Sky DeFi Protocol Drops Wrapped Bitcoin Following Governance Vote
The vote passed with 88% of participants supporting offloading WBTC collateral from the Sky lending platform.
Sep 20, 2024
Fhumulani Lukoto
Cryptocurrency JournalistFhumulani Lukoto holds a Bachelors Degree in Journalism enabling her to become the writer she is today. Her passion for cryptocurrency and bitcoin started in 2021 when she began producing content in the space. A naturally inquisitive person, she dove head first into all things crypto to gain the huge wealth of knowledge she has today. Based out of Gauteng, South Africa, Fhumulani is a core member of the content team at Coin Insider.
All posts by Fhumulani Lukoto
Louisiana’s First Cryptocurrency Payment via Bitcoin Lightning Network
Louisiana's now accepting crypto for state services, with Wildlife and Fisheries making the first payment.
Sep 19, 2024
Australia’s Central Bank Launches 3-Year Program for Wholesale CBDC
RBA Assistant Governor Brad Jones stated that the potential advantages of a retail CBDC in Australia must be improved.
Sep 18, 2024
Bhutan Holds Twice as Much Bitcoin as El Salvador, Says Arkham
Druk Holdings, Bhutan's investment arm, possesses over 13,000 BTC, more than twice the amount held by El Salvador.
Sep 17, 2024
Circle Partners with Sony’s Blockchain Lab to Drive USDC Expansion
The company aims to establish its stablecoin as the standard for Web3 creators on Sony's new layer-2 blockchain.
Sep 16, 2024
UAE Central Bank Approves Custodial Risk Insurance for Digital Assets
OneDegree executive suggested that the insurance protects Web3 asset managers from the risk of losing customer funds.
Sep 13, 2024
Sky Mulls Dropping Wrapped Bitcoin Amid Concerns Over Justin Sun Ties
The team behind Sky, plans to drop WBTC due to alleged recent changes in ownership as they believe may involve Justin...
Sep 13, 2024
UK Government Introduces Bill to Clarify Crypto’s Legal Status
The proposed legislation would establish a new category of property under UK law, defining digital assets as "things."
Sep 12, 2024
Australian Crypto Investors Await Clearer Regulations: Insights from Swyftx CEO
Swyftx, a crypto exchange, estimates that if regulations are established, two to six million Australians could enter...
Sep 11, 2024
North Carolina Senate Overrides Governor’s Veto to Pass Federal CBDC Ban Bill
In a Senate vote to override the veto, 12 Democrats who initially supported North Carolina's bill to ban CBDCs switched...
Sep 10, 2024
Japanese Power Giant TEPCO Explores ‘Green’ Bitcoin Mining
The company aims to prevent the waste of renewable energy caused by curtailment and encourage the broader adoption of...
Sep 9, 2024
Fractal Bitcoin: The Impact on Mining Revenues — A Boon or a Bane?
In August 2024, Bitcoin mining revenue hit its lowest point since September 2023, generating $827.56 million in fees.
Sep 6, 2024