Finance

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2622 Articles
Finance

SKN | Bitcoin Wallet Vulnerability Exposes $38 Million in BTC as Hardware Security Flaw Triggers Rapid Losses

A major Bitcoin wallet security vulnerability has resulted in the loss of approximately $38 million worth of BTC, highlighting renewed concerns around digital...

Finance

SKN | Circle Secures New York Trust Charter as Stablecoin Regulation Moves Toward Institutional Framework

Circle, the issuer of the USDC stablecoin, has secured a New York trust charter, marking another step in the integration of digital assets...

Finance

SKN | Coinbase Earnings Miss Highlights Crypto Market Weakness as Wall Street Debates Recovery Timeline

Coinbase Global reported a weaker-than-expected quarter as declining cryptocurrency market activity weighed on trading revenue, leaving Wall Street analysts divided over when a...

Finance

SKN | U.S. Sanctions Iran-Linked Bitcoin Insurance Scheme as Crypto Regulation Tightens Around Illicit Finance Risks

The U.S. Treasury Department has imposed sanctions on an Iran-linked platform accused of using Bitcoin and other digital assets as part of a...

Finance

SKN | US Senators Advance Revised CLARITY Act Ethics Rules as White House Review Puts Crypto Regulation in Focus

Key Takeaways Revised ethics provisions linked to the CLARITY Act have reportedly been forwarded to the White House, signaling continued momentum in U.S....

Finance

SKN | Coinbase Q2 Earnings Miss Expectations Despite Record Crypto Market Share Growth

Key Takeaways Coinbase reported second-quarter profit below Wall Street expectations despite expanding its share of the global cryptocurrency trading market. Higher operating costs...

Finance

SKN | Strategy Reports $8.2 Billion Quarterly Loss as Bitcoin Weakness Triggers Massive Unrealized Write-Downs

Key Takeaways Strategy posted an $8.2 billion second-quarter net loss, largely driven by unrealized declines in the value of its Bitcoin holdings. The...

Finance

SKN | XRP Faces Critical Test as CLARITY Act Delay Shifts Focus to Key Technical Support Levels

XRP remains under pressure as uncertainty surrounding the Digital Asset Market CLARITY Act continues to weigh on investor sentiment. While the token’s long-term...

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SKN | Ireland Excludes Crypto From New Tax-Advantaged Investment Accounts

Key Takeaways Ireland’s new tax-advantaged investment account framework will not include cryptocurrencies or other cryptoassets. The exclusion keeps digital assets outside a savings...

SKN | Thailand SEC Proposes Retail Access to Regulated Overseas Crypto Derivatives

Key Takeaways Thailand’s SEC is proposing rules that would allow intermediaries to facilitate retail access to qualifying overseas digital-asset derivatives. Eligible products would...

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