Business
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SKN | Meta Loses $175 Billion in Market Value as Rising AI Costs Trigger Investor Repricing
Meta Platforms saw approximately $175 billion wiped from its market capitalization after updated projections revealed significantly higher-than-expected spending on artificial intelligence infrastructure. The...
SKN | Meta Introduces Stablecoin Payouts for Creators, Expanding Blockchain Use in Digital Monetization
Meta has unveiled a new system enabling creator payouts in stablecoins, marking a significant shift in how digital platforms compensate content producers. The...
SKN | Visa Partners with Tether Co-Founder to Develop Onchain Banking Infrastructure
Visa is collaborating with a Tether co-founder to build a new generation of onchain banking solutions, signaling a major step in the convergence...
SKN | DoorDash Integrates Stablecoin Payments via Stripe-Backed Blockchain, Expanding Real-World Crypto Utility
DoorDash is moving to integrate stablecoin payments into its platform through a Stripe-backed blockchain infrastructure, marking a significant step toward mainstream adoption of...
SKN | Revolut Eyes $200 Billion IPO Valuation Months After $75 Billion Share Sale, Signaling Fintech-Crypto Convergence
Revolut is reportedly targeting a $200 billion IPO valuation, just months after completing a $75 billion secondary share sale, underscoring accelerating growth ambitions...
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...
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...
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...
Don't Miss
SKN | Bitcoin Holds Above $63,000 as Fresh US Strikes on Iran Fail to Shake Crypto Markets
Key Points Bitcoin remained near $63,800 after the United States launched a third round of military strikes against Iran this week. Iran again...
SKN | Bitcoin Leaders Michael Saylor and Adam Back Reject BIP-110 Ordinals Restriction Proposal
Key Points Strategy Executive Chairman Michael Saylor and Blockstream CEO Adam Back have publicly opposed Bitcoin Improvement Proposal (BIP)-110, which seeks to temporarily...
