Galaxy Digital has received a $460 million private investment to transform its former bitcoin mine in Texas into a massive artificial intelligence data center. The deal involves the acquisition of 12.77 million Class A shares at $36 per share, with proceeds earmarked for general corporate use and expansion of its Helios campus, expected to provide 133 trillion watts of IT capacity in early 2026, it announced on Friday. The deal is expected to close around October 17, 2025, pending approval from ...
MakerDAO rebranded Sky on X, saying that USDS and SKY have been launched on Ethereum, as well as the DeFi function supported by the decentralized Sky protocol, which can be used on the official website. Currently, it includes functions such as upgrading DAI and MKR to USDS and SKY, trading cryptocurrencies as USDS or SKY, receiving SKY token rewards, and storing USDS.
September 13 news, according to a governance article on Thursday, MakerDAO rebranding Sky will vote to completely remove wBTC from its ecosystem, which could be a major development for DeFi as the platform has $200 million of wBTC mortgages. On Thursday, BA Labs proposed to gradually divest all of wBTC's mortgage asset exposure in five steps, with the first beginning on September 26. Each step will be voted on. "We found that legal due diligence could not provide sufficient assurance," BA Labs s...
MakerDAO rebranded Sky on X issued a statement saying that Sky function will be launched on September 18, welcome customer engagement SkyLaunchParty.
MakerDAO rebranded Sky on the X platform, saying that SparkLend will become the first Stars (formerly known as subDAO) to issue coins. Subject to governance approval, the SparkLend token SPK will be distributed through Sky Token Rewards to eligible users who deposit (stablecoin) USDS (acquire new tokens) each time a new Star token is issued. SPK Pre-Farming has been running for over a year, and SparkLend users are able to receive pre-assignments, which will be available upon SPK launch.