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NY AG Secures $5M From Uphold to Compensate Crypto Investors

Coins Legend May 3, 2026 0

Uphold will pay more than $5 million to compensate customers affected by CredEarn, a third-party crypto investment product. The New York settlement requires stronger product reviews, broker registration, and transfer of any Cred bankruptcy recoveries to harmed investors. Key Takeaways: Uphold

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Taiwan Lawmaker Calls for Bitcoin Reserve Funded by $602B FX Chest

Coins Legend May 3, 2026 0

A Taiwanese legislator has formally presented a proposal to the country’s premier and central bank governor to allocate part of Taiwan’s $602 billion in foreign exchange (FX) reserves into bitcoin. Key Takeaways: Legislator Ko Ju-Chun presented a BPI bitcoin reserve report to Taiwan’s premier and central bank. Taiwan’s $602B FX reserves are over 80% in […]

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Coinshares SEC Filing Reveals $165 Million Revenue Amid Global Expansion

Coins Legend May 2, 2026 0

Coinshares officially reported its fiscal year 2025 financial results on May 1, 2026, marking its first annual filing as a U.S.-listed company. Key Takeaways: Coinshares PLC reported $7.4 billion in gross AUM for FY2025 following its April 1, 2026, Nasdaq listing. The firm’s asset management revenue rose 13.1% to $126.4 million, maintaining a steady 170 […]

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Mixed Signals: Bitcoin Options Show 58% Calls vs 42% Puts as Price Holds Steady

Coins Legend May 2, 2026 0

Bitcoin derivatives markets are sending mixed signals Saturday as open interest climbs back toward $30 billion as options and futures traders hold positions across every major exchange. Key Takeaways: Binance leads all exchanges in BTC futures open interest at 134,620 BTC, while CME posted the strongest 24-hour gain at plus 6.16% on May 2. Deribit’s […]

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Paradigm Researcher Proposes PACTs to Shield Dormant Bitcoin From Quantum Computing Risk

Coins Legend May 2, 2026 0

Paradigm researcher Dan Robinson published a proposal on May 1 that could let dormant bitcoin holders, including those believed to be Satoshi Nakamoto’s coins, silently prove address control before quantum computers can crack their keys. Key Takeaways: Paradigm’s Dan Robinson proposed PACTs on May 1, 2026, offering bitcoin holders a free, private way to timestamp […]

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Trump’s WLFI Sells 5.9 Billion Tokens to Private Buyers, Leaving Early Investors Locked Out

Coins Legend May 2, 2026 0

World Liberty Financial has sold an additional 5.9 billion WLFI tokens to undisclosed private investors, without informing existing backers, sending the token to an all-time low and deepening scrutiny over the Trump family-backed decentralized finance ( DeFi) project. Key Takeaways: WLFI sold 5.9 billion tokens privately without disclosing buyers, sending the token to an

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Whale Pulls 1,051 BTC Worth $82.35M From Binance in Single Transaction

Coins Legend May 2, 2026 0

A freshly created wallet has withdrawn 1,051 bitcoin from Binance in a single move worth approximately $82.35 million, with analysts pointing to the transaction as a signal of deliberate accumulation. Key Takeaways: A new wallet pulled 1,051 BTC worth $82.35 million from Binance, per Lookonchain. U.S. bitcoin ETFs recorded $630 million in net inflows on […]

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ZachXBT Exposes US Law Firm Gerstein Harrow’s $71M Grab of Stolen Lazarus Funds

Coins Legend May 2, 2026 0

Onchain investigator ZachXBT has accused U.S. law firm Gerstein Harrow LLP of filing fraudulent claims over frozen crypto assets linked to North Korea’s Lazarus Group, a tactic he says directly harms the actual victims of recent exploits. Key Takeaways: ZachXBT named Gerstein Harrow LLP for filing fake DPRK claims to seize $71M in frozen KelpDAO […]

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Cryptoquant Researchers Warn Bitcoin’s April Rally Mirrors 2022 Bear Market Demand Pattern

Coins Legend May 2, 2026 0

Cryptoquant data shows bitcoin’s 20% April rally from $66,000 to $79,000 was built entirely on perpetual futures demand while spot buying contracted throughout the move, raising serious questions about the rally’s durability. Key Takeaways: Cryptoquant data shows bitcoin’s April 2026 rally from $66K to $79K was driven entirely by perpetual futures demand, with zero spot

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Hyperliquid Launches HIP-4 and Targets Polymarket With Zero-Fee Outcome Markets

Coins Legend May 2, 2026 0

Hyperliquid activated its HIP-4 Outcome Markets on mainnet May 2, 2026, bringing fully collateralized, onchain prediction markets directly into the same account where traders already run perpetual futures and spot positions. Key Takeaways: Hyperliquid launched HIP-4 Outcome Markets on mainnet May 2, 2026, with BTC daily binary contracts live and trading. HIP-4 charges zero