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Ethereum Foundation Allocates $2M to Boost Academic Blockchain Research

Coins Legend February 28, 2025 0

The Ethereum Foundation has announced $2 million in grants for Ethereum-related academic research, with proposals due by March 16, 2025. Ethereum Foundation Launches Third Annual Academic Grants Round The Ethereum Foundation is offering $2 million in grants to support academic research related

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Bittensor Introduces $25M Onchain Coverage to Protect Network Participants

Coins Legend February 28, 2025 0

Bittensor, a decentralized artificial intelligence (AI) protocol, has joined forces with digital asset insurer Native to unveil a $25 million onchain insurance program for its network users. $25M Onchain Coverage Now Available for Bittensor Stakers Designed by Native in partnership with Team Rizzo, a top-tier validator on Bittensor, the coverage combats smart contract

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Uniswap Wallet Integrates Transak Off-Ramp for Global Crypto-to-Fiat Conversions

Coins Legend February 28, 2025 0

Uniswap Wallet has introduced off-ramp capabilities through a deepened partnership with Web3 payments provider Transak, enabling users worldwide to convert cryptocurrencies to fiat currencies directly within the app. Uniswap and Transak Expand Partnership The integration, announced Feb. 26 and effective Feb. 27, allows users to sell assets like ethereum (ETH) and

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Bitcoin Shakeout: $106M Liquidated in Minutes as Price Dips to $81K

Coins Legend February 28, 2025 0

Bitcoin (BTC) saw a sharp plunge on Feb. 27, 2025, at 8:35 p.m. Eastern Time, dropping from around $84,000 to the $81,084 range in a matter of minutes on Bitstamp. The sudden move startled traders and triggered a wave of stop-loss orders, intensifying the rapid sell-off. Coinglass stats show $106 million in bitcoin longs were […]

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Bitcoin Price Clings to $84K Ahead of High-Stakes Weekend

Coins Legend February 28, 2025 0

As twilight falls on Thursday, Feb. 27, 2025, bitcoin danced just above $84,000, its movements a meandering ballet ahead of Friday’s opening sessions. Traders braced for a weekend tango between $82,000 and $89,000 per BTC, set against a backdrop of macroeconomic suspense with the current Trump administration. Futures Expiry and Political Winds Fuel Speculation At […]

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House Democrats Propose MEME Act to Restrict Officials From Promoting Meme Coins

Coins Legend February 27, 2025 0

House Democrats introduced legislation to prohibit top federal officials and their families from issuing or promoting meme coins and other financial instruments, citing ethical concerns sparked by President Donald Trump’s official TRUMP cryptocurrency launch and his wife Melania’s that followed soon after. MEME Act Seeks to Ban Federal Leaders From Endorsing

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SEC Says Most Meme Coins Do Not Qualify as Securities

Coins Legend February 27, 2025 0

The U.S. Securities and Exchange Commission (SEC) stated on Feb. 27 that most meme coins do not meet the definition of securities under federal law, exempting them from registration requirements. SEC Clarifies Meme Coins Fall Outside Securities Regulations Meme coins, defined as crypto assets tied to internet culture or trends, derive value primarily from speculation […]

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SEC Closes Gemini Probe After 699 Days; Winklevoss Seeks Reimbursement

Coins Legend February 27, 2025 0

The Securities and Exchange Commission (SEC) has closed its investigation into Gemini, a cryptocurrency exchange. Unquantifiable Loss in Economic Growth for America The U.S. Securities and Exchange Commission (SEC) has closed its investigation into Gemini and will not pursue an enforcement action against the cryptocurrency exchange. According to Cameron Winklevoss,

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BDACS Partners With Ripple to Boost Institutional Crypto Custody in South Korea

Coins Legend February 27, 2025 0

BDACS, South Korea’s first regulated custodian for institutional digital assets, unveiled a strategic alliance with blockchain firm Ripple on Feb. 26, 2025, designed to broaden safeguarded custody offerings for XRP, RLUSD, and related cryptocurrencies. Ripple, BDACS Forge Strategic Alliance According to Ripple’s announcement, the partnership mirrors the nation’s methodical

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SEC to Dismiss Metamask Lawsuit as Leadership Shifts, Consensys CEO Says  

Coins Legend February 27, 2025 0

The U.S. Securities and Exchange Commission (SEC) plans to drop its enforcement lawsuit against Consensys’ Metamask wallet, CEO Joe Lubin announced Feb. 27, 2025, citing a regulatory pivot under new leadership pending commissioner approval. Subject to the Approval of the Commission, SEC Dismisses Metamask Lawsuit The SEC sued Consensys last year, alleging Metamask operated