Should you diversify into MKR now that MakerDAO is demonstrating healthy activity and growth? Here's what our findings reveal.

The Maker (MKR) token has seen a notable surge in whale activity, with large transactions jumping by a staggering 1,400%. Despite this increase in large-scale transactions, technical indicators and on-chain metrics are sending mixed signals about the future direction of MKR's price.

For Maker to confirm a bullish breakout, it needs to flip the resistance at $1,550.

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

TL;DR Curve Finance launches scrvUSD, a new stablecoin designed to offer low-risk returns and enhance the scalability of its underlying stablecoin, crvUSD. scrvUSD generates returns through lending and staking strategies, providing users with interest derived from yield-generating activities.

The DeFi platform Curve Finance has announced the launch of a new stablecoin called "Savings crvUSD" (scrvUSD).

Ensuring that decentralized finance platforms and networks do not remain siloed is a key hurdle for DeFi applications to overcome.

Maker's exchange reserve and exchange supply ratio hits a yearly high signaling potential correction.

Maker (MKR), the governance token of the MakerDAO ecosystem, has been showing impressive upward momentum, recently breaking out of a long-standing bearish pattern. Despite its 11.20% surge in the past 24 hours, reaching $1,416.32, the cryptocurrency faces some resistance and market dynamics that could limit its progress in the short term.

The DeFi project Sky has retained its new brand identity rather than revert to MakerDAO following a community vote. Polling data revealed that 79.3% of votes supported maintaining the Sky brand as the core protocol name.

Trader bids are fueling the uptrend, with a 13.67% rise in Open Interest to $120.30 million.

A fraudulent app impersonating Curve Finance has resurfaced on the Apple App Store, misleading users and causing massive financial losses despite previous removals, highlighting ongoing issues with app store security in the crypto space. The post Fake Curve Finance App Returns to App Store appeared first on Cryptonews.

Sky's USDS is now the third-largest stablecoin, replacing the original DAI which held that position for years on the charts.

A Curve Finance scam app resurfaced on Apple's App Store for the third time, continuing to deceive users with false claims of token swaps.

Despite repeated takedowns, the fake Curve Finance app has returned to Apple's App Store, with reports of user losses intensifying.

The Maker price has jumped ~10% over the past day, resulting in this altcoin successfully recording a bullish reversal. Moreover, with the technical sentiments and on-chain data favoring the project, the MKR coin hints at a promising bullish month.

Early polling indicates MKR holders want to keep the SKY brand, though participation in the poll is still low.

2025 will be TON's year of DeFi, and it has partnered with Curve Finance to support a competition to find early leaders.

2025 will be TON's year of DeFi, and it has collaborated with Curve Finance to support a competition to find early leaders.

Bitcoin's rally slows down near the weekend, top altcoins record double digit gains.

Historically, the fourth quarter often brings notable gains for cryptocurrencies, and with November underway, crypto whales are strategically positioning themselves for potential profits.

This week, we examine Ripple, Binance Coin, Solana, Dogecoin, and Maker in greater detail. Ripple (XRP) The week started well for XRP, but the price action turned bearish on Wednesday, closing the week with a 3% loss.

Rune Christensen, founder of Sky (formerly MakerDAO), has proposed a strictly deflationary approach to the protocol's governance token as the community prepares to vote on whether to revert its brand or not on Nov. 11.

MKR may finally be ready for a recovery after dancing with the bears since April.

Ever since the launch of the Bitcoin ETF, the institutions have been accumulating the token heavily. As the price is ascending towards the ATH, these activities have been intensifying, and as a result, the total ETFs held by them have now surpassed the Bitcoins held by Satoshi Nakamoto.

As centralized US dollar-pegged stablecoins continue to gain popularity, the potential for regulatory capture has grown.

Maker (MKR) has staged a significant comeback, revitalizing interest and ignite predictions that it could potentially climb as high as $3,000. Given its central role within the decentralized finance (DeFi) ecosystem, Maker (MKR) has captured investor interest, primarily because of the demand for decentralized stablecoins like DAI and the protocol's recent technological strides.

MKR, the governance token of MakerDAO, has witnessed a 10% price uptick over the past 24 hours. It's currently trading at a weekly high of $1,224.

Maker has experienced a sustained downtrend over the past month, declining by 32.58%. However, analyst predicts MKR is set for a reversal.

A deceptive app imitating the DeFi platform Curve Finance recently surged in popularity on the Apple App Store, ranking within the top 100 finance apps as of Oct. 26.

Curve Finance is not new to scams, with previous fake apps targeting its user base. Users are urged to verify app sources to safeguard their cryptocurrency assets.

A counterfeit app replicates Curve's finance logo, putting users at risk.

A fake Curve Finance app has infiltrated Apple's app store, gaining popularity despite warnings from the community.

The well-known crypto project MakerDAO, after rebranding to Sky, is considering backtracking.

MakerDAO is reconsidering its recent rebrand to Sky following poor SKY token performance and strong community preference for the original Maker brand

SKY has significantly underperformed the CoinDesk 20 since the re-brand.

Barely two months after, the project now appears to be reconsidering the change.

The decentralized finance (DeFi) landscape is ever-evolving, and the recent developments surrounding the stablecoin-focused protocol Sky, formerly known as MakerDAO, highlight the complexities of brand identity and community engagement in the crypto space.

The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.

Sky is reconsidering its rebrand from MakerDAO after community pushback, with options including returning to the original MakerDAO brand or adopting a hybrid approach.

Sky, the decentralized finance (DeFi) platform previously known as MakerDAO, is considering reverting to its original brand, Maker.

DeFi project Sky (formerly known as MakerDAO) is evaluating the possibility of additional brand adjustments following community feedback on its recent rebrand. On Oct. 21, Sky's co-founder Rune Christensen released a proposal that reviewed the protocol's accomplishments and the challenges it has faced since transitioning from MakerDAO to Sky.

After rebranding to Sky, MakerDAO may change its name if the community agrees.

Sky will hold a community call this Friday to discuss rebranding options set forth by founder Rune Christensen.

A whale sold Maker (MKR) at a loss, making speculative bets on SPX6900 (SPX) and Mogcoin (MOG), with floating gains of $230K as the memes rallied in the short term.

Here is how some of your favorite assets concluded the week.

MKR, the governance token of the leading stablecoin lender MakerDAO, has experienced a sharp decline in recent weeks. It currently trades at $1,206, noting an 11% price drop over the past week.

Curve DAO (CRV) has experienced a bullish uptick following a partnership between Curve Finance with the TON Foundation. According to a press release issued on October 11, the collaboration aims to boost stablecoin trading on the TON blockchain by utilizing Curve's established market-maker solutions.