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Experts Warn: Africa’s High Crypto Adoption Rate Attracts Cybercriminals

Coins Legend April 2, 2025 0

Africa is facing a surge in cyberattacks where hackers hijack social media accounts of prominent figures and institutions to promote fake cryptocurrencies. Some experts recommend educational campaigns to teach users how to verify token promotions. Compromised Accounts Used in Crypto Fraud

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Lack of Disclosure on LUNA Costs Galaxy Digital $200 Million

Coins Legend April 2, 2025 0

Galaxy Digital, founded by Michael Novogratz, has agreed to pay $200 million in penalties to resolve allegations that it violated New York laws by promoting the cryptocurrency LUNA without disclosing its financial interests. Galaxy’s LUNA Disclosure Failure Violated NY Laws Michael Novogratz’s Galaxy Digital recently agreed to pay $200 million in penalties to resolve

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UPCX Assures Users After Unauthorized Transfer of 18.4M Tokens

Coins Legend April 2, 2025 0

UPCX, a decentralized payment network, has temporarily suspended deposits and withdrawals due to unauthorized activity in its management accounts. Unauthorized Transfer of Millions in UPC Tokens UPCX, a decentralized payment network, has announced the temporary suspension of deposits and withdrawals following the detection of unauthorized activity involving its management

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BPI Proposes Bitcoin Bonds to Help Pay the $36 Trillion National Debt

Coins Legend April 2, 2025 0

The Bitcoin Policy Institute predicts that bitcoin bonds, treasury instruments that invest part of their income in bitcoin purchases, would help the U.S. save over $354 billion in the next ten years without considering the possible upside of BTC’s price. Bitcoin Policy Institute Presents Bitcoin Bonds Proposal to Pay the U.S. National Debt As the […]

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Japan’s Metaplanet Hits 4,046 BTC With 96% Yield—More Buys Ahead

Coins Legend April 2, 2025 0

Metaplanet Inc. added 696 BTC in Q1 2025, using options to lower acquisition costs. The firm’s total Bitcoin holdings reached 4,046 BTC. Japan’s Metaplanet Grows Bitcoin War Chest to 4,046 BTC Japan’s publicly listed bitcoin treasury company, Metaplanet Inc. (Tokyo Stock Exchange: 3350 / OTCQX: MTPLF), announced on April 1 that it had increased its […]

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US Senator Goes Full Bull on Bitcoin Mining With FLARE Act

Coins Legend April 2, 2025 0

A powerful new federal bill offers full tax expensing to crypto miners capturing flared gas, turning wasted energy into bitcoin-fueled grid dominance. FLARE Act Sets the Stage for US Energy Reform and Bitcoin Mining Expansion U.S. Senator Ted Cruz (R-TX) announced on March 31 the introduction of the Facilitate Lower Atmospheric Released Emissions (FLARE) Act, […]

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Grayscale Seeks SEC Approval to List Crypto ETF With BTC, ETH, XRP, SOL, ADA Holdings

Coins Legend April 2, 2025 0

Grayscale has filed with the SEC to list its digital large cap fund as an ETF on NYSE Arca, offering exposure to bitcoin, ethereum, XRP, solana, and cardano. Grayscale’s Digital Large Cap Fund Targets NYSE Arca Listing for Broader Crypto Exposure Crypto asset manager Grayscale Investments filed a Form S-3 registration statement with the U.S. […]

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US Dollar Safe-Haven Status in Jeopardy as Tariffs Erode Global Trust, Expert Warns

Coins Legend April 2, 2025 0

The U.S. dollar’s reign as the world’s safe-haven currency is under threat, an expert warns, citing inflation, tariffs, and fading global trust in U.S. leadership. US Dollar Could Lose Global Throne With Inflation Rising and Allies Backing Away A major shake-up to the global financial order could be looming, according to Nigel Green, CEO of […]

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Former Monero Maintainer Warns About Upcoming Wave of AI-Assisted KYC Fraud

Coins Legend April 2, 2025 0

Former maintainer of Monero Ricardo Spagni, known in crypto circles as Fluffypony, has alerted about the collapse of the current Know Your Customer (KYC) strategies at the hands of artificial intelligence (AI) tools. On X, Spagni assessed that still-in-use KYC procedures are on the way out, declaring that within the next 24 months “there will […]

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Stablecoin Issuer Circle Files for IPO 

Coins Legend April 2, 2025 0

Circle Internet Group Inc., a leading stablecoin operator, is aiming to go public with an S-1 filing that outlines major opportunities and challenges in the fast-evolving digital finance sector. Circle’s High-Stakes Leap Into Public Trading Circle, the issuer behind the widely circulated stablecoin USDC, has unveiled plans for an initial public offering (IPO), signaling a