Sky Protocol repurchased 11.25 million SKY last week
Sky Protocol stated on social media that it had used 680,000 USDS to repurchase 11.25 million SKY last week, and so far more than 79 million USDS have been used to repurchase SKY tokens.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Zcash Halving 2025 and What It Means for the Future of Privacy-Focused Cryptocurrency
- Zcash's 2025 halving reduced block rewards by 50% and locked 12% of new supply via ZIP 1015, enhancing its deflationary model. - The event triggered a 942% price surge to $526.48 but saw rapid 4.2% declines as traders cashed profits amid market volatility. - Institutional adoption grew with $137M from Grayscale, yet regulatory scrutiny and liquidity risks persist for privacy-focused assets. - Upcoming 2028 halving aims to match Bitcoin's 1% inflation rate, but success depends on balancing privacy with co

The Increasing Significance of ICP Network Expansion within Web3 Infrastructure: Targeted Investments in Scalable and Decentralized Networking Solutions
- ICP Network's 2025 Fission/Stellarator upgrades enable 11,500 TPS and Bitcoin/Ethereum interoperability, attracting $1.14B in TVL and partnerships with Microsoft/Google. - ICP's Internet Identity system and UN's "Universal Trusted Credentials" initiative demonstrate decentralized identity's role in digitizing SME finance and cross-border commerce. - Tokenized RWAs on ICP reached $33B in 2025, with Hamilton Lane's fund and Protium upgrade addressing institutional needs for regulatory compliance and blockc

Merriam-Webster selects ‘slop’ as its word of the year
Lightspeed secures an unprecedented $9 billion in new funding
