MakerDAO Rebrands as Sky Protocol, Launches New Tokens USDS and SKY

MakerDAO announces rebranding as Sky Protocol and will launch new stablecoin USDS and governance token SKY. USDS will replace the existing DAI stablecoin, with each DAI being exchangeable for USDS at a 1:1 ratio. The governance token SKY will be obtained through splitting, with each MKR being split into 24,000 SKY. This upgrade aims to promote the mass adoption of Decentralized Finance and simplify user experience.

Vitalik Buterin makes controversial remarks on Decentralized Finance, sparking community debate

Ethereum founder Vitalik Buterin recently made some controversial remarks about Decentralized Finance, suggesting that Decentralized Finance may have the suspicion of "Ponzi eyewash," which has sparked heated discussions in the encryption community. Some people believe that Vitalik's understanding of Decentralized Finance is biased and that Decentralized Finance plays an important role in the development of Ethereum.

prediction market is supported by Vitalik and is seen as a social cognitive tool

Vitalik Buterin defended the prediction market, and he believes that the prediction market predicts future trends by aggregating various views, and participants use knowledge and insights to trade, which helps to create collective wisdom and is an important social cognitive tool.

Japanese Prime Minister: Will improve the Web3Token usage environment and promote the revitalization of the content industry

Japanese Prime Minister Fumio Kishida stated at a Web3-themed event that the government will make efforts to improve the environment for the use of tokens related to Web3, promote the revitalization of payment and content industries, and consider user protection. He also mentioned that specific measures, including tax reforms, have been taken to help facilitate the smooth financing of Web3 startups.

Sony Layer 2 Network Soneium Announces Testnet Partnership List

Sony's Layer2 network Soneium has announced that its testnet Spark is now live and has released the initial list of partners. Technical partners include Astar Network, Optimism, while infrastructure partners include Alchemy Pay, Privy, etc. AstarTokenASTR and Astar zkEVM will also be extended to Soneium.

BTC briefly fell below $59,000, and the total market value of Crypto Assets fell below $2.2 trillion.

BTC fell below $60,000 and $59,000 in a short period of time, currently trading at $58,500, with a 24-hour decline of 7.7%. The total market capitalization of Cryptocurrency has also dropped below $2.2 trillion, currently at $2.179 trillion, with a 24-hour decline of 6.5%.

A certain Whale withdrew 31 million US dollars stablecoin from Aave and deposited it into exchange

According to the monitoring, the price of encryption assets has fallen recently, and a Whale has withdrawn $31 million worth of Stable Coin from Aave and deposited it into the exchange. The Whale has previously made similar operations, perhaps to Buy the Dips.

Cryptocurrency panic and greed index drops to 30, market sentiment turns to panic again

According to Alternative data, today's Cryptocurrency Fear and Greed Index dropped to 30, compared to 48 yesterday, and market sentiment has once again turned to fear. This index evaluates market sentiment through multiple indicators such as volatility, volume, and social media popularity.