Story Highlights The live price of the Chiliz token is . Chiliz price could soar to a maximum of $0.15 by the end of 2024. CHZ price with a potential surge could go as high as $2.67 by the end of 2030.

Sky co-founder Rune Christensen told Decrypt that Solana support "marks the beginning of a new multi-chain era for USDS."

The Ethereum Foundation sold 100 ETH for DAI, marking its first ETH sale since releasing its annual report. The sale is part of the foundation's strategy to fund public projects and maintain its financial reserves.

The Ethereum Foundation makes another DAI purchase by offloading 100 ETH on Nov. 12. This is the first time the protocol has sold ETH since releasing its annual report.

Binance announces the cancellation of the planned fourth airdrop snapshot for Chiliz (CHZ) holders, affecting the distribution of 1000PEPPER tokens.

Chiliz chief strategy officer Max Rabinovitch recently discussed Ethereum co-founder Vitalik Buterin's efforts to address centralization in Ethereum's validation structure. In an interview with crypto.

Chiliz has announced that its SportsFi platform, Socios.com, has received preliminary approval from the Malta Financial Services Authority (MFSA) for a Class 3 Virtual Financial Assets Act (VFAA) license, allowing it to provide digital asset services.

While Class 3 license holders cannot operate a VFA exchange, Socios.com will provide various VFA services, including asset custody.

Socios.com secures Malta's in-principle approval for a class 3 crypto license.

A Class 3 VFAA license would allow Socios.com to provide any digital asset service and hold or control clients' assets as they provide a virtual financial asset service.

Cryptocurrency Prices Today, October 16: The broader market's movement on Wednesday sparked mixed speculations globally. While Bitcoin (BTC) price topped the $67K level over the past day, top altcoins mainly illustrated a volatile movement.

The global crypto market staged a recovery last week, posting a 2.79% increase and closing with a market capitalization of $2.21 trillion. This surge added $60 billion to the market's overall valuation.

Chiliz (CHZ) has recently showcased a remarkable resurgence, adding over 10% to its price and securing its spot as the top gainer among the top 100 cryptocurrencies. As the cryptocurrency market experiences rising volatility, many are left wondering if CHZ can sustain this momentum and potentially reach its yearly high of $0.170 in the upcoming quarter.

The mix of signals from the data from the past 24 hours showed that the short-term bias was bearish.

CHZ, the native cryptocurrency of the sports blockchain platform Chiliz, is witnessing a strong surge following crypto exchange Binance announcing support for the airdrop of the PEPPER crypto token with some exciting rewards to Chiliz holders. As a result, the Chiliz price has shot up by 13% moving all the way to $0.07227 with its

It's an airdrop season! Before any airdrop, the platform receives huge attention as the traders jump in to accumulate at discounted prices. A similar trend has been observed as yet another airdrop is making huge rounds within the markets. Chiliz, which displayed a remarkable rise from $0.01 to as high as $0.

After displaying a consolidated price action for a brief period, the Chiliz price has regained momentum by adding over 10% to its portfolio within a short period. With this, this altcoin has secured the first position in the daily top gainers list among the top 100 cryptocurrencies.

Binance has hinted at the support for the Pepper airdrop for Chiliz holders.

Chiliz, the largest blockchain network for sports and entertainment, surged to its highest point in three months. The Chiliz (CHZ) token broke a crucial resistance, reaching an intraday high of $0.072, its highest level since July 22.

The Chiliz blockchain is aiming to become "the sports blockchain," its CEO Alexandre Dreyfus told CoinDesk in an interview, while also calling out the disproportionate historical hype around NFTs in comparison to fan tokens.

Binance will apply a new “risk warning” banner and pop-up notification to several tokens on its platform, the exchange announced on Oct. 1.

Chiliz established a new subsidiary to fruitfully expand the blockchain's infrastructure into mainstream sports.

The new independent division promotes synergies and business opportunities.

The inaugural program will be a training course that will begin in October 2024.

According to the announcement, the wallet will support both cryptocurrencies and non-fungible tokens (NFTs).

South Korean internet giant ventures into crypto with a non-custodial digital asset wallet.

South Korean technology giant Naver has announced the launch of its first-ever cryptocurrency wallet, Naver Pay Wallet, in collaboration with the sports-centric blockchain platform Chiliz.

South Korean tech giant Naver launches a non-custodial crypto wallet, Naver Pay Wallet, in partnership with Chiliz blockchain, offering cryptocurrency and NFT storage to its 33 million users

Rune Christensen, co-founder of the decentralized finance platform Maker (MKR), has clarified that while the upcoming stablecoin rebrand will introduce a freeze function, it will not be applied to the existing DAI stablecoin.

South Korean internet search giant Naver is launching a non-custodial crypto wallet, adding the Chiliz blockchain as its first.

Household DeFi protocol Maker replaced its decentralized DAI stablecoin with centralized USDS as it rebranded to Sky. Users are not happy.

The co-founder of decentralized finance (DeFi) platform Maker (MKR) says that the rebrand of its stablecoin will have a freeze function but that DAI will continue to operate normally.

Tether's spike in wallet creation, along with Dai's growth, points to a potential crypto market revival driven by new capital.

Just a day after MakerDAO rebranded to Sky, the community has been debating the implications of the new freeze function. MakerDAO co-founder Rune Christensen steps in to provide clarity.

Maker Protocol, the DeFi lending platform, has officially rebranded itself as Sky and introduced a new suite of upgrades.

DAI holders will be able to upgrade to USDS 1:1, while MKR holders can convert to SKY at a 1:24,000 ratio.

Maker DAO reveals details of its major rebrand.

The attack highlights significant security risks in the DeFi space and underscores the need for heightened vigilance among Web3 users. The phishing incident unfolded when the attacker tricked the user into reassigning ownership of their DeFi Saver Proxy contract.

Decentralized blockchain protocol MakerDAO has announced an upgrade for DAI and MKR tokens. The platform released two new assets, NewStable and NewGovToken which will exist alongside DAI and MKR.

TL;DR MakerDAO launches the NewStable and NewGovToken, while maintaining the availability of the current DAI and MKR tokens. NewStable will replace DAI for new transactions at a 1:1 conversion rate, while DAI will continue to be used for specific applications.

New MakerDAO tokens have been introduced, while DAI and MKR will remain available.

A recent phishing attack targeting a prominent crypto whale has resulted in the theft of approximately $55 million worth of Dai tokens, drawing attention to the growing sophistication and frequency of cyberattacks within the Web3 ecosystem.

A Maker Vault was exploited via a compromised EOA, allowing the attacker to take control and target the Dai stablecoin.

A whale address lost 55.47 million DAI stablecoins. CertiK Alert observed the attacker had accessed externally owned accounts (EOA) using Inferno Drainer.

A crypto whale lost more than $55 million in DAI on Tuesday after signing an unverified transaction. This latest cautionary tale has reminded crypto holders of the dangers in the digital assets industry.

This incident represents a broader trend of rising numbers of attacks in the DeFi ecosystem.

Binance has announced that it will be delisting a number of spot trading pairs. The reason for this is Binance's evaluation of all listed spot trading pairs on a regular basis, analysis of their performance and liquidity.

Blockchain security platform Scam Sniffer reported that a crypto trader lost $55.47 million in DAI stablecoin to a phishing attack. According to the firm, the trader lost their assets after mistakenly transferring ownership of their collateralized debt position (CDP) on DeFi Saver Proxy to a malicious wallet.