SKN | Goldman Sachs and BofA Join 21-Firm Push for a Bank-Backed Dollar Stablecoin
Key Points: Twenty-one major financial institutions, including Goldman Sachs, Bank of America and Citi, plan to establish a company to issue a U.S....
SKN | Tether Faces $42.4 Million USDT Lawsuit Over Alleged Unlawful Wallet Freeze
Key Points: Two Thai businessmen have sued Tether, alleging the stablecoin issuer froze approximately $42.4 million in USDT without a warrant, court order...
SKN | Bitcoin and Ethereum Tumble as Renewed Iran Conflict Revives Inflation and Rate-Hike Risks
Key Points: Bitcoin opened at $77,395.89 on September 2, down 1.5% from Tuesday’s opening price, before falling to $76,597.13 by 7:13 a.m. ET....
SKN | Bitcoin Slips Below $76,500 as Iran Strikes Push Oil Above $93
Key Points: Bitcoin fell below $76,500, extending its weekly decline to approximately 3% as renewed U.S. strikes on Iran intensified pressure across global...
SKN | Arthur Hayes Sees Bitcoin at $1 Million by 2030 but Favors Ethereum for Near-Term Upside
Key Points: BitMEX co-founder Arthur Hayes believes Bitcoin has the conditions to reach $1 million by 2030, citing potential monetary expansion, an AI...
SKN | Sui DeFi Protocol Full Sail to Wind Down After $91,000 Switchboard-Linked Security Incident
Key Points: Full Sail will shut down after an attacker removed approximately $91,000 from three automated vaults following a suspected Switchboard oracle compromise....
SKN | Kalshi Imposes First Lifetime Ban on George Santos Over Insider Trading Bets
Key Takeaways Kalshi permanently banned former Republican congressman George Santos after determining there was reasonable cause to believe he engaged in insider trading...
SKN | UK Freezes $13.5 Million in Premier League Account Amid Sorare Crypto Investigation
Key Takeaways Britain’s National Crime Agency froze more than £10 million, or about $13.5 million, held in a Premier League bank account linked...
SKN | Binance Expands TradFi Reach With Options on More Than 1,000 U.S. Stocks and ETFs
Key Takeaways Binance is adding physically settled options on more than 1,000 U.S.-listed stocks and ETFs for eligible users outside the United States....
SKN | Global Banks Join Forces on Stablecoin Venture as Traditional Finance Moves Deeper Into Digital Assets
Key Points: Citi, Goldman Sachs, and other global financial institutions are collaborating on a stablecoin initiative focused initially on U.S. dollar payments and...
Don't Miss
SKN | Binance Investigates $6.3 Billion Security Breach as North Korea-Linked Hackers Suspected
Key Points Binance estimates the total impact of its security breach at approximately $6.3 billion, while verified frozen assets have reached $3 billion...
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...
