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Stablecoin Sprint: USDS Rockets 63%, PYUSD Skyward 49% in 30-Day Supply Climb

Coins Legend March 1, 2025 0

Over the past 30 days, data reveals the stablecoin market added $7.719 billion to its valuation in February, marking a steady yet significant expansion. Dominating this growth was USDS, which saw its circulating supply leap by 63.68% from the month’s inception—a figure eclipsing all peers.

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Strategic Shifts: Dormant Bitcoin Wallets Move $130M in February

Coins Legend March 1, 2025 0

In February 2025, long-static bitcoin wallets redistributed 1,549.25 BTC—worth roughly $130.45 million at a current per-unit price of $84,202—signaling a smaller revival of inactive holdings compared to last month. Fewer Vintage Vaults Crack Open: 1,549 Bitcoin Reallocated Blockchain tracker btcparser.com observed that these funds flowed from legacy wallets dormant across

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Ethereum Co-Founder Vitalik Buterin Condemns Life Sentence for Tax Offenses in Roger Ver Case 

Coins Legend March 1, 2025 0

Ethereum co-founder Vitalik Buterin on March 1, 2025, criticized Roger Ver’s possible sentence for alleged nonviolent tax offenses, calling the case politically motivated and disproportionate. Ethereum Co-Founder Vitalik Buterin Criticizes Selective Prosecution Against Roger Ver Buterin’s remarks follow a public statement by Silk Road founder Ross Ulbricht, who earlier

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USDT on TON Hits $1.4 Billion in 10 Months, Fastest Stablecoin Growth Ever

Coins Legend March 1, 2025 0

Tether’s USDT has achieved the fastest deployment of a stablecoin on any blockchain, reaching $1.4 billion issued on TON in just ten months. This is according to data by Artemis and Ournetwork. As the largest stablecoin with a $293 billion market cap, USDT is the third most valuable digital asset after bitcoin and ether, and […]

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Hubpay, Aquanow Launch Regulated Crypto Payments in UAE

Coins Legend March 1, 2025 0

Hubpay, a United Arab Emirates-based cross-border payments platform, has partnered with Aquanow, a digital asset infrastructure provider, to launch a regulated cryptocurrency payments facility for businesses in the Middle East country. Collaboration Bolsters UAE’s Digital Asset Hub Ambition Hubpay, a United Arab Emirates (UAE)-based cross-border payments platform, has

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OpenAI Announces GPT-4.5: ‘A Giant, Expensive Model’

Coins Legend March 1, 2025 0

OpenAI CEO Sam Altman announced the release of GPT-4.5, the latest iteration of the company’s flagship artificial intelligence (AI) model. Altman warned that, while this was not a reasoning model and won’t crush benchmarks, it has improved on its previous version in the conversational department. “It is the first model that feels like talking to […]

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Hackers Using Github to Steal Crypto—Malware Hidden in Open Source

Coins Legend March 1, 2025 0

A stealthy malware campaign is hijacking crypto wallets by embedding malicious code in fake open-source projects on Github, tricking developers into executing hidden payloads. Stealthy Malware on Github Is Hijacking Crypto Wallets A recently uncovered cyber campaign known as Gitvenom has been targeting Github users by embedding malicious code within seemingly legitimate

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Feds Take Down 73-Year-Old in $2.4M Crypto Conspiracy—Prison Time Looms

Coins Legend March 1, 2025 0

A federal jury in Texas has convicted Randall V. Rule, 73, of laundering cryptocurrency linked to various fraud schemes, including romance scams and real estate fraud. Prosecutors revealed that Rule and co-conspirator Gregory C. Nysewander converted illicit funds into cryptocurrency and funneled them to accounts controlled by domestic and foreign partners. To evade

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India Seizes $2.8M in Crypto After Raiding 60+ Locations in Gainbitcoin Scam

Coins Legend March 1, 2025 0

India’s CBI has seized cryptocurrencies worth approximately $2.8 million in raids across over 60 locations, uncovering key evidence in the Gainbitcoin scam. CBI Seizes Cryptocurrency in Gainbitcoin Scam Raids The Central Bureau of Investigation (CBI) announced this week that it has seized cryptocurrencies worth INR 23.94 crores (approximately $2.75 million) and other key

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House Panel Strikes Down IRS Crypto Rule—DeFi Just Scored a Major Win

Coins Legend March 1, 2025 0

A House committee has moved to repeal the IRS’ controversial “DeFi Broker Rule,” arguing it would stifle innovation, overwhelm the agency with filings, and disadvantage U.S. crypto users. House Committee Blocks IRS DeFi Broker Rule The House Ways and Means Committee has voted to repeal the Biden Administration’s last-minute “DeFi Broker Rule,” arguing that the […]