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SKN | Hanwha Invests $13M in ‘Seedless’ Crypto Wallet Developer to Expand Tokenization Push

Key Points • Hanwha Investment & Securities committed roughly $13 million to U.S.-based wallet infrastructure firm Kresus. • The funding will accelerate enterprise-grade...

SKN | Barry Sternlicht Says Starwood Is Poised for Asset Tokenization but Held Back by U.S. Rules

Key Points: Barry Sternlicht said his firm is prepared to tokenize real-world assets but faces regulatory roadblocks in the United States. Starwood Capital,...

SKN | OpenAI Launches EVMbench to Stress-Test Smart Contract Security, Bringing AI Into Crypto’s Risk Stack

OpenAI, led by Sam Altman, has introduced EVMbench, a benchmarking framework designed to evaluate whether advanced AI models can reliably detect vulnerabilities in...

SKN | Bitcoin Slides to $66,000 as Fed Minutes Signal Potential Rate Hike, Pressuring Risk Assets

Bitcoin fell to approximately $66,000 after the latest Federal Reserve minutes revealed that policymakers discussed the possibility of additional rate hikes should inflation...

SKN | Arthur Hayes Links Bitcoin Selloff to Looming AI Shock, Predicts Fed Liquidity Wave Could Spark New Highs

Bitcoin’s recent plunge may be an early warning sign of stress tied to an overheated artificial intelligence trade, according to Arthur Hayes, who...

Goldman Sachs CEO David Solomon Holds Minimal Bitcoin, Sees Tokenization as Finance’s Future

Key Points: David Solomon said he owns only a small amount of bitcoin but is closely monitoring the asset’s development. He framed crypto...

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    SKN | Crypto Fear Index Spikes Suggest Potential Inflection Point for Markets, According to Matrixport

    Crypto fear indicators have surged to levels rarely seen outside of major drawdowns, signaling that market psychology may be approaching an inflection point....

    SKN | Crypto.com Secures ISO AI Certification and Accelerates New Business Line Expansion

    Crypto.com has become the first digital asset platform to achieve the ISO/IEC 42001:2023 Artificial Intelligence Management System certification, a milestone that underscores its...

    SKN | Kraken Backs Trump Accounts in Wyoming, Citing State’s Crypto-Friendly Policies

    Key Points • Kraken will fund Trump Accounts for newborns in Wyoming under a state-level initiative. • The exchange cited Wyoming’s crypto-friendly regulatory...

    SKN | Bitcoin Climbs Above $69K on Softer US CPI, but Fed Rate-Cut Odds Remain Subdued

    Key Points: Bitcoin rose as much as 4% to reclaim the $69,000 level after January CPI came in below expectations. Core CPI cooled...

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    SKN | Hong Kong Approves First Crypto License Since June as SFC Expands Strict Regime

    Key Points: Hong Kong’s Securities and Futures Commission granted Victory Fintech a digital asset trading license. Victory is the first crypto platform approved...

    SKN | Bitcoin Could Slide Toward $10,000 if U.S. Recession Deepens, Warns Mike McGlone

    Bitcoin faces the risk of a substantial retracement should the United States enter a pronounced recession, according to Bloomberg Intelligence strategist Mike McGlone....

    SKN | Binance’s CZ Highlights Privacy Gap as Key Barrier to Mainstream Crypto Adoption

    Changpeng “CZ” Zhao, founder of Binance, echoed industry voices at a recent Consensus panel, arguing that insufficient privacy protections remain a major obstacle...

    SKN | Animoca Brands Secures Dubai License, Marking Strategic Regulatory Breakthrough

    Animoca Brands has obtained a new Dubai regulatory license, clearing a significant compliance milestone as the Web3 investor and gaming conglomerate deepens its...

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      Frequently Asked Questions

      What is cryptocurrency (crypto)?

      Cryptocurrency is a type of digital or virtual currency secured by cryptography. It exists on decentralized networks (often based on blockchain technology), meaning it’s not issued or controlled by a central authority like a bank or government.

      Blockchain is the underlying technology behind most cryptocurrencies. It’s a distributed, cryptographically-secure ledger (database) where transactions are recorded in “blocks.” Once validated and added, these blocks form a chain — hence “blockchain.” This design helps ensure transparency, security, and decentralization.

      People typically buy or trade cryptocurrencies on crypto exchanges or platforms that support crypto transactions. After buying, users store crypto in digital wallets (which can be online or offline). Note that because many cryptocurrencies are volatile, you should research and understand risks before investing.

      Cryptocurrency values are often driven by market demand, speculation, news, and overall sentiment. Because crypto lacks the stability and regulation of traditional fiat-backed assets and is relatively new compared to traditional financial instruments, price swings tend to be larger. This makes crypto both potentially rewarding — and risky.

      Cryptocurrencies come with several risks. Their values can be highly volatile, meaning prices can rise or fall rapidly. Also, crypto transactions are typically irreversible — if you send crypto to the wrong address or to a scammer, there’s usually no recourse. Furthermore, because the space can be under-regulated (depending on country and platform), there’s a higher risk of fraud or security issues. Many advise careful research and only investing what you’re willing to lose.

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