DeFi lending protocol Sky to drop wrapped Bitcoin after governance vote
The vote was passed with 88% in favor of offloading WBTC collateral from the Sky lending platform.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The vote was passed with 88% in favor of offloading WBTC collateral from the Sky lending platform.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
European soccer leaders rally behind Belgium against FIFA as crypto-sports ties face collateral damage
The controversy may erode trust in FIFA's governance and impact the burgeoning crypto-sports partnerships, affecting fan engagemen...
Bitcoin’s 14% Q2 drop came as stablecoin market contracts for first time since 2023
Bitcoin’s second-quarter slide unfolded alongside a rare contraction in the stablecoin market, adding another sign that crypto liq...
US labor force participation rate drops to lowest since December 2023, and crypto markets see opportunity
The drop in labor force participation may prompt the Fed to ease monetary policy, potentially boosting risk assets like cryptocurr...
Hyperliquid sees $116M net inflows in 24 hours, boosts DeFi liquidity
The surge in Hyperliquid's inflows highlights growing confidence in DeFi's potential, potentially reshaping market dynamics and in...
Kraken lets traders use tokenized stocks as collateral for leveraged trades
Eligible users can now use select tokenized stocks and ETFs as collateral for futures and margin trading without selling their hol...
Tokenized $COIN now available on Robinhood Chain as platform bridges equities and DeFi
The integration of tokenized equities on Robinhood Chain could revolutionize global trading by enabling 24/7 market access and new...