Finance
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SKN | Paxos Secures SEC Approval for Blockchain-Based U.S. Stock Clearing, Marking Major Shift in Market Infrastructure
Paxos has become the first blockchain-native company authorized by the U.S. Securities and Exchange Commission (SEC) to provide clearing and settlement services for...
SKN | Ethereum Falls Below $2,000 as ETF Outflows and Market Uncertainty Weigh on Sentiment
Ethereum slipped below the critical $2,000 threshold for the first time in months, intensifying concerns about weakening institutional demand and broader risk-off sentiment...
SKN | Tether’s U.S.-Focused Stablecoin Surges 540% in One Month as Institutional Demand Accelerates
Tether’s U.S.-focused stablecoin, USAT, recorded explosive growth in April, highlighting the accelerating adoption of regulated dollar-backed digital assets in the United States. The...
SKN | XRP Climbs Back Above $1.30 on Heavy Trading Volume, but Broader Downtrend Remains Intact
XRP recovered above the $1.30 level after a sharp increase in trading activity triggered renewed buying interest across major cryptocurrency exchanges. Despite the...
SKN | SEC Approves Paxos as First Blockchain-Native Clearing Agency, Accelerating Wall Street’s Digital Asset Transition
The US Securities and Exchange Commission has approved Paxos as the first blockchain-native firm authorized to operate as a registered clearing agency, marking...
SKN | Bitcoin ETF Outflows Hit Record Nine-Day Streak as Investors Withdraw $2.8 Billion
U.S. spot Bitcoin ETFs have recorded their longest stretch of net outflows since launch, with investors withdrawing approximately $2.8 billion over nine consecutive...
SKN | OKX Ventures and Korea Investment & Securities to Inject $53M Each Into Coinone, Signaling Renewed Institutional Push in Korean Crypto Market
Key Takeaways OKX Ventures and Korea Investment & Securities are reportedly committing $53 million each to acquire stakes in South Korea’s Coinone exchange....
SKN | Gemini Integrates Grok AI to Power Personalized Prediction Market Feeds, Advancing AI-Driven Crypto Analytics
Key Takeaways Gemini has integrated Grok AI to deliver personalized, real-time prediction market feeds tailored to user behavior and sentiment signals. The move...
Don't Miss
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...
SKN | Electronic Transactions Association Sees Growing Opportunities for Bitcoin Industry Partnerships
Key Points Electronic Transactions Association (ETA) CEO Jason Oxman said Bitcoin’s innovation could encourage greater collaboration between traditional payment providers and cryptocurrency companies....
