Golden Finance reports that the cross-chain asset swap protocol THORChain announced on platform X that the amount of RUNE token burning has exceeded 1 million, now reaching 1,000,286.92. Additionally, its retweeted post reveals that the new THORChain frontend is now live.

Odaily News Sky Protocol founder Rune announced that after the core simplification plan significantly dropped core expenses, the profit page has been updated, based on annualized calculations of costs over the past three months, and it shows real-time stable fee income and savings rate expenditures, with current annualized profits reaching 338 million dollars.

ChainCatcher news, Binance will suspend THORChain (RUNE) token deposits and withdrawals on August 29, 2025, at 00:00 to support its network upgrade and Hard Fork. The network upgrade is expected to occur at Block Height 22,598,000, scheduled for August 29, 2025, at 01:00. Users can continue to trade the related tokens normally, and Binance will assist in handling technical issues.

Jinse Finance reports that S&P Global has assigned a credit rating of "B-" to the issuer of USDS, Sky Protocol. According to Sky, this is the first time the rating agency has issued a credit rating for a stablecoin system. According to S&P's official website, a B rating means that the entity is more vulnerable to adverse business, financial, and economic conditions but still has the capacity to meet its financial obligations. The report points out that "Outlook Stable" but also states that the rating of Sky is constrained by its highly concentrated depositors, highly concentrated governance structure, and weaker risk-adjusted capital strength. S&P noted that although founder Rune Christensen holds 9% of the governance tokens, due to the low voting rate, Christensen has significant power in determining the future direction of Sky.

PANews July 24 news, according to Yujin monitoring, Rune, the co-founder of Sky (formerly MakerDAO), is using SKY staking rewards for buyback operations. Half an hour ago, he received staking rewards, including 1.9 million USDS and 10.378 million SPK (total value of approximately 1.3 million USD), and transferred them to the buyback address. Currently, Rune is repurchasing SKY Tokens by selling SPK.

Golden Finance reported that Rune, co-founder of Sky (formerly MakerDAO), stated on the X platform: "I think Hyperliquid is a great concept and a well-executed product, but I wonder, if someone wants to recreate this concept and use an Open Source stack that has built-in security and has been battle-tested, what would be the best option? OP/arbi stack? Or are there options with better performance that do not compromise on security and reliability?"

According to @EmberCN monitoring, Sky Lianchuang Rune spent 2.727 million USDS to buy back SKY again last night. Since June 4, it has used about 5.057 million USDS to repurchase 60.954 million SKY, with an average repurchase price of $0.083. The SKY proceeds from these buybacks have now been transferred to their staking address and staked.

Gate News bot message, Sky( co-founder of MakerDAO) Rune transferred 2 million USDS to the repurchase Address last night, which has all been repurchased into SKY. Since the 4th, he has cumulatively used 2.33 million USDS to repurchase 30.227 million SKY at an average price of 0.077 USD.

According to ChainCatcher news and analyst Yu Jin's monitoring, Sky co-founder Rune transferred 2 million USDS to the repurchase Address 30 minutes ago, and has now used 300,000 USDS to repurchase 3.96 million SKY. Since the 4th, he has cumulatively used 630,000 USDS to repurchase 8.29 million SKY, with an average price of approximately 0.076 USD.

Odaily News According to on-chain analyst Yu Jin's monitoring, Rune continues to buy back $SKY: 30 minutes ago, he transferred 2 million USDS to the buyback address and has already used 300,000 USDS to buy back 3.96 million SKY. Since the 4th, he has repurchased 8.29 million SKY using a total of 630,000 USDS, with an average price of $0.076.

PANews June 6 news, according to Yujin monitoring, Rune, co-founder of Sky (formerly MakerDAO), repurchased 4.33 million SKY worth about $330,000 using stake rewards in the past two days. Rune previously staked 3.16 billion SKY (about $229 million) and currently earns about 100,000 USDS daily as rewards. The repurchase price was approximately $0.076.

Sky (formerly MakerDAO) has proposed a protocol upgrade plan to transition from MKR to SKY, which will make SKY the sole governance token, support staking, and unlock USDS rewards. The co-founder praised it as a "huge milestone." Although USDS and SKY serve as upgrade tokens, DAI and MKR remain in circulation, allowing users to choose a gradual transition.

PANews reported on February 24th that Sky (formerly MakerDAO) co-founder Rune posted on X platform, stating that the Sky Smart Burn Engine has been activated, which will burn approximately 1 million USDS tokens daily.

Odaily Planet Daily News According to market data, RUNE (THORChain) pump broke through 1.4 USDT, now reported at 1.476 USDT, with a 24-hour increase of 17.61%.

Blockchain-native Stable Coin will become one of the most efficient payment methods in the global economy, as traditional payment systems struggle to keep up with the development of artificial intelligence, blockchain, and the internet of things. Sky Protocol's USDS Stable Coin seamlessly integrates with AI agents to optimize payments, savings, and overall financial management, making Blockchain-native Stable Coin an ideal choice. Artificial intelligence will increasingly serve as a bridge between TradFi and blockchain systems.

The THORChain network is contracting with 31 Nodes requesting to exit. To protect users from market Fluctuation, many partners have temporarily paused services. Nine Realms proposes to implement a priority reduction proposal, offering the choice to exit positions with a certain discount. Despite the network shrinking, there are still remaining Nodes and underlying Liquidity to continue generating income, advancing the orderly exit plan. Nine Realms commits to supporting the network to the best of its ability and will immediately initiate a Node operator vote to confirm the plan.

Golden Finance reported that THORChain's post on X platform is suspected to be a response to the recent rumor of network failure and fear, uncertainty and doubt. THORChain stated that the network processed a swap volume of 320 million USD in the past 24 hours. Despite the existence of fear, uncertainty and doubt, THORChain can still operate fully, including smooth operations for swap, LP deposits, withdrawals, and RUNE transfers.

Golden Finance reported that according to market data, THORChain (RUNE) has fallen below $2.3 and is now priced at $2.28, with a 24-hour decline.

Odaily Planet Daily News, Sky Co-founder Rune Christensen announced on X that the total supply of USDS has exceeded 60.