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BitMEX the End of an Era

Coins Legend August 13, 2026 0

On my first day, I stood in front of a shark tank while a crypto price ticker snaked along the ceiling of the entire office, and wondered where I had found myself. Eleven years after BitMEX opened, it’s time to draw the curtain. The following guest post is written by Peter Wilkinson, CEO of the

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Fidelity Pulls $46.8M From FBTC as Bitcoin ETFs Turn Red

Coins Legend August 13, 2026 0

U.S. spot bitcoin ETFs returned to net outflows on Wednesday, losing $61.16 million after Tuesday’s modest rebound. Ether funds saw a $7.38 million inflow, while solana, XRP and HYPE ETFs recorded no net activity. Ether ETFs Add $7.38M as Bitcoin ETFs Post $61.16M Exit The midweek session brought another shift in tone for crypto ETF […]

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South Korea’s Crypto Crackdown Lands Delio CEO 15 Years

Coins Legend August 13, 2026 0

A South Korean court sentenced Delio CEO Jeong Sang-ho to 15 years in prison for misusing roughly $49.2 million in customer cryptocurrency assets and using false documents to secure a regulatory registration. Court Finds Customer Assets Were Misused According to regional reports, the Seoul Southern District Court issued the ruling Aug. 13 and ordered Jeong […]

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MUFG Eyes Instant JGB Repos as Blockchain Invades Bond Markets

Coins Legend August 13, 2026 0

MUFG has launched a pilot to test whether Japanese government bond repo trades can settle in real time on a blockchain network. The major Japanese banking group is working with Digital Asset, creator of the Canton Network, and Progmat on the proof of concept. Mitsubishi UFJ Morgan Stanley Securities, Mitsubishi UFJ Trust and Banking, and […]

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Monaco Submits Draft Bill to Align Crypto Rules With MiCA

Coins Legend August 13, 2026 0

Monaco has submitted a draft bill to replace its 2022 crypto rules, aligning its regulatory environment with the MiCA framework and Financial Action Task Force standards. Evolving Beyond the 2022 Framework Monaco’s government has submitted a bill to its legislature to overhaul the Principality’s legal framework for crypto‑asset service providers, citing rapid growth in the

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A Maryland Man Won $50,000 Twice in a Year, and It Came Down to Persistence

Coins Legend August 13, 2026 0

A Waldorf, Maryland, lottery player has hit a $50,000 prize twice within a year, first through a Maryland Lottery Second Chance ticket and again in Bonus Match 5. The latest win came from the July 17 drawing after he bought his ticket at the Dash In on Smallwood Drive, capping roughly 20 years of playing. […]

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UK Lawmakers Press Banks on Crypto Access Ahead of New Rules

Coins Legend August 13, 2026 0

U.K. lawmakers are asking major banks whether the country’s incoming crypto framework will change how they treat regulated digital asset firms. The move forms part of a wider parliamentary inquiry into whether banking restrictions are holding back the sector. Probe on Banking Barriers for Crypto Access in the UK Deepens U.K. lawmakers are stepping up […]

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Coinbase Says Bug Reports Could Triple as AI Adds Security Noise

Coins Legend August 13, 2026 0

Coinbase’s bug bounty volume is on track to triple as AI-generated submissions flood its review queue, yet only 4% of first-half HackerOne reports were valid paid bugs. Human reviewers must separate credible threats from a growing wave of low-value reports. Why Are Coinbase’s Bug Reports Surging? Human reviewers face a growing screening burden as inexpensive […]

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Why BIP-110 Failed: Flawed Soft Fork Design or Miner Capture?

Coins Legend August 13, 2026 0

BIP-110 proponents argues that the rejection of the proposal proves Bitcoin has been “captured” by a centralized cartel of major mining pools. Critics insist the rejection validates Bitcoin’s governance model, demonstrating its built-in anti-fragility—remaining resistant to unilateral or contentious changes. A Fracture in Node Sovereignty In the wake of the now-failed

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Coinbase Launching 170+ Derivatives Contracts for UK Professionals

Coins Legend August 13, 2026 0

Coinbase will open more than 170 derivative contracts to eligible UK professional investors, with leverage of up to 50x. The offering spans crypto, commodities, equities, and foreign exchange, while availability expands progressively from the coming weeks into the following months. UK Professional Investor Access Eligible UK professional investors will gain futures,