Three leading Web3 security companies—Certora, Cork, and Hypernative—have formed a strategic partnership to establish unprecedented security standards for decentralized finance. This collaboration combines Certora’s formal verification expertise with Hypernative’s real-time threat monitoring to create an institutional-grade security framework for Cork’s risk-management infrastructure. The initiative responds directly to alarming FBI data showing $9.3 billion in crypto fraud losses during 2024, representing a 66% year-over-year increase that underscores the urgent need for more sophisticated security solutions in the rapidly expanding Web3 ecosystem.
about Certora, Cork, Hypernative Partner for Web3 SecurityMaker
0 posts last weekUSDD Expands to Ethereum with 12% APY Airdrop & sUSDD Plans
USDD, the decentralized stablecoin, has launched natively on Ethereum with audited contracts and a promotional airdrop offering up to 12% APY. The expansion marks a strategic move toward multi-chain interoperability and enhanced transparency in DeFi. Next on the roadmap is sUSDD, a savings-focused token designed for on-chain growth, positioning USDD to capitalize on the $260 billion stablecoin market’s evolution beyond simple trading instruments into sophisticated financial tools.
about USDD Expands to Ethereum with 12% APY Airdrop & sUSDD PlansSky Protocol’s $75M Buyback Boosts Token 8%
Sky Protocol has executed a substantial token buyback initiative, spending $75 million in USDS stablecoins to repurchase its native SKY tokens since February 2024. The program, which began shortly after the rebrand from Maker, has coincided with an 8% price increase for SKY over the six-month period. In August alone, the protocol deployed 5.5 million USDS to acquire 73 million tokens, demonstrating continued commitment to the buyback strategy. This approach represents a significant treasury management decision that appears to be supporting token valuation while reducing circulating supply.
about Sky Protocol's $75M Buyback Boosts Token 8%Japan to Approve Yen-Backed Stablecoins Led by JPYC
Japan’s Financial Services Agency (FSA) is reportedly preparing to approve yen-denominated stablecoins, with JPYC leading the initiative. The Tokyo-based fintech firm will soon complete registration as a money transfer business, a prerequisite for issuing its digital yen. The stablecoins will be pegged at a fixed rate of one yen per unit, backed by liquid holdings such as commercial bank deposits and Japanese government bonds. JPYC’s adoption could mirror trends in the U.S., where stablecoin issuers have become major buyers of Treasurys. The move aligns with global stablecoin growth, now exceeding $286 billion, and follows Circle’s recent launch of USDC in Japan. Governments slow to adopt stablecoin frameworks may face higher public debt costs, warns a JPYC representative.
about Japan to Approve Yen-Backed Stablecoins Led by JPYCCrypto.com Review: Features, Benefits & CRO Token
Crypto.com, founded in 2016, is a global cryptocurrency platform with 10M+ users, offering a full ecosystem including trading, staking, lending, and payments. Its native CRO token powers the Crypto.org Chain and provides benefits like discounted fees and higher earnings. Key products include Crypto Earn (up to 6.5% APY), Crypto Credit (instant loans up to 50% LTV), and the Crypto.com Visa Card. The platform also features a non-custodial DeFi wallet, DeFi Swap, and a secure exchange with margin and derivatives trading. With multi-tier security and extensive customer support, Crypto.com is a one-stop solution for crypto enthusiasts.
about Crypto.com Review: Features, Benefits & CRO TokenCoinbase Adds Sky (SKY) & USDS to DeFi Offerings
Coinbase has announced the listing of Sky (SKY) and its associated stablecoin USDS, marking a significant addition to its DeFi portfolio. Formerly known as MakerDAO, Sky rebranded in August 2024 as part of its ‘Endgame’ strategy to foster growth and broader adoption. Despite the listing, SKY saw only a modest 3% price increase, while USDS remained pegged to the US dollar. Analysts suggest the rebrand aims to attract traditional finance users, though challenges in community acceptance persist. This strategic shift underscores MakerDAO’s ambition to strengthen DeFi’s resilience and accessibility.
