#ethreum Ethereum is on the verge of breaking its all-time high, currently trading less than 10% below its peak. Institutional interest in Ethereum has been steadily increasing, as evidenced by growing ETH holdings in exchange-traded funds and investment products. A successful breakout above the current resistance could trigger a wave of short liquidations, potentially accelerating the upward momentum. 💬 Is this the start of the long-awaited "flippening" where ETH outperforms BTC or will we see profit-taking cause a sharp pullback before new highs are sustained? 👉 Complete daily tasks on Task Center to earn Binance Points: • Create a post using #ETHRally , • Share your Trader’s Profile, • Or share a trade using the widget to earn 5 points! (Tap the “+” on the Binance App homepage and select Task Center) Activity Period: 2025-08-13 06:00 (UTC) to 2025-08-14 06:00 (UTC)
#ETHRally Ethereum is on the verge of breaking its all-time high, currently trading less than 10% below its peak. Institutional interest in Ethereum has been steadily increasing, as evidenced by growing ETH holdings in exchange-traded funds and investment products. A successful breakout above the current resistance could trigger a wave of short liquidations, potentially accelerating the upward momentum. 💬 Is this the start of the long-awaited "flippening" where ETH outperforms BTC or will we see profit-taking cause a sharp pullback before new highs are sustained? 👉 Complete daily tasks on Task Center to earn Binance Points: • Create a post using #ETHRally , • Share your Trader’s Profile, • Or share a trade using the widget to earn 5 points! (Tap the “+” on the Binance App homepage and select Task Center) Activity Period: 2025-08-13 06:00 (UTC) to 2025-08-14 06:00 (UTC)
S&P Global Issues Its First Credit Rating for a DeFi Protocol – Sky Receives B- In a historic milestone for decentralized finance (DeFi), S&P Global Ratings has issued its first credit rating for a DeFi protocol, assigning the Sky Protocol—formerly known as Maker Protocol—a rating of B- (Stable Outlook). This rating specifically applies to Sky's stablecoins—USDS, DAI, and their savings derivatives—placing them in the speculative grade category, approximately equivalent to the sovereign debt rating of the Republic of the Congo. S&P highlighted several areas of concern: centralized governance with founder Rune Christensen exerting significant influence, high risk of depositor concentration, weak risk-adjusted capital buffers (only 0.4%), and persistent regulatory and cyber vulnerabilities. On the other hand, the agency acknowledged Sky's resilience since 2020, evidenced by low credit losses, robust audits of smart contracts, bug bounty programs, and diversified liquidity reserves, including tokenized money market instruments.
#DeFiGetsGraded S&P Global Issues Its First Credit Rating for a DeFi Protocol – Sky Receives B- In a historic milestone for decentralized finance (DeFi), S&P Global Ratings has issued its first credit rating for a DeFi protocol, assigning the Sky Protocol—formerly known as Maker Protocol—a rating of B- (Stable Outlook). This rating specifically applies to Sky's stablecoins—USDS, DAI, and their savings derivatives—placing them in the speculative grade category, approximately equivalent to the sovereign debt rating of the Republic of the Congo. S&P highlighted several areas of concern: centralized governance with founder Rune Christensen exerting significant influence, high risk of depositor concentration, weak risk-adjusted capital buffers (only 0.4%), and persistent regulatory and cyber vulnerabilities. On the other hand, the agency acknowledged Sky's resilience since 2020, evidenced by low credit losses, robust audits of smart contracts, bug bounty programs, and diversified liquidity reserves, including tokenized money market instruments.
#CreatorPad CreatorPad is a new monetization platform launched by Binance on its social platform, Binance Square. It allows crypto content creators to earn rewards by completing tasks for crypto projects, such as creating content, using specific hashtags, following project accounts, or trading tokens. *Key Features:* - *Task Completion*: Creators can earn rewards by completing tasks set by crypto projects - *Content Creation*: Creators can produce content to showcase their expertise and earn rewards - *Project Promotion*: Crypto projects can leverage CreatorPad to launch customized campaigns and grow their communities - *Rewards*: Creators can earn token rewards for their contributions *Benefits:* - *Monetization Opportunities*: Creators can earn rewards for their content and engagement - *Increased Visibility*: Creators can increase their visibility and reach a broader audience - *Community Growth*: Crypto projects can grow their communities and increase engagement *Getting Started:* To get started with CreatorPad, users can access the platform through Binance Square and begin completing tasks or creating content to earn rewards.¹ ² $SOL SOL 174.78 -4.03%