The battle over who will issue Hyperliquid’s native stablecoin, USDH, has a new heavyweight entrant.Sky, formerly known as MakerDAO, submitted a proposal to power USDH that leans on its $8…
S&P Global Ratings assigned a B- (stable outlook) issuer credit rating to Sky Protocol, the decentralized lending platform formerly known as Maker Protocol, in a first for the decentralized finance…
In brief
Epirus, a Los Angeles-based defense company, has developed Leonidas, a high-powered microwave weapon that disables drone swarms without firing projectiles.
Leonidas uses a wide-area microwave beam to instantly disrupt the…
This is a segment from The Drop newsletter. To read full editions, subscribe.Axie Infinity and Sky Mavis cofounder Alexander Larsen is calling out Sui-powered game Seed, also known as Seed…
Key Points:Sky Inc. reports a $5 million loss in Q1 amid higher interest.The loss contrasts with last quarter’s $31 million profit.Sky increased incentives to boost new stablecoin, USDS, adoption.
Sky Inc.…
DeFi savings protocol Sky posted a first-quarter loss of $5 million after interest payments to token holders more than doubled, according to a report created by Sky contributors from Steakhouse…
Key Points:Sky Protocol’s $5 million loss stems from increased interest payments and new USDS strategy.Significant change from previous $31 million profit last quarter.USDS supply increase contrasts with decreased DAI supply.
Sky…
Reason to trust
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New York, New York, May 12th, 2025, GamingWireThe Sweet Platform Is Making Good On Promises To Add New Titles Of Retro-Style Gameplay Expanding Earning Opportunities Across Sweet’s Web3 Sports Gaming…
Bitcoin once again broke through the six-figure threshold on May 8. At the same time, BTC Bull, a crypto project linking its value to Bitcoin, has gained huge interest from…