Finance

Skye's new USDS stablecoin has a freeze function built into its code. That makes it less attractive to crypto criminals. DeFi lender MakerDAO has unveiled its long-awaited rebrand to Sky, the latest step in co-founder Rune Christensen's so-called endgame plan. But reception has been mixed. The most controversial change is that USDS, a new version … Read more

Markets recovered very quickly from the August bloodbath. However, the central bank consortium warned that the market's woes are not over. A partial unwinding of the so-called yen carry trade on August 5 caused global market panic. On that day, Japan's Nikkei and TOPICS — the country's two largest stock market indexes — lost more … Read more

The latest move will set the cryptoverse ablaze. Venture capitalist Katie Hahn said the artwork should not be considered a security. The SEC move is the latest headache for OpenSea. Gary Gensler sure knows how to provoke people. Crypto elites have reacted to the news that OpenSea is the latest target of the US Securities … Read more

Asia DispatchHaru Invest CEO Hugo Lee was stabbed on August 28 at the Seoul Southern District Court. He is under investigation on fraud charges related to the closure of the platform. The attack highlights a growing trend of brutal crypto-related attacks. A former user of Haru Invest stabbed the company's CEO Hyungsoo Lee, known as … Read more

Toncoin has fallen almost 16% in the last seven days. Crypto VCs are not afraid. “The fundamental case for TON is compelling,” an investor told News. Toncoin may be down, but some crypto venture capitalists say they're not bailing on the world's tenth-largest cryptocurrency. After French authorities recently arrested the CEO of popular messaging app … Read more