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      Sky: Quarterly operating expenses dropped to $6.8 million, down from over $20 million a year ago

      PANews reported on October 16 that Sky released a video in which founder Rune Christensen said Sky's operating expenses this quarter have dropped to $6.8 million, compared with over $20 million a year ago.

      According to him, Sky's treasury management mechanism makes operating expenses more predictable and keeps them within a clearly defined range, while continuing to support protocol security, maintenance and development work.


      Source: PANews
      .

      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud