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Study: Political Memecoins Lead to Investor Disillusionment

Coins Legend February 21, 2025 0

A survey revealed that politically-themed memecoins like TRUMP, LIBRA, and CAR attracted many first-time crypto investors, but also led to significant losses and disillusionment. Memecoin Losses Prompt 21% of New Crypto Investors to Quit A survey study of 1,066 crypto investors conducted by

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Binance Teams up With Hong Kong Law Enforcement to Fight Digital Asset Threats

Coins Legend February 21, 2025 0

Binance is strengthening crypto security with Hong Kong police, enhancing collaboration to combat cybercrime and financial threats in the blockchain industry. Binance Strengthens Cybercrime Collaboration With Hong Kong Police Crypto exchange Binance revealed on Feb. 20 that CEO Richard Teng recently met with Raymond Lam Cheuk Ho, Chief Superintendent of the Cyber Security

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SEC Reshuffles Crypto Lawsuits—Is Ripple on the Verge of Legal Victory?

Coins Legend February 21, 2025 0

The SEC is pausing lawsuits against Binance and Coinbase, sparking speculation on whether Ripple could be next—potentially signaling a shift toward clearer crypto regulations. Crypto Crackdown Unraveling? SEC Pauses Cases—But What About Ripple? The U.S. Securities and Exchange Commission (SEC) is prioritizing cryptocurrency cases with imminent court deadlines while pausing

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Coinbase CEO Sees Meme Coins as Gateway to Mass Crypto Adoption

Coins Legend February 21, 2025 0

Meme coins may seem frivolous now, but their evolution could reshape crypto, Coinbase’s CEO said, warning against scams while urging openness to their potential impact. Coinbase CEO Brian Armstrong: ‘We Should Be Open Minded About Where Memecoins Are Going’ Coinbase CEO Brian Armstrong has shared his thoughts on meme coins, recognizing their significance in the […]

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SEC Overhauls Crypto Enforcement, Deploying New Cyber Unit

Coins Legend February 21, 2025 0

The SEC’s new unit aims to crack down on crypto fraud, targeting scams and unauthorized account takeovers while promoting responsible digital asset growth. SEC Introduces Cyber and Emerging Technologies Unit to Tackle Crypto Fraud The U.S. Securities and Exchange Commission (SEC) has announced the establishment of the Cyber and Emerging Technologies Unit (CETU) to combat

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US Seizes Millions in Crypto With Binance Ties—Feds Uncover Global Fraud Ring

Coins Legend February 21, 2025 0

The U.S. seeks to forfeit millions in crypto from a Binance account, alleging wire fraud and money laundering tied to a fraudulent investment scheme. US Government Moves to Forfeit Crypto Seized from Binance Account The U.S. government has initiated a civil forfeiture action against cryptocurrency holdings seized from a Binance account, alleging their involvement in […]

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SEC Backs Down: Crypto Industry Scores Landmark Victory

Coins Legend February 21, 2025 0

The SEC’s decision to drop its dealer rule lawsuit appeal marks a major victory for the crypto industry, ending a legal battle over regulatory overreach and signaling change. A Win for the Crypto Industry The U.S. Securities and Exchange Commission (SEC) has voluntarily dropped its appeal in the lawsuit challenging the dealer rule, securing a […]

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China’s US Treasury Holdings Drop to 14-Year Low Amid Geopolitical Tensions

Coins Legend February 20, 2025 0

China’s holdings of U.S. Treasuries have fallen to a 15-year low, driven by a preference for less visible accounts and a desire to reduce reliance on the U.S. financial system. Geopolitical Tensions Fuel China’s Treasury Shift The amount of U.S. Treasuries held by China has dropped to its lowest level since 2009. The decline is […]

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Ross Ulbricht Defends Roger Ver: ‘No One Should Spend Life in Prison Over Taxes’

Coins Legend February 20, 2025 0

On Thursday, Ross Ulbricht, the founder of the Silk Road, posted on social media expressing that Roger Ver warrants support and that “no one should spend the rest of their life in prison over taxes.” Ross Ulbricht Rallies Support for Roger Ver After regaining his freedom earlier this year, following Donald Trump’s inauguration and the […]

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Bitgo and Copper Introduce Off-Exchange Settlement Model With Deribit Integration

Coins Legend February 20, 2025 0

Crypto firms Bitgo Trust Company, Inc. and Copper have launched a trading model allowing clients to execute spot and derivatives trades on Deribit while assets remain in off-exchange custody, the two companies announced Feb. 20. New Trading Solution Combines Bitgo Custody, Copper Settlement for Deribit Trades The solution enables investors to trade on Deribit, a […]