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Bitcoin Purchases Confined: IMF Approves $1.4 Billion Credit Facility for El Salvador

Coins Legend February 28, 2025 0

The IMF, which informally approved the deal last year, states that this program aims to boost El Salvador’s finances and growth prospects. However, the Bukele administration must “confine” its bitcoin activities and purchases in return. Done Deal: IMF Greenlights $1.4 Billion Credit, Limits

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Phantom Acquires Simplehash to Enhance Token Data for Users

Coins Legend February 28, 2025 0

The acquisition of Simplehash by Phantom aims to provide users with real-time, high-performance blockchain insights. This move enhances Phantom’s wallet capabilities, offering improved market data, NFT tracking, and spam protection. Phantom Boosts Wallet Performance with Simplehash Integration Phantom, a crypto wallet provider has acquired Simplehash, a token data

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Alibaba Announces $53 Billion AI and Cloud Computing Push

Coins Legend February 28, 2025 0

Chinese e-commerce giant Alibaba reported that it was ready to invest $53 billion in artificial intelligence (AI) and cloud computing initiatives in the next three years. The commitment is part of a gradual push of the company to these technologies, allowing it to increase its growth. According to Alibaba CEO Eddie Wu, AI has the […]

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Senators Declare War on Crypto ATM Scams With Tough New Rules

Coins Legend February 28, 2025 0

New legislation would mandate fraud warnings, transaction limits, and mandatory refunds for crypto ATM users, aiming to curb scams and hold operators accountable. Senators Introduce Crypto ATM Fraud Prevention Act U.S. Senator Jack Reed (D-RI) announced on Feb. 26 that he has introduced the Crypto ATM Fraud Prevention Act (S. 710) to address the growing […]

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BRICS Payment Systems Are Coming—Brazil’s 2025 Plan Could Change Everything

Coins Legend February 28, 2025 0

BRICS will prioritize secure, transparent payment systems this year under Brazil’s leadership, advancing financial sovereignty and reducing reliance on Western financial networks. BRICS Payment Systems Just Got Serious—Brazil’s 2025 Agenda Revealed Brazilian President Luiz Inacio Lula da Silva announced on Feb. 26 that Brazil will focus on developing secure payment systems

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FBI Calls on Public to Help Stop North Korea’s $1.5B Bybit Crypto Laundering Now

Coins Legend February 28, 2025 0

The FBI urged immediate action to block transactions tied to North Korea’s $1.5 billion crypto heist, warning the hackers are swiftly laundering funds to evade recovery. FBI Urges Public and Private Sectors to Cut Off North Korea’s Stolen $1.5B in Crypto The Federal Bureau of Investigation (FBI) has confirmed that North Korea was behind the […]

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Robert Kiyosaki Sees Bitcoin Crash as a Gift—Says US Is Bankrupt, Dollar Dying

Coins Legend February 28, 2025 0

Robert Kiyosaki warns the U.S. economy is collapsing, inflation will soar, and the dollar will crash—urging investors to escape with bitcoin, gold, and silver now. Robert Kiyosaki Says Buy Bitcoin Now as Inflation and Recession Wreck the Dollar Robert Kiyosaki, the author of “Rich Dad Poor Dad,” has once again voiced his views on bitcoin […]

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Indonesia Introduces Bullion Banking to Stabilize Foreign Exchange

Coins Legend February 28, 2025 0

The country’s authorities opened bullion services in two state-owned institutions and declared that more licenses could follow. Prabowo Subianto, president of Indonesia, stated that this bullion initiative could “help save the country’s foreign exchange.” Indonesia Launches Bullion Banking, Aims to Include Gold Savers Into the Country’s Formal System Indonesia is launching

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Bitcoin Miner MARA Sees Revenue Soar 69% in 2024

Coins Legend February 28, 2025 0

MARA reported a record-high revenue of $214.4 million in Q4 of 2024, a 37% increase from the same period in 2023. MARA’s Block Wins Rise 25% Bitcoin miner and publicly listed firm MARA (Nasdaq: MARA) said it registered a record-high revenue of $214.4 million in the fourth quarter of 2024, up 37% from $156.8 million […]

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$63M Investment Fuels Raise’s Blockchain-Powered Smart Cards

Coins Legend February 28, 2025 0

Raise, a Chicago-based gift card marketplace, secured $63 million in funding led by Haun Ventures and backed by Paypal to expand its blockchain-based Smart Cards system, the company announced this week. Paypal-Backed Raise Raises $63M; Aims to Revolutionize Gift Cards via Blockchain The funding round, which included Accel, New Enterprise Associates and others, brings