Finance
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SKN | South Korea Crypto Tax Faces Backlash as Petition Surpasses 50,000 Signatures
Key Points: A public petition opposing South Korea’s planned 22% crypto gains tax surpassed the 50,000-signature threshold required for parliamentary review. Critics argue...
SKN | CFTC Expands Sports Prediction Market Oversight Through NHL Partnership
Key Points: The US Commodity Futures Trading Commission signed a memorandum of understanding with the National Hockey League to oversee prediction market integrity...
SKN | Bitcoin Holds Market Leadership as Defensive Capital Flows Support Crypto Stability
Key Points: Bitcoin rose 0.29% to approximately $77,640.65 as institutional investors maintained defensive exposure during a cautious trading session. Ethereum stabilized while ETF...
SKN | Why DeFi Continues to Lose Millions to Crypto Exploits Despite Growing Security Investments
Decentralized finance (DeFi) platforms continue suffering multi-million-dollar exploits even as the sector expands its spending on audits, bug bounties, and blockchain security infrastructure....
SKN | Crypto Whale Places $224,000 Market-Neutral Bet on XRP Staying Rangebound Through June
A large cryptocurrency trader, commonly referred to as a crypto whale, has reportedly placed a $224,000 options-based wager anticipating that XRP will remain...
SKN | Bitcoin Long-Term Holder Supply Nears Record High as Multi-Year Distribution Trend Reverses
Bitcoin’s long-term holder supply is approaching historic highs, signaling a major shift in investor behavior after years of cyclical distribution patterns. On-chain data...
SKN | US Lawmakers Push IRS Review of Crypto Tax Exemptions as Regulatory Pressure on Digital Assets Intensifies
Key Takeaways New US legislative proposal directs the IRS to reassess existing crypto tax exemptions, signaling tighter fiscal oversight of digital assets. The...
SKN | Syndicate Labs Shuts Down After Five Years as Rollup Sector Consolidation Accelerates in Crypto Infrastructure
Key Takeaways Syndicate Labs has announced it will wind down operations after five years, citing reduced demand and intensified competition in the Ethereum...
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SKN | Vietnam Introduces Fines for Unlicensed Crypto Trading Ahead of Regulated Market Launch
Key Points: Vietnam has introduced new penalties for cryptocurrency activities conducted through unlicensed trading platforms. Individuals using unauthorized exchanges can face fines of...
SKN | Cardano Activates Van Rossem Hard Fork as Network Prepares for Leios Scaling Upgrade
Key Takeaways Cardano has activated the Van Rossem hard fork, introducing technical improvements designed to support the network’s next development phase. The upgrade...
