A wallet believed to belong to Donald Trump's family crypto venture World Liberty Financial has been involved in a series of recent transactions according to onchain data from Arkham Intelligence.
Maker Dao, the decentralized finance (DeFi) platform known for its native token MKR, has been an essential player in the cryptocurrency ecosystem. Recently, the token experienced significant fluctuations, dipping below $2,000 after reaching an all-time high of over $6,300 in May 2021.
A significant event in the cryptocurrency market has emerged as a whale deposited a substantial $28.5 million worth of Wrapped Bitcoin (WBTC) to Binance on January 9, 2025. The sale, which involved 300 WBTC, resulted in an impressive profit of nearly $10 million for the trader.
Ripple's RLUSD appears set to take on industry leaders in the stablecoin space. Since its official launch on Dec. 17, 2024, RLUSD has gained traction among cryptocurrency traders.
TL;DR Ethena surpasses DAI and reaches a $6 billion market capitalization with its stablecoin USDe, standing out in the sector. The integration of sUSDe into Aave drives over $1 billion in inflows in just a few weeks, attracting large investors. Ethena launches USDtb, a stablecoin backed by U.S.
Various DeFi protocols generated large amounts of revenue in with many established protocols making revenue figures close to their 2021 highs.
Former MakerDAO team member Sean Brennan has been appointed to lead BioDAO's AI agent business.
MakerDAO's December achievements include a record $1.67 million in single-day fees, helping push earnings to an unprecedented $40.86 million.
Amid the declining market demand for MKR tokens, the growing user base over the MakerDAO network hints at a potential recovery in 2025.
Maker's demand zone lies at the $1,440-$1,480 price levels, where 2,530 addresses purchased the token.
MakerDAO recorded an all-time high in fees and revenue this month, as per DeFiLlama. The DeFi protocol hit day-highs of $1.67 million in fees and $1.18 million in revenue on December 9.
Sky Protocol, formerly MakerDAO, achieved peak monthly fees in December. The lending protocol expanded through its Spark sub-DAO, aiming to regain its previous position among top lenders.
TL;DR Asset tokenization is revolutionizing the connection between blockchain and traditional finance. Chromia, MakerDAO, and Avalanche stand out for their innovation, addressing scalability, transparency, and efficiency in tokenization. These initiatives could redefine markets by 2025, making assets more accessible, secure, and efficient.
Maker (MKR) is drawing significant attention from investors as Ethereum (ETH) shows strong growth, setting the stage for a potential rally in MKR. Following a breakout from a long-term downtrend, MKR is positioning itself for a possible climb toward $5,000 by 2025.
This week's Crypto Biz explores Coinbase's wBTC controversial delisting, Deutsche Bank's blockchain, USDT in Europe, FTX creditors repayment and BVNK's move to the United States.
Top US-based crypto exchange platform Coinbase is removing support for Wrapped Bitcoin (wBTC) as the crypto king crashes below six figures.
BiT Global claims the delisting is defamatory and anti-competitive. Coinbase says it handles less than 1% of wBTC transactions, disputing market impact claims.
Maker targets $5,000 as Ethereum soars, breaking downtrends with bullish signals and strong holder confidence.
American crypto trading platform Coinbase Global Inc. has announced it has disabled trading for Wrapped Bitcoin (wBTC). The top crypto exchange noted that despite this move, the product will still become accessible to users.
Judge Martínez-Olguín ruled BiT Global failed to justify stopping Coinbase from delisting wBTC, calling claims speculative and delayed.
Several altcoins including the native token of the XRP Ledger, Solana's native token SOL, Maker's governance token MKR, and Worldcoin's WLD could soon see significant price surges over a key technical indicator that just flashed buy signals for these.
World Liberty Financial (WLFI), a Donald Trump decentralized finance project, has restructured its wrapped Bitcoin holdings. WLFI exchanged $10.4 million in Coinbase-backed cbBTC for 103.15 WBTC.
TL;DR Sky accelerates the migration from Maker to SKY as part of its rebranding to consolidate the new token and eliminate confusion. SubDAOs, referred to as “Stars,” will be introduced to provide operational flexibility and autonomy within the ecosystem.
The involvement of Justin Sun in World Liberty Financial as an advisor could have a major role in the swapping of Coinbase-backed wrapped Bitcoin to its rival.
