Business

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472 Articles
Business

SKN | Allbirds Surges 400% After Pivot to AI Computing, Highlighting Market Shift Toward Infrastructure Plays

Allbirds has announced a dramatic strategic pivot away from its core footwear business toward AI computing infrastructure, triggering a sharp market reaction that...

Business

SKN | Nauru Accelerates Digital Asset Strategy with Appointment of Crypto Entrepreneur Dadvan Yousuf as Trade Commissioner

Nauru is shifting from regulatory groundwork to active market promotion of its digital asset sector, appointing crypto entrepreneur Dadvan Yousuf as international trade...

Business

SKN | Polymarket Acquires Brahma to Scale DeFi Infrastructure and Expand On-Chain Trading Capabilities

Polymarket has announced the acquisition of Brahma, a DeFi infrastructure platform, as it looks to scale its on-chain trading stack and enhance execution...

Business

SKN | Marc Andreessen Dismisses AI Job Loss Fears as “Fake,” Predicts Massive Employment Boom

Key Points Marc Andreessen argues AI will drive a surge in productivity and job creation despite widespread concerns about automation US labor data...

Business

SKN | Bitcoin Holds Tight 50-Day Range as Market Structure Defies Bear Flag Narrative

Bitcoin has traded within a narrow range for nearly 50 days, consolidating between key support and resistance levels without confirming a traditional bear...

Business

SKN | Mastercard Acquires BVNK Infrastructure Instead of Launching Its Own Stablecoin

  Mastercard is taking a strategic approach to digital finance by acquiring BVNK, a stablecoin infrastructure provider, for up to $1.8 billion rather...

Business

SKN | GSR Acquires Autonomous and Architech in $57M Deal to Build Integrated Crypto Capital Markets Platform

Crypto trading and investment firm GSR has acquired advisory companies Autonomous and Architech in a combined $57 million transaction, marking a strategic push...

Business

SKN | Sam Altman’s World Partners With Coinbase to Verify Human Identity Behind AI Transactions

World, the digital identity initiative linked to Sam Altman, has partnered with Coinbase to develop systems that verify a real human identity behind...

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SKN | Bitcoin Breaks Above $72,000 as Ceasefire Optimism Fuels Risk-On Momentum

Bitcoin surged past the $72,000 level, extending its recent rally as optimism surrounding a potential Middle East ceasefire boosted global risk sentiment. The...

SKN | Global Crackdown Freezes $12M in Crypto Scam Funds Under Operation Atlantic

Key Points: Authorities froze over $12 million tied to crypto scams. Operation Atlantic identified more than 20,000 victims globally. Focus centered on approval...

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