Cryptocurrency
SKN | SEC’s Hester Peirce Says Crypto Vaults and Onchain Lending May Be Subject to Securities Laws
Key Points: SEC Commissioner Hester Peirce said certain crypto vaults and onchain lending products could fall under US federal securities laws depending on...
SKN | Balance Coin Collapses 99% After Reported $915,000 Exploit Hits Protocol
Key Points Balance Coin (BLC) plunged more than 99% after a reported $915,000 exploit targeting the Balance Protocol ecosystem. Blockchain security researchers linked...
SKN | Bitcoin Climbs Above $66,000 as Breakout Sparks Strongest Rally in a Month
Key Points: Bitcoin climbed above $66,300, reaching its highest level in more than one month after breaking key resistance. Traders are targeting further...
SKN | Augustus Raises $180 Million to Build Banking Infrastructure for AI and Stablecoin Payments
Key Points: Augustus has raised $180 million in new funding, reaching a valuation of $1 billion. The company aims to build a next-generation...
SKN | Celsius Co-Founders Ordered to Pay Over $6 Million in FTC Settlement
Key Points Celsius co-founders Shlomi Daniel Leon and Hanoch “Nuke” Goldstein have agreed to pay more than $6 million to settle Federal Trade...
SKN | Bitcoin Holds Firm Despite Tech Sell-Off as Markets Watch for Potential Move Toward $70,000
Key Points: Bitcoin has remained resilient despite a broad sell-off in technology and artificial intelligence stocks, reinforcing signs of market decoupling. Derivatives data...
SKN | Japanese Logistics Firm Plans JPYC Stablecoin Payments for Thousands of Drivers
Key Points AZ-COM Maruwa Holdings plans to use the JPYC stablecoin to pay approximately 2,300 transportation contractors across Japan. The initiative is expected...
SKN | Allbridge Halts Cross-Chain Bridge After $1.65 Million Flash Loan Exploit
Key Points Allbridge has paused its Allbridge Core protocol following a security incident that resulted in approximately $1.65 million in losses. The attacker...
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SKN | Asian Crypto Exchanges Strengthen Security as AI-Assisted Cyberattacks Raise Regional Concerns
Key Points India’s CERT-In identified CRAFTY FALCON as an active threat actor targeting cryptocurrency exchanges and financial institutions, while South Korea is reviewing...
SKN | French Hill Wins Reelection but Faces Loss of House Financial Services Chairmanship
Key Points Republican French Hill won reelection in Arkansas’ 2nd Congressional District, defeating Democratic challenger Chris Jones. Hill is expected to lose his...
