Cryptocurrency
SKN | FASB Proposes Rules for When Stablecoins Could Qualify as Cash Equivalents
The Financial Accounting Standards Board has proposed guidance clarifying when certain stablecoins and other digital assets could qualify as cash equivalents under US...
SKN | SEC Proposes New Crypto Rules as CLARITY Act Stalls in Congress
The US Securities and Exchange Commission has proposed new cryptocurrency rules after Congress failed to advance the CLARITY Act before its August recess....
SKN | Bitcoin Miners’ AI Pivot Pays Off, but Mining Could Revive With One Twist
Key Points: • Bitcoin miners that shifted into artificial intelligence and high-performance computing have significantly outperformed pure-play mining companies as declining Bitcoin prices...
SKN | Citi Plans Bitcoin Custody for Institutional Clients Later This Year
Key Points: • Citigroup plans to begin offering Bitcoin custody later this year through its new Custody+ platform, allowing institutional clients to hold...
SKN | OCC Approves Trump Family Crypto Company for National Trust Charter
The US Office of the Comptroller of the Currency conditionally approved World Liberty Financial’s application for a national trust bank charter, allowing the...
SKN | Alleged $165M Crypto Ponzi Mastermind Faces US Charges After Fiji Deportation
Edward Zimbardi, the alleged mastermind of a $165 million cryptocurrency Ponzi scheme, was deported from Fiji to the United States to face federal...
SKN | Harmony Plans Rollback, Wiping 109,000 Transactions After ONE Exploit
Key Points: • Harmony plans to roll back its blockchain to Aug. 11 following an exploit that created forged ONE tokens, discarding 109,126...
SKN | Strategy Raises $334M Through Stock Sales but Buys No Bitcoin
Key Points: • Strategy raised approximately $333.7 million through common stock sales between Aug. 10 and Aug. 16 but made no Bitcoin purchases...
Don't Miss
SKN | Standard Chartered and SBI Back Crypto Insurer Soter as Funding Reaches $23.5 Million Plus BTC and ETH
Key Points: Soter Insure has attracted strategic investment from SC Ventures, Standard Chartered’s innovation and investment arm, and Japan’s SBI Group in the...
SKN | Who Is TraderTraitor? The North Korean Hacking Group Behind the $6.3 Billion Binance Heist
Key Points: The FBI attributed the October 29, 2026, Binance theft of approximately $6.3 billion to TraderTraitor, a North Korean-linked hacking operation associated...
