto deals and loosening of rules shock observers June 17, 2025
After courtship with crypto industry, president now profits immensely from a sector he once said ‘seems like a scam’‘This is the looting of America’: Trump and Co’s extraordinary conflicts of interest in his second termCryptocurrency multibillionaire Justin Sun could barely contain his glee.Last month, Sun publicly flaunted a $100,000 Donald Trump-branded watch that he was […]
‘This is the looting of America’: Trump and Co’s extraordinary conflicts of interest in his second term June 16, 2025
Bitcoin, internet, EVs, private dinners for hire – the list of pay-for-play and quid quo pro goes on, and on … and on‘I have never seen such open corruption’: Trump’s crypto deals and loosening of rules shock observersThe South Lawn of the White House had never seen anything like it. The president of the United […]
Liverpool is crypto capital of UK, survey finds June 16, 2025
Research reveals 13% of residents regularly invest in cryptocurrency and check stocks, more than all other citiesThe city’s most famous sons may have sung that money can’t buy you love, but that was before bitcoin existed.Liverpool has emerged as the crypto capital of the UK, according to a study looking at the online habits of […]

Leave a ReplyCancel reply

Takeaways From Hard Fork’s Interview With OpenAI’s Sam Altman June 25, 2025
Mr. Altman discussed President Trump’s understanding of artificial intelligence, the war for A.I. talent and OpenAI’s relationship with Microsoft.
SpaceX to Launch Axiom Mission 4: How to Watch June 25, 2025
The fourth mission by the company Axiom Space will help the three countries get to the International Space Station for the first time.
At Amazon’s Biggest Data Center, Everything Is Supersized for A.I. June 24, 2025
On 1,200 acres of cornfield in Indiana, Amazon is building one of the largest computers ever for work with Anthropic, an artificial intelligence start-up.
On Broadway, A.I. and High-Tech Storytelling Is Having a Moment June 24, 2025
Videos and projections depicting an A.I.-generated actor, the digital memories of robots, a redwood forest and more: High-tech storytelling is having a moment.
Ford Will Keep Battery Factory Even if Republicans Ax Tax Break June 24, 2025
Ford Motor said it would open a new plant in Michigan that could become ineligible for federal incentives under a policy bill championed by President Trump and passed by the House.
Media Matters Sues F.T.C. Over Advertising Investigation June 23, 2025
The liberal advocacy organization said in a lawsuit that the Federal Trade Commission’s inquiry into boycotts with other advertising groups was “retribution.”
Tesla Begins Limited Robotaxi Service in Austin June 23, 2025
The vehicles will have safety monitors and may not operate in bad weather, making them more restricted than the fully autonomous vehicles promised by Elon Musk.
How Vera Rubin Telescope Scientists Will Deal With 60 Million Billion Bytes of Imagery June 21, 2025
The Vera C. Rubin Observatory will make the study of stars and galaxies more like the big data-sorting exercises of contemporary genetics and particle physics.
Hybrid Cars, Once Derided and Dismissed, Have Become Popular June 21, 2025
Automakers and car buyers are taking a second, harder look at hybrids after leaving them behind for electric vehicles.
Europe’s Growing Fear: How Trump Might Use U.S. Tech Dominance Against It June 20, 2025
To comply with a Trump executive order, Microsoft recently helped suspend the email account of an International Criminal Court prosecutor in the Netherlands who was investigating Israel for war crimes.
Tesla’s Robotaxi, Long Promised by Elon Musk, Joins a Crowded Field June 20, 2025
Mr. Musk says the driverless taxis could begin ferrying passengers on Sunday in Austin, Texas, where other companies already have similar cars on the road.
Chinese Tech Giants Have Big Ambitions in Brazil June 20, 2025
Confronted with tariffs and scrutiny in the United States and Europe, Chinese consumer brands are betting that they can become household names in Latin America’s biggest economy.
TikTok Hits Cannes, Where a U.S. Ban Seems a Distant Dream June 20, 2025
TikTok executives hosted happy hours and played pickleball with influencers on the French Riviera this week, even as a U.S. ban loomed over the company.
Trump Is Selling a Phone + The Start-Up Trying to Automate Every Job + Allison Williams Talks ‘M3GAN 2.0’ June 20, 2025
“They’re calling it the T1 Phone 8002 Gold Version, which sounds kind of like a Taylor Swift album.”
Your A.I. Queries Come With a Climate Cost June 19, 2025
When it comes to artificial intelligence, more intensive computing uses more energy, producing more greenhouse gases.
Can A.I. Quicken the Pace of Math Discoveries? June 19, 2025
Breakthroughs in pure mathematics can take decades. A new Defense Department initiative aims to speed things up using artificial intelligence.
BYD and Other Chinese Carmakers Expand Sales in Europe Despite Tariffs June 18, 2025
BYD and other companies doubled their share of the car market after the European Union imposed higher tariffs on electric vehicles from China.
Trump to Again Extend TikTok’s Reprieve From U.S. Ban June 18, 2025
The president plans to sign another executive order this week that would give the popular video app more time to change its ownership structure.
Senate Passes Cryptocurrency and Stablecoin Rules Bill June 17, 2025
The bill was a significant step toward giving the cryptocurrency industry the credibility and legitimacy it has sought, without limitations it has worked to head off.
Tell Us: How Are You Using A.I. at Work? June 17, 2025
Has A.I. become a part of your daily work routines? We want to know.

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

Like this:

Related

Discover more from Stay Updated Finance News

Crypto News

Leave a ReplyCancel reply

Tech News

Recent Posts

Recent Comments

Archives

Categories

Share this:

Like this:

Related

Discover more from Stay Updated Finance News

Crypto News

Leave a ReplyCancel reply

Tech News

Recent Posts

Recent Comments

Archives

Categories