Coinbase has successfully dismissed a lawsuit from BiT Global, linked to Justin Sun, aimed at blocking the delisting of Wrapped Bitcoin (wBTC), with the court siding with Coinbase's concerns over customer protection and asset integrity. The post Coinbase Dismisses Justin Sun-Linked BiT Global Lawsuit Over wBTC Delisting appeared first on Cryptonews.
Coinbase announced in November that it would delist WBTC on December 19, after the token became affiliated with Tron founder Justin Sun.
Wolrd Liberty Financial, the new DeFi project by Donald Trump, has sold its cbBTC tokens to purchase wBTC.
The swap took place Wednesday, the same day BiT Global lost a court case seeking to prevent Coinbase delisting WBTC.
World Liberty Financial (WLFI), the decentralized finance project backed by Donald Trump, has sparked significant attention with a recent transaction. Blockchain analytics firm Lookonchain reported that WLFI swapped its portfolio of 102.9 cbBTC, valued at $10.4 million, for 103.15 WBTC (Wrapped Bitcoin).
Sky, previously known as Maker, is fast-tracking the transition from MKR to SKY tokens as part of its ongoing rebrand, which began in August. The post Sky (Formerly Maker) Accelerates MKR to SKY Migration Post-Rebrand to Remove Confusions appeared first on Cryptonews.
A U.S. federal judge ruled against BiT Global's attempt to prevent Coinbase from delisting Wrapped Bitcoin (wBTC).
MKR, the native token of MakerDAO, has recently shown mixed signals in its price charts, leaving investors wondering if a significant rally is on the horizon. After breaking out of a descending channel, MKR's price has struggled to gain upward momentum.
Rune Christensen, the co-founder of Sky, says the ultimate goal is to turn MKR into a wrapper that represents 24,000 SKY.
A Coinbase representative said the exchange may look to sanction the plaintiffs for bringing a spurious lawsuit.
Crypto exchange Coinbase has cited risks linked to Tron-founder Justin Sun during a lawsuit over its delisting of Wrapped Bitcoin (wBTC).
Coinbase will likely be able to move forward with its intention to suspend wBTC trading on Dec. 19 after a challenge in federal court.
Coinbase is under fire for delisting wBTC, citing risks linked to Justin Sun without providing technical justification. Critics note the irony, as Coinbase itself faces numerous regulatory investigations.
Coinbase justified delisting WBTC, citing concerns over BiT Global's ownership structure and TRON founder Justin Sun's involvement.
Coinbase, a prominent cryptocurrency exchange, has faced criticism following its decision to remove Wrapped Bitcoin (WBB) from its platform. The exchange cited unacceptable risks associated with Justin Sun, the founder of the Tron blockchain, as the reason for this action. The post Coinbase Criticized for Citing Justin Sun Risks in Wrapped Bitcoin Delisting appeared first on Cryptonews.
Coinbase has issued a response to a lawsuit filed by BiT Global, a company affiliated with Justin Sun, after the exchange announced it would delist wrapped Bitcoin (wBTC) on Dec. 19.
The venture between BitGo and BiT Global provided a reminder of the distrust many BTC holders still have for centralized custody, according to a new report
The crypto community is lashing out against Coinbase's reasoning for delisting Wrapped Bitcoin (WBTC) after the exchange linked the decision to the “unacceptable risk” associated with Tron founder Justin Sun. On December 17, Coinbase filed a response to a lawsuit from BiT Global, a company affiliated with Sun.
Coinbase, the largest US-based crypto exchange, plans to suspend trading of Wrapped Bitcoin (wBTC) on December 19. This decision follows a routine review to ensure all listed assets meet the platform's standards.
Coinbase has thrown a legal argument against a lawsuit from Bit Global Digital Limited, which aims to overturn Coinbase's choice to drop wrapped bitcoin (WBTC) from its exchange.
Some crypto community members have criticized Coinbase for not giving technical reasons for delisting WBTC and justifying its decision by citing Justin Sun-linked risks.
Some crypto community members have criticized Coinbase for not giving technical reasons for delisting WBTC and justifying its decision by citing Justin Sun-linked risks.
Mixed signals have been prevalent across MKR's price charts lately.
BiT Global refuses to answer Coinbase's questions about Sun's involvement.