SKN | US Treasury Intensifies Crypto Crackdown as Sanctions Target Canadian Firms and MEXC
Key Points Canadian Firms Sanctioned: The US Treasury imposed financial sanctions on eight Canadian money-service companies accused of facilitating transactions involving sanctioned Iranian entities and digital asset exchanges. MEXC Faces...
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Altcoin Season
Latest Crypto
SKN | Amsterdam Protesters Breach Microsoft Data Center Construction Site as Opposition to AI Infrastructure Grows
Key Points Protest Escalation: Between 150 and 200 people were detained by Dutch police after protesters reportedly entered a Microsoft data center construction...
SKN | Binance Appoints Justin Yek as CFO After Kaiser Ng’s Departure Amid $6.3 Billion Security Breach
Key Points: Binance CFO Kaiser Ng is leaving the cryptocurrency exchange to pursue another venture after more than five years with the company....
SKN | Kalshi Records $300 Million in Stock Perpetual Futures Volume Within Hours of U.S. Launch
Key Points: Kalshi launched perpetual futures linked to more than 50 U.S.-listed stocks on November 5, reporting over $300 million in trading volume...
SKN | Anthropic’s $1.5 Trillion IPO Faces Valuation Pressure as AI Market Sentiment Weakens
Key Points: Three major investors have questioned Anthropic’s proposed $1.5 trillion valuation, with one suggesting the company could be valued closer to $1...
SKN | Kevin O’Leary Predicts CLARITY Act Passage in 2027 as Tokenization Makes U.S. Crypto Regulation an Economic Necessity
Key Points: Investor Kevin O’Leary expects the Digital Asset Market Clarity Act (CLARITY Act) to pass in 2027, arguing that the expansion of...
SKN | VanEck CEO Warns Next U.S. Financial Crisis Could Begin in Washington, Puts Gold and Bitcoin at the Center of Sovereign Risk Debate
Key Points: VanEck CEO Jan van Eck believes the next major U.S. financial crisis could originate from government debt and fiscal policy rather...
SKN | Solana Falls Below $100: Does Its Growing Blockchain Ecosystem Justify Investor Interest?
Key Points: Solana has declined from its January 2025 all-time high of $294.85 to approximately $90, placing the token below the psychologically important...
Don't Miss
SKN | Clarity Act Faces a Narrow Path as Democrats Take Control of U.S. Congress
Key Points: Democratic victories in the November 3 midterm elections put both chambers of Congress under Democratic control from January 2027, complicating the...
SKN | Can Decentralized Smartphone Networks Provide an Alternative to AI Data Centers?
Key Points: Smartphones as Distributed Computing Infrastructure: Decentralized AI projects are attempting to turn unused mobile devices into distributed computing networks. Acurast reports...
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SKN | Zcash Activates NU7 Upgrade, Tripling Block Speed and Strengthening Private Payment Infrastructure
Key Points: Zcash activated its NU7 network upgrade at block 3,543,405 on November 6, reducing the target interval between blocks from 75 seconds to 25 seconds. The upgrade limits private...
SKN | Asian Crypto Exchanges Strengthen Security as AI-Assisted Cyberattacks Raise Regional Concerns
Key Points India’s CERT-In identified CRAFTY FALCON as an active threat actor targeting cryptocurrency exchanges and financial institutions, while South Korea is reviewing...
SKN | French Hill Wins Reelection but Faces Loss of House Financial Services Chairmanship
Key Points Republican French Hill won reelection in Arkansas’ 2nd Congressional District, defeating Democratic challenger Chris Jones. Hill is expected to lose his...
SKN | Bitcoin and Ethereum Slide as Broad Selling Pressures the Crypto Market
Key Points: Total cryptocurrency market capitalization stood at $2.55 trillion, while the five largest assets in the supplied snapshot all recorded losses over...
SKN | Standard Chartered and SBI Back Crypto Insurer Soter as Funding Reaches $23.5 Million Plus BTC and ETH
Key Points: Soter Insure has attracted strategic investment from SC Ventures, Standard Chartered’s innovation and investment arm, and Japan’s SBI Group in the...
SKN | Who Is TraderTraitor? The North Korean Hacking Group Behind the $6.3 Billion Binance Heist
Key Points: The FBI attributed the October 29, 2026, Binance theft of approximately $6.3 billion to TraderTraitor, a North Korean-linked hacking operation associated...
SKN | Mercado Bitcoin Hack Continued After Containment Claim, Raising Questions Over Exchange Security
Key Points: Blockchain analytics firm Bitquery identified approximately $391,000 in additional cryptocurrency theft hours after Mercado Bitcoin said its security incident had been...
SKN | Gate CEO Says Crypto Exchanges Must Prove They Can Withstand a Binance-Scale Hack
Key Points: Gate founder and CEO Lin Han says the exchange holds sufficient assets in cold storage to cover customer balances even if...
SKN | Kraken Parent Payward Acquires AAVE Tokens, Expanding Its Institutional Push into DeFi
Key Points: Payward, the parent company of Kraken, and its asset management clients have acquired an undisclosed amount of AAVE tokens through an...
SKN | Google Could Gain Ownership in TeraWulf’s $19 Billion AI Project if Anthropic Defaults
Key Points: Google could acquire an ownership stake in a data center subsidiary of Bitcoin miner TeraWulf if Anthropic defaults on its rental obligations under a 20-year agreement. The arrangement...
