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Hut 8 Reports $80.7 Million in Crypto Revenue, Bitcoin Reserve Rises to 10,171 BTC

Coins Legend March 4, 2025 0

Hut 8 Corp. has reported $80.7 million in crypto-related revenue for 2024, driven by bitcoin mining and GPU-as-a-service operations. The company expanded its bitcoin reserve to 10,171 BTC and secured a $125 million partnership with Bitmain. Hut 8 Expands Bitcoin Mining and Digital

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Lazarus Group Completes ETH Laundering, Amassing 6,706 BTC in the Process

Coins Legend March 4, 2025 0

Blockchain analysis reports from Arkham Intelligence indicate that North Korea’s Lazarus Group has fully laundered the ethereum (ETH) proceeds from the Bybit breach, with a significant share of the assets now converted into bitcoin (BTC). From ETH to BTC: Lazarus Group Now Holds 6,706 Bitcoin Worth $591M Examining 57 separate accounts, the hackers behind the […]

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Bitcoin Price Watch: Bulls Fight Back as Bitcoin Eyes $90K Breakout

Coins Legend March 4, 2025 0

As of 4:35 p.m. ET on March 4, 2025, bitcoin commanded a valuation of $88,165, boasting a market capitalization of $1.72 trillion and a 24-hour trading volume of $69.81 billion. The digital asset oscillated between an intraday trough of $81,463 and a peak of $88,825, reflecting a market teetering between hesitation and ambition. Bitcoin Bitcoin‘s […]

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No Diversification, No Problem: Strategy’s BTC Play Beats an ETH Alternative

Coins Legend March 4, 2025 0

As bitcoin holds steady above the $88,000 threshold, Michael Saylor’s Strategy (formerly Microstrategy) maintains a 29% gain on its extensive BTC holdings. Meanwhile, MSTR shares have climbed more than 11% over the past week, defying the broader downturn in the crypto sector. What If Strategy Bought Ether Instead of Bitcoin? A Massive Difference Answers That […]

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Despite Market Declines, Crypto Economy Shows Signs of Strength

Coins Legend March 4, 2025 0

The cryptocurrency market remains stable at $2.78 trillion, despite a 6.7% decline over the past 24 hours. Bitcoin has slipped 6% in the last day, hovering slightly above $85,000, while ethereum has fallen 7.5%, settling around the $2,100 mark. Only a select few digital assets managed to avoid losses on Tuesday. Major Cryptos React to […]

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America’s Crypto Hostages: President Trump’s Moral Imperative to Pardon Innovators

Coins Legend March 4, 2025 0

Though the Trump administration has softened regulatory oversight targeting select cryptocurrency firms and absolved Ross Ulbricht via a full pardon, many believe that systemic inequities demand further redress. Since Ulbricht’s release, a vocal contingent now highlights the plight of those ensnared within what they term a draconian justice apparatus, urging Trump to

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Trump Tariff Announcement Sees Bitcoin Tumble Below $82K

Coins Legend March 4, 2025 0

President Donald Trump in what some have dubbed “The Trump Effect,” caused a 7.28% slump in crypto markets on Tuesday after confirming that the U.S. will slap a 25% tariff on nearly all Canadian and Mexican imports. Bitcoin Dips Below $82K Following Trump’s Tariff Announcement Bitcoin slid buy more than 8% on Tuesday as Trump […]

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Mexican Billionaire Ricardo Salinas Says Bitcoin Now Makes Up 70% of His Personal Portfolio

Coins Legend March 4, 2025 0

Salinas revealed details of how much bitcoin exposure he has in his personal portfolio in an interview with Bloomberg and described the cryptocurrency as “the hardest asset in the world.” Ricardo Salinas Doubles Down on Bitcoin, Holds 70% of His Portfolio in BTC Mexico’s third richest man, Ricardo Salinas, chairman and CEO of corporate conglomerate […]

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Anza Commits to Scale Solana to 1 Million Transactions per Second

Coins Legend March 4, 2025 0

Anza, the Solana-focused software development firm in charge of the Agave client, has released its roadmap for 2025. The main focus is to make Solana a faster and more effective network, aiming to reach the 1 million transactions per second (TPS) mark in the future. Anza stated that is preparing to increase its capacity, which […]

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MegaETH Launches High-Speed Testnet This Week to Pioneer Real-Time Blockchain Performance

Coins Legend March 4, 2025 0

MegaETH, an Ethereum layer two (L2) scaling solution backed by Vitalik Buterin and Dragonfly Capital, will deploy its testnet this week, offering developers and users a first look at its high-speed blockchain infrastructure. Ethereum L2 MegaETH Begins Testnet Rollout The MegaETH Labs team explained that the testnet, launching March 6, will run through March 10, […]