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SKN | USDC Overtakes Tether in Transfer Activity as Stablecoin Volume Hits $1.8 Trillion Record

USD Coin (USDC) has surpassed Tether (USDT) in transfer activity as stablecoin transaction volume reached an all-time high of $1.8 trillion. The milestone...

SKN | Grok’s Viral Roasts of Musk, Netanyahu and Starmer Highlight AI Governance Debate in Tech and Crypto Circles

Grok, the artificial intelligence chatbot developed by xAI, recently went viral after delivering a series of blunt and controversial responses directed at high-profile...

SKN | Bitcoin Slips Below $68,000 as Dollar Posts Biggest Weekly Surge in a Year

Bitcoin (BTC) fell below the $68,000 level heading into the weekend as the U.S. dollar recorded its steepest weekly gain in over a...

SKN | Bitcoin Struggles to Hold $70K Despite Surge of Institutional Tailwinds

Key Points Bitcoin failed to sustain levels above $70,000 even after a series of major institutional developments across the crypto sector. A stronger...

SKN | Binance Tells U.S. Senate Probe No Accounts Sent Crypto Directly to Iran

Binance told U.S. lawmakers that its internal investigations found no accounts on the exchange sending cryptocurrency directly to Iran, responding to concerns raised...

SKN | Bitcoin Retreats After Brief Surge to $74,000 as Traders Rapidly Lock in Profits

Bitcoin (BTC) briefly climbed to nearly $74,000 before retreating as traders moved quickly to secure profits following the short-lived rally. The rapid pullback...

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    Finance

    SKN | Tether Ventures Into AI Health Tech With $1.5B Investment in Sleep Tracking Firm

    Tether Ventures Into AI Health Tech With $1.5B Investment in Sleep Tracking Firm Tether, the issuer of the world’s largest stablecoin, has made...

    SKN | Bitcoin Acts as Real-Time Market Barometer During Weekend Geopolitical Shocks

    Key Points Bitcoin reacted instantly to US-Israeli strikes on Iran while traditional markets were closed. Crypto’s 24/7 trading increasingly serves as a real-time...

    SKN | Bitcoin Holds Near $67K as Ether and Solana Slip Amid Middle East Tensions

    Key Points Bitcoin continues to struggle to hold the $70,000 level, trading around $67,600 during Asian hours. Altcoins including Ether, Solana, Cardano and...

    SKN | Morgan Stanley Selects Coinbase and BNY Mellon for Custody in Proposed Bitcoin ETF

    Morgan Stanley has reportedly chosen Coinbase and BNY Mellon as custody partners for a proposed Bitcoin exchange-traded fund (ETF), highlighting the continued integration...

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    SKN | Bitcoin Surges Above $71,000 as Market Shrugs Off Middle East Conflict

    Bitcoin (BTC) climbed above $71,000, extending its recent rally despite escalating tensions in the Middle East. The move highlights the cryptocurrency’s growing resilience...

    SKN | Kraken Reportedly Becomes First Crypto Firm to Secure Federal Reserve Master Account Access

    Kraken has reportedly become the first cryptocurrency company to obtain access to a Federal Reserve master account, according to a report by The...

    SKN | Australia Could Miss $17B Digital Asset Opportunity Without Clear Crypto Rules

    Key Points Australia could unlock about $17 billion annually from digital assets and tokenized markets by 2030. Regulatory uncertainty and limited testing frameworks...

    SKN | South Korea Halts Trading After 10% Index Plunge on Middle East Crisis — Crypto Markets Brace for Volatility Shift

    South Korean equities triggered trading curbs after benchmark indexes plunged more than 10% in a single session, reflecting a sharp risk-off move tied...

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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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