about Coinbase Adds Sky (SKY) & USDS to DeFi OfferingsSky Protocol Launches SKY Token on Optimism for DeFi Growth
Sky Protocol has officially launched its SKY token on the Optimism network, marking a significant step in its DeFi strategy. The SKY token replaces MKR in the Sky DAO, offering staking rewards and governance rights, with a 50% revenue share for stakers. The protocol’s USDS stablecoin has already surpassed DAI in circulation, reaching 9 billion in early 2025. Sky DAO is also tightening its governance structure with stricter rules and regular updates. The Optimism launch provides faster, cheaper transactions, boosting SKY’s adoption and trading volume, which hit $11 million daily. This positions Sky Protocol as a major player in the evolving DeFi landscape.
about Sky Protocol Launches SKY Token on Optimism for DeFi GrowthBitcoin Hits $107K as HYPE Reaches New All-Time High
Bitcoin (BTC) has climbed back above $107,000, recovering from a sharp drop triggered by geopolitical tensions between Israel and Iran. The cryptocurrency initially faced rejection at $110,000 mid-week before plummeting to under $103,000 after Israel’s missile strike on Iran. Despite ongoing tensions, BTC regained ground, pushing its market cap to $2.130 trillion. Meanwhile, HYPE stole the spotlight with another all-time high near $45, while altcoins like Solana (SOL) and Ethereum (ETH) posted strong gains. The total crypto market cap surged by $80 billion in 24 hours, reaching $3.460 trillion, signaling renewed bullish momentum.
about Bitcoin Hits $107K as HYPE Reaches New All-Time HighStablecoins Drive Crypto Mainstream Adoption: Coinbase Report
Coinbase’s Q2 2025 State of Crypto report reveals stablecoins as the dominant force in crypto adoption, with 81% of SMBs and tripled Fortune 500 interest compared to 2024. Stablecoin transfer volume hit $27.6 trillion in 2024, surpassing Visa and Mastercard combined. Regulatory clarity, such as the GENIUS Act and South Korea’s Digital Asset Basic Act, is seen as critical for further innovation. The stablecoin market is dominated by Tether (61% share) and Circle (24%), with global supply growing 54% year-over-year. Despite progress, Europe lags due to ECB’s CBDC focus and tight monetary controls.
about Stablecoins Drive Crypto Mainstream Adoption: Coinbase ReportT-Mobile Denies Alleged Data Breach of 64M Records
Cybercriminals have allegedly posted a massive trove of T-Mobile customer data on a dark web forum, containing full names, dates of birth, tax IDs, and more. While researchers note similarities to past breaches, T-Mobile insists the data is unrelated to its systems. The incident coincides with a $350 million payout to customers from a 2021 breach settlement, heightening scrutiny over the company’s cybersecurity practices. If verified, the leak could expose millions to fraud and targeted attacks.
about T-Mobile Denies Alleged Data Breach of 64M RecordsSky Proposes Final MKR to SKY Token Migration
Sky has proposed the final steps to migrate its governance token from MKR to SKY, marking a significant shift in its decentralized finance ecosystem. The plan includes a fixed conversion rate of 1 MKR to 24,000 SKY, with penalties for late swaps starting September 18. A new smart contract will enforce the one-way migration, disable reversals, and introduce staking rewards tied to Sky’s stablecoin, USDS. Half of the protocol’s revenue will be distributed to SKY stakers, aligning with Sky’s goal of eliminating fixed costs by 2025. The proposal follows strong community support for the rebrand from Maker to Sky, with 79% backing the new identity in a November vote.
about Sky Proposes Final MKR to SKY Token MigrationTrump Memecoin Surges 52% After Exclusive Dinner Announcement
The TRUMP memecoin experienced a 52% price surge after former US President Donald Trump announced an exclusive dinner for its top holders. Despite the rally, skepticism remains due to the token’s high founder allocation (80%) and lack of fundamental utility compared to established projects like Arbitrum and Maker. TRUMP’s $2.6B market cap and $700M futures open interest suggest speculative interest, but analysts question its sustainability without addressing token unlocks or real-world use cases. The memecoin’s trading volume remains high, but its premium over utility-driven cryptocurrencies may not hold without further adoption or Trump’s continued endorsement.
about Trump Memecoin Surges 52% After Exclusive Dinner Announcement