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SKN | Boris Johnson Calls Bitcoin a “Ponzi,” Drawing Sharp Rebuttal From Michael Saylor and Crypto Leaders

Former UK Prime Minister Boris Johnson recently sparked debate in the digital asset industry after describing Bitcoin as a “Ponzi scheme”, a characterization...

SKN | Wall Street Pushes Tokenized Stocks, but Institutional Trading Demand Remains Limited

Major financial institutions are accelerating efforts to launch tokenized stocks, aiming to bring traditional equities onto blockchain-based trading platforms. Despite growing infrastructure and...

SKN | Ethereum Foundation Sells 5,000 ETH to Tom Lee’s BitMine in $10.2M Deal, Highlighting Institutional Appetite for Ether

The Ethereum Foundation has sold approximately 5,000 ether (ETH) to BitMine, a crypto investment firm associated with investor Tom Lee, in a transaction...

SKN | Circle Overtakes BlackRock in Tokenized Treasuries as Market Surpasses $11B

Key Points: • Circle’s USYC token has become the largest tokenized U.S. Treasury product with about $2.2 billion in supply. • The token...

SKN | USDC Surpasses USDT in Transaction Volume as Stablecoin Competition Intensifies

Key Points: • Circle’s USDC has overtaken Tether’s USDT in adjusted year-to-date transaction volume, according to Mizuho analysts. • USDC recorded roughly $2.2...

SKN | Arthur Hayes Says Strong Revenue and Trading Activity Could Lift HYPE Toward $150

Arthur Hayes, co-founder of the cryptocurrency exchange BitMEX and a prominent market commentator, has suggested that HYPE, the native token associated with the...

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    SKN | MediaTek Fixes Security Flaw That Could Expose Crypto Seed Phrases in Seconds

    Key Points MediaTek patched a vulnerability that could allow attackers to steal crypto seed phrases from smartphones in under a minute. The flaw...

    SKN | Metaplanet Launches Venture Arm to Expand Bitcoin Ecosystem in Japan

    Key Points Metaplanet has launched Metaplanet Ventures to fund and incubate Bitcoin ecosystem startups in Japan. The new venture firm will support projects...

    SKN | Bitcoin Climbs Back Above $70K After U.S. Inflation Data Meets Expectations

    Key Points • Bitcoin moved back above $70,000 after U.S. inflation data came in line with expectations. • Oil prices stayed below $90...

    SKN | Wells Fargo Moves Deeper Into Crypto With New WFUSD Trademark Filing

    Key Points Wells Fargo filed a trademark for WFUSD, suggesting plans for new crypto and blockchain services. The filing mentions cryptocurrency payments, digital...

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    SKN | Ghana Launches Crypto Trading Sandbox With 11 Firms Under New VASP Regulatory Framework

    Ghana has introduced a cryptocurrency trading sandbox that will allow 11 digital asset firms to operate under a supervised regulatory environment as part...

    SKN | Bitcoin Slips on Iran War Uncertainty While AI Tokens Rally Amid Sector Rotation

    Bitcoin (BTC) declined amid rising uncertainty surrounding the Iran conflict, as investors shifted toward alternative sectors within the digital asset market. At the...

    SKN | Foundry Plans Institutional Zcash Mining Pool, Expanding Privacy-Coin Infrastructure

    Foundry, one of the largest Bitcoin mining pool operators and a subsidiary of Digital Currency Group, plans to launch an institutional-grade mining pool...

    SKN | Bitcoin’s Bull Turn Paused? Arthur Hayes Says He Wouldn’t Wager $1 on BTC Right Now

    Key Takeaways Former BitMEX CEO and long-time Bitcoin bull Arthur Hayes cautions against betting on BTC at current levels, signaling broader market caution....

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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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