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The DeFi Time Bomb: Market Manipulation, Low Liquidity Threaten Industry’s Future

Coins Legend March 24, 2025 0

A recent Kaiko Research report highlights how market manipulation tactics, such as sandwich attacks on platforms like Uniswap and Hyperliquid, deter institutional players from engaging with decentralized finance. An expert recommends full insurance coverage for DeFi assets and transaction

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Gcash Connects 100 Million Philippine Users to USDC Dollar Network

Coins Legend March 24, 2025 0

Gcash opens access to USDC for 100 million users in the Philippines, enabling stable, dollar-backed digital currency use for global payments, savings, and financial empowerment. Gcash Opens Philippine Wallets to Dollar-Backed USDC in Massive Crypto Shift Mobile wallet provider Gcash, a dominant force in digital finance in the Philippines, announced on March 18 in Manila

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Acting SEC Chair Rejects Enforcement—Demands Real Crypto Rules

Coins Legend March 24, 2025 0

The acting SEC chair urged rulemaking over enforcement to clarify crypto regulations and avoid courtroom confusion. Acting SEC Chair Urges Crypto Reset—Classification Shouldn’t Be Courtroom Chaos Acting U.S. Securities and Exchange Commission (SEC) Chairman Mark T. Uyeda led the inaugural session of the agency’s Crypto Task Force roundtable on March 21 in Washington D.C.

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Aqua Wallet Reveals Upcoming Latam-Focused Integrations

Coins Legend March 24, 2025 0

Samson Mow explained that Aqua Wallet is changing to better accommodate the needs of its customers in Latam. This encompasses a total refactor of its user interface, the integration of several national payment methods, and even the release of a prepaid credit card. Aqua Wallet to Introduce New Latam-Focused Features Aqua Wallet, a bitcoin and […]

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Coinbase Opposes Market-Breaking Stablecoin Regulation Proposal in Brazil

Coins Legend March 24, 2025 0

Tom Duff Gordon, Coinbase VP, stated that the worries about stablecoin usage for illicit purposes in Brazil can be handled differently, in ways that do not hamper adoption and without affecting users that leverage these assets for their operations. Coinbase Criticizes Stablecoin Regulation in Brazil, Offers Alternatives Coinbase, one of the powerhouses of the

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Dormant 2011 Bitcoin Wallet Awakens, Transferring 100 BTC Worth $8.5M

Coins Legend March 24, 2025 0

On Sunday, a wallet that had lain inactive for nearly 14 years sprang to life, executing a transaction of 100 BTC—a haul from 2011 now valued at $8.5 million. 14-Year-Dormant Bitcoin Migrates to Modern P2SH Addresses At block height 889,103, a long-dormant Pay-to-Public-Key-Hash (P2PKH) wallet sprang into action, migrating 100 BTC—now valued at $8.5 million—to […]

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Latam Insights: Libra’s Class Action Lawsuit, Brazil’s Bitcoin Wages Bill

Coins Legend March 24, 2025 0

Welcome to Latam Insights, a compendium of the most relevant crypto and economic news from Latin America over the past week. In this week’s edition, Libra’s founders face a class action lawsuit, a bitcoin wages bill is introduced in the Brazilian Congress, and a Venezuelan minister claims that 25% of international trade can be settled […]

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Tether Eyes Big Four Audit as Trump Urges Stablecoin Regulations, Reuters Reports

Coins Legend March 24, 2025 0

Tether, the world’s largest stablecoin issuer, has reportedly initiated engagement with a “Big Four accounting firm” to audit the reserves of its fiat-pegged token. Paolo Ardoino, Tether’s CEO, shared this update with Reuters as the circulating supply of USDT currently stands at 143.46 billion. Tether Listens toTrump’s ASAP Stablecoin Mandate in Pursuit of Big Four […]

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Sparks Fly at First-Ever SEC Crypto Roundtable

Coins Legend March 23, 2025 0

Crypto skeptics and advocates went head-to-head in a legal debate that sought to determine the SEC’s role in crypto regulation. First-Ever SEC Crypto Roundtable Ignites Passionate Discussions on Regulation The U.S. Securities and Exchange Commission (SEC) hosted its first-ever crypto roundtable on Friday, pitting critics and proponents of digital assets in a

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Ripple Effect: Surging XRP ETF Optimism Follows SEC Legal Retreat

Coins Legend March 23, 2025 0

A Polymarket wager amassing $54,666 in trading volume suggests an 87% likelihood that a spot XRP exchange-traded fund (ETF) will secure regulatory approval by 2025. XRP ETF Mania Hits 87% Confidence: Polymarket Traders Bet Big on 2025 Approval In January 2024, the U.S. Securities and Exchange Commission (SEC) cleared the way for multiple spot bitcoin […]