SKN | Solana Sets Daily Token Issuance Record With 263,000 New SPL Tokens
Key Points: Solana recorded more than 263,000 newly minted SPL tokens in a single day, surpassing the previous peak seen during the 2024...
SKN | Nasdaq Invests $100M in Kraken Parent at $21B Valuation as Tokenized Stocks Expand
Key Points: Nasdaq’s venture arm invested $100 million in Payward, the parent company of Kraken, reportedly valuing the business at $21 billion. Kraken...
SKN | Coinbase and Moov Bring Stablecoin Infrastructure to US Community Banks
Key Points: Coinbase and Moov are partnering to provide stablecoin payment infrastructure to more than 1,000 US community banks and credit unions. The...
SKN | Bitcoin Struggles Below $80K as Yen Strength and Bessent Raise Carry-Trade Risks
Key Takeaways Bitcoin remains below the $80,000 level as stronger yen dynamics and renewed macroeconomic pressure limit momentum across risk assets. The yen...
SKN | U.S. Bank Moves Proprietary USBDC Stablecoin Across Borders on Stellar in Live Pilot
Key Takeaways U.S. Bank has completed a live cross-border payment using its proprietary USBDC dollar-backed stablecoin between its North American and European entities...
SKN | TRM Labs Doubles Valuation to $2 Billion as AI Expands Crypto Crime Intelligence
Key Takeaways TRM Labs has doubled its valuation to $2 billion through a Series C expansion led by Blockchain Capital, only six months...
SKN | Consensys to Split Into MetaMask and Institutional Blockchain Companies
Key Points Consensys plans to separate its consumer-facing MetaMask business from its Ethereum protocols and institutional blockchain infrastructure operations by the end of...
SKN | DoubleZero Adds Kalshi Election Data as Prediction Markets Surge Ahead of US Midterms
Key Points DoubleZero has added real-time Kalshi election and political market data to its DoubleZero Edge platform ahead of the November US midterm...
SKN | Bitcoin Climbs Toward $80,000 as Oil Tops $100: Is Crypto Trading More Like Gold Than Equities?
Key Points: Bitcoin climbed as high as $79,742 while Brent crude moved above $100 a barrel and European equities declined. Gold gained 1.06%...
SKN | Crypto Markets Consolidate as Bitcoin and Ethereum Slip Despite Weekly Gains
Key Points: Bitcoin declined 0.31% over the latest 24-hour cycle to $78,234.40, while Ethereum fell 0.69% to $2,468.02. The broader cryptocurrency market remained...
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SKN | Crypto Markets Slide as Binance Discloses Multi-Billion Security Breach and Stablecoin Issuers Freeze Reserves
Key Takeaways Infrastructure Security Incident: Binance disclosed an ongoing probe into a significant hot wallet security breach, prompting immediate cross-industry containment protocols. Coordinated...
SKN | Bitcoin and Ethereum Decline as Broad Crypto Selling Pressures Major Assets
Key Points: Bitcoin fell 2.29% over 24 hours to $79,489, while its weekly decline reached 2.84%, putting renewed pressure on the market’s largest...
