Finance
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SKN | Ethereum’s Joseph Lubin Flags AI Centralization Risks as Big Tech Dominance Raises Stakes for Crypto
Ethereum co-founder Joseph Lubin has issued a stark warning about the growing concentration of artificial intelligence (AI) power within a handful of big...
SKN | Bitcoin Retreats to $76,000 as Strait of Hormuz Disruption Rekindles Global Risk Aversion
Bitcoin pulled back to the $76,000 level after renewed geopolitical tensions in the Middle East, as Iran’s reported closure of the Strait of...
SKN | CoinDesk 20 Update: Stellar (XLM) Leads Index Gains as Broader Crypto Market Stabilizes
The CoinDesk 20 Index recorded modest gains in its latest performance update, led by Stellar (XLM), which advanced approximately 1.5% over the session....
SKN | Flow Capital Targets $150M Fund Tokenization as Blockchain Finance Expands
Key Points: Flow Capital plans to tokenize a $150M private credit fund. Move aims to raise an additional $30M via blockchain distribution. Experts...
SKN | Strategy Rebounds as Bitcoin Nears $77K, Returning Treasury Holdings to Profit
Strategy Inc. (formerly known as MicroStrategy) surged approximately 8% in recent trading sessions as Bitcoin approached the $77,000 level, pushing the firm’s sizable...
SKN | Bitcoin Surges Past $76,000 as Oil Drops on Iran De-Escalation, Fueling Breakout Expectations
Bitcoin has climbed above the $76,000 level, extending its rally as oil prices declined after easing tensions involving Iran. The move reflects improving...
SKN | Crypto Market Enters Prolonged Downturn as CEX Trading Volumes Fall 39% in Q1, CoinGecko Data Shows
Key Takeaways Centralized exchange trading volumes dropped 39% in Q1, signaling sustained weakness in crypto market participation Lower liquidity conditions are amplifying volatility...
SKN | Texas Man Sentenced to 23 Years in $20M Meta-1 Coin Fraud Case, Highlighting Ongoing Crypto Scam Enforcement
Key Takeaways A Texas man has been sentenced to 23 years in prison for orchestrating a $20 million Meta-1 Coin fraud scheme The...
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SKN | Proposed CLARITY Act Ethics Rules Would Bar US Officials From Issuing or Endorsing Crypto Tokens Until 2029
Key Takeaways Proposed ethics provisions in the CLARITY Act would prohibit certain US government officials from issuing, sponsoring, or promoting digital tokens through...
SKN | Crypto Political Action Committee Invests $1 Million in Michigan Democratic Primary as Digital Asset Policy Gains Influence
Key Takeaways A cryptocurrency-focused political action committee has committed $1 million to a Michigan Democratic primary race, highlighting the industry’s expanding political engagement....
