Sky Reports Record $419M Revenue Run-Rate for June 2026
Cumulative sUSDS yield payouts topped $250 million as Grove launched its GROVE governance token and a new Fixed Yield product crossed $44.1 million in TVL.
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The post Sky Reports Record $419M Revenue Run-Rate for June 2026 appeared on BitcoinEthereumNews.com. Cumulative sUSDS yield payouts topped $250 million as Grove launched its GROVE governance token and a new Fixed Yield product crossed $44.1 million in TVL. Sky Frontier Foundation, the entity handling reporting for the Sky Ecosystem, disclosed a record $419.08 million annualized gross revenue run-rate in its June 2026 Financial & Operational Update, published Friday. Sky, formerly MakerDAO and now a $6.12 billion-TVL lending and stablecoin protocol per DefiLlama, also reported cumulative sUSDS savings-rate yield distributions surpassing $250 million since inception. The update, also summarized by Sky’s official X account, said the month brought “record revenue run rates” and “continued Sky Reserves growth.” Sky Reserves, the protocol’s onchain buffer asset holdings, reached $82.5 million, up $33.7 million since March, according to the forum post. Grove, a Sky-affiliated real-world-asse
Read full articleCumulative sUSDS yield payouts topped $250 million as Grove launched its GROVE governance token and a new Fixed Yield product crossed $44.1 million in TVL.
The post Arbitrum (ARB) Price Prediction 2026, 2027, 2028, 2029, 2030-2050 appeared on BitcoinEthereumNews.com. Bullish ARB price prediction for 2026 ranges from $0.25 to $0.35. ARB could hit $0.20 in 2026 with Robinhood Chain fee-sharing confirmed and March 2027 vesting completion removing monthly unlock pressure. The bearish ARB price prediction for 2026 is $0.07. Arbitrum hit an all-time low of $0.07067 in June 2026, down 97% from its $2.40 peak, while securing $18 billion in TVL across 100+ live Orbit chains including Robinhood’s new Layer 2. On July 9, Offchain Labs co-founder Steven Goldfeder announced 10% of fees from every Orbit chain plus 100% of Arbitrum One fees flow back to ARB tokenholders, sending the token up 13%. That gap between network performance and token price is the entire ARB story, and this price prediction covers whether the fee-sharing model finally closes it through 2050. What Is Arbitrum (ARB)? Arbitrum is Ethereum’s largest Layer-2 scaling solution, built b
The post A $1,000 investment in June’s top quantum computing IPO is now worth appeared on BitcoinEthereumNews.com. While Elon Musk’s other trillion-dollar company drew the bulk of attention, SpaceX (NASDAQ: SPCX) was not the only exciting technology stock to hit the public markets in June 2026. Specifically, the quantum computing company Quantinuum (NASDAQ: QNT) launched on June 4 with an initial public offering (IPO) price of $60 per share, which turned into $68 already at the morning bell but then dipped to $60.38 by the evening. At press time in the July 10 pre-market, however, QNT equity is worth substantially more: $74 following a 0.67% extended session rally from $73.51 at the latest close. Under the circumstances, $1,000 invested at either the IPO price or close to the June 4 closing bell would have turned into $1,233.30 for $233.30 in profits, simultaneously making it a superior investment to SpaceX stock. QNT stock price chart. Source: Google Still, despite offering a strong
The post Mapping SKY crypto’s path to $0.067 – Can bulls keep the rally alive? appeared on BitcoinEthereumNews.com. Sky [SKY] rallied 11% over the past day, extending a stretch of steady performance for the protocol. At press time, usage across the protocol ran high, generating $987,000 in fees over the past 24 hours, while volume peaked at $13.49 million within the same window. Notably, token volume has also trended higher, rising 5.78% to $23.25 million. Together, the price and volume gains point to strengthening performance, and several signals suggest SKY could extend the move. Can SKY rally toward $0.67? SKY could climb toward roughly $0.067, a level the token last touched in early June. The outlook rests on a recent chart formation, with SKY carving out an inverse head-and-shoulders pattern. An inverse head-and-shoulders typically forms ahead of a stronger move to the upside. The structure is still developing, but a clean break above the $0.050 neckline would open the door to a m
A look at new developments related to Lido V3 and stVaults for May and June 2026.
The post MemeCore (M) Plunges Hard Again, Bitcoin (BTC) Eyes $63K: Market Watch appeared on BitcoinEthereumNews.com. In contrast, ARB and SKY are today’s top performers, gaining around 9% each. Bitcoin’s relatively minor volatility sessions continued in the past 24 hours as the asset dipped below $62,000 again before it rebounded by over a grand, only to be halted again. Most larger-cap alts have remained sluggish on a daily scale, with ETH fighting for $1,750, while XRP is battling the $1.10 level. BTC Challenges $63K Following the painful start of the month when BTC slipped below $58,000 for the first time in almost two years, the cryptocurrency tried to stage a notable recovery that drove it to over $60,000 instantly and to $63,000 during the weekend. The bulls kept pressing the gas pedal, and bitcoin jumped to $64,000 at the start of the business week. However, Strategy’s bigger sale led to an immediate leg down to $61,200, where BTC found some support and rebounded sharply. In t
In contrast, ARB and SKY are today's top performers, gaining around 9% each.
The post GitHub Reports 6 Service Incidents in June 2026, Details Mitigations appeared on BitcoinEthereumNews.com. Darius Baruo Jul 08, 2026 20:23 GitHub faced six incidents in June 2026, impacting Copilot, API, and more, as AI-driven workloads strain infrastructure. GitHub revealed in its June 2026 availability report that the platform experienced six significant service incidents last month, impacting core features like Copilot, API services, and repository operations. The report outlines both causes and corrective actions as the company grapples with increasing infrastructure demands driven by AI workloads. The most critical disruptions included a June 4 failure affecting 81.6% of Copilot code review requests and a June 8 outage that caused 17% of unauthenticated user requests to fail. GitHub attributed the former to an unvetted dependency update and the latter to a spike in abusive automated traffic targeting specific endpoints. Other incidents spanned authenticat