Crypto Briefing·
The S&P credit rating for Sky Protocol could pave the way for increased institutional investment in DeFi, despite inherent risks. The post Sky ecosystem becomes first DeFi protocol to receive an S&P credit rating appeared first on Crypto Briefing.
Read full articleDeFi protocol Echo Protocol, which runs on the Monad blockchain, was compromised when an attacker minted around 1,000 eBTC without authorization. On Tuesday, the hacker created 1,000 synthetic Bitcoin (eBTC) with a value of around $76.7 million; both Lookonchain and analytics platform and blockchain security company PeckShield reported this. Echo Protocol said on Tuesday: “We
Spark has released a comprehensive risk framework for the Sky Agent Network, detailing how losses are absorbed and risk is bounded across Spark Savings, SparkLend, and the Spark Liquidity Layer.
Osero's funding and innovative approach could reshape DeFi by enhancing stablecoin yield options, potentially attracting more mainstream adoption. The post Osero raises $13.5M led by Sky Ecosystem to build stablecoin savings on Plasma appeared first on Crypto Briefing.
Stablecoin yield startup Osero is also launching with access to a $2.5B USDS credit facility extended by Sky Ecosystem.
