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Sky doubles down on token overhaul: Making MKR unusable, launching subDAOs

December 19, 2024 by DIGIT

Rune Christensen, the co-founder of Sky, says the ultimate goal is to turn MKR into a wrapper that represents 24,000 SKY. Go to Source

Categories blockchain governance, cryptocurrency migration, MKR to SKY conversion, MKR token migration, Sky ecosystem, Sky platform, Sky rebrand, SubDAOs

Sky faces scrutiny over potential $756M exploit flaw

December 6, 2024 by DIGIT

Sky’s (formerly MakerDAO) use of externally owned accounts (EOAs) to manage $756 million in USDC reserves raises questions about security and transparency. Go to Source

Categories crypto fund management, decentralized finance, DeFi criticism, EOA security, Lite PSM, makerdao, Sky governance, Sky protocol, Sky rebrand, USDC reserves


Stay updated with the latest trends and expert analyses in cryptocurrency on Digit Info, your go-to site for auto-bookmarked crypto news and insights from top sites

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  • binancecoinBNB(BNB)$841.230.77%
  • rippleXRP(XRP)$1.871.29%
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  • bitcoinBitcoin(BTC)$87,697.000.29%
  • ethereumEthereum(ETH)$2,940.230.43%
  • tetherTether(USDT)$1.000.01%
  • binancecoinBNB(BNB)$841.230.77%
  • rippleXRP(XRP)$1.871.29%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$124.000.54%
  • tronTRON(TRX)$0.2835501.28%
  • staked-etherLido Staked Ether(STETH)$2,939.280.35%
  • dogecoinDogecoin(DOGE)$0.1239910.73%