Cryptocurrency
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...
SKN | Greenlane’s BERA Treasury Falls to $16.4M as 76% Token Decline Drives $19.1M Loss
Greenlane Holdings ended the second quarter with 81.3 million BERA and BERA-equivalent tokens valued at $16.4 million, compared with a cost basis of...
Don't Miss
SKN | Ondo Enables Institutions to Convert Stocks Directly Into Tokenized Shares
Key Takeaways Ondo Finance has introduced in-kind conversion, allowing approved institutions to exchange existing stocks and ETFs directly for tokenized versions without using...
SKN | US Prosecutors Probe Binance Over Iran Sanctions Compliance as Bitcoin Rebounds
Key Takeaways Manhattan federal prosecutors are investigating whether Binance knowingly allowed trading that may have violated US sanctions on Iran. The Justice Department’s...
