Key Highlights: sUSDS currently records a reported price of $0 alongside zero trading volume over the trailing 24-hour window, pointing to an ongoing consolidation phase. The asset operates as a stablecoin tied to a variable, governance-set savings rate financed directly through the Sky protocol’s aggregate surplus. Market observers are tracking post-announcement user engagement and competitive ...
Key Highlights Galaxy has announced an investment into SkyEcosystem, aligning with its institutional strategy to support emerging financial blockchain technologies. SkyEcosystem’s price and trading volume have remained largely flat, but the backing could drive fresh market attention toward its platform and Peg Stability Module. Market participants are monitoring the partnership to observe how institutional involvement ...
Key Highlights: A missing access control vulnerability allowed an attacker to drain four separate 50 ETH batches left over from the historic Black Thursday event. Security firm CertiK verified the exploit origin, and the perpetrator laundered the extracted Ethereum in 10-ETH installments via Tornado Cash. Although the targeted keeper implementation contract was not an active ...