SKN | IMF Approves $139 Million for El Salvador While Maintaining Pressure on Bitcoin Strategy
Key Points: The IMF approved approximately $138 million in new financing for El Salvador after granting waivers related to missed Bitcoin-related program conditions....
SKN | Circle Introduces Wrapped Bitcoin on Ethereum and Arc to Expand BTC Utility Across DeFi Markets
Key Points: Circle launched Circle Wrapped Bitcoin (cirBTC), a 1:1 Bitcoin-backed token designed to bring BTC liquidity into Ethereum and Arc-based smart contract...
SKN | Bitcoin Rallies on Weak Jobs Data: Can Macro Tailwinds Push BTC Toward New Highs?
Key Points: Bitcoin gained momentum as weaker-than-expected U.S. labor data increased expectations for a more accommodative Federal Reserve policy. The U.S. economy added...
SKN | Why the SEC’s Proposed Crypto Custody Framework Could Reshape Institutional Digital Asset Markets
Key Points: The U.S. Securities and Exchange Commission’s proposed crypto custody framework could create clearer rules for how investment advisers and funds safeguard...
SKN | Ethereum Layer 2 Blast Shuts Down as Investors Question the Future of $51 Million in Assets
Key Points: Blast, an Ethereum Layer 2 network, is shutting down after its total value locked peaked at $2.24 billion in June 2024....
SKN | European Stablecoin Issuers Make Case for Regulated Dollar Tokens
Key Points: European stablecoin issuers argue that businesses still require US dollar liquidity for international payments, trading and settlement despite efforts to strengthen...
SKN | THORChain and NEAR Debate the Limits of Permissionless Crypto
Key Points: The movement of roughly $387.5 million in stolen Bitget funds has intensified debate over whether decentralized protocols should intervene when illicit...
SKN | SEC Proposes New Crypto Custody Rules to Remove Barriers for Investment Advisers
Key Takeaways The SEC has proposed a tailored crypto custody framework that would expand how registered investment advisers and regulated funds can safeguard...
SKN | China Flags Crypto Espionage Risks as Singapore’s Crypto Activity Surges 55%
Key Takeaways China’s Ministry of State Security has warned that cryptocurrencies can facilitate espionage, money laundering and cyberattacks, emphasizing that public blockchain transactions...
SKN | Ethereum zkAPI Launches on Mainnet, Bringing Privacy-Preserving Payments to AI and APIs
Key Takeaways Ethereum’s zkAPI is live on mainnet, allowing users to pay for AI services and other metered APIs without directly linking their...
Don't Miss
SKN | Strategy Shareholders Approve Daily Preferred Stock Dividends, Starting With STRC in November
Key Points: Daily dividend payments approved: Strategy shareholders approved a change allowing its four preferred stock classes to move from periodic to daily...
SKN | Anthropic’s 1,300% Growth Draws Robinhood CFO’s Attention as AI’s Enterprise Market Expands
Key Points: Exceptional reported growth: Robinhood CFO Shiv Verma highlighted Anthropic’s 1,300% year-over-year growth rate as one of the most striking figures in...
