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Hong Kong to Vet Stablecoin Holders, Operations Over $8,000 to Be Scrutinized

Coins Legend July 31, 2025 0

The Hong Kong Monetary Authority (HKMA) has revealed that stablecoin holders will be verified using KYC methods to alleviate financial risks derived from the usage of these assets. The authority explained that three types of institutions will be allowed to exert these verifications. HKMA: Hong

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Confidential Layer Launches First Decentralized Bridge for Privacy‑Enhanced Tokens

Coins Legend July 31, 2025 0

New protocol lets Bitcoin, Ethereum and other major chains gain opt‑in confidentiality without giving up liquidity or self‑custody 31st July 2025 – Confidential Layer, an interoperability start‑up building on the Bridgeless L1 blockchain, today announced the public launch of its non‑custodial cross‑chain bridge. The release enables users to upgrade their favorite assets

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Kraken Plans to Raise $500 Million at $15 Billion Valuation Ahead of Potential IPO

Coins Legend July 31, 2025 0

Crypto exchange Kraken is reportedly planning to raise $500 million at a $15 billion valuation as it prepares for a potential initial public offering (IPO) in early 2026, according to The Information. With a daily trading volume of approximately $1.25 billion, Kraken aims to solidify its valuation and maintain momentum after recent legal victories. The […]

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Crypto Derivatives 101 – Market Breakdown: Who’s Winning the Race?

Coins Legend July 31, 2025 0

Crypto derivatives have become the backbone of modern digital asset markets, powering liquidity and risk management for both retail and institutional players. In 2024, derivatives trading volumes dwarfed spot markets, with perpetual swaps alone reaching $58.5 trillion across major centralized exchanges and decentralized platforms posting 138% YoY growth. With institutions

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Yes, Bitcoin Adoption Reached 70% in El Salvador, but There’s a Catch

Coins Legend July 31, 2025 0

According to figures compiled by Cornell University, El Salvador boasts one of the highest bitcoin ownership rates in the world, reaching over 70% at one point. Nonetheless, while these numbers may be accurate, the circumstances behind them need to be understood. Bitcoin Ownership in El Salvador Gone Viral: The Truth Behind the Numbers El Salvador […]

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Auradine Shipped $73M Worth of Bitcoin Miners to MARA in H1 2025

Coins Legend July 31, 2025 0

MARA received $73.3 million worth of Teraflux Bitcoin miners from Silicon Valley chip startup Auradine during the first half of 2025, according to the company’s latest quarterly filing. This article is from Theminermag, a trade publication for the cryptocurrency mining industry, focusing on the latest news and research on institutional bitcoin mining companies. The amount

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Bitcoin Rebounds From Crash Following Fed Decision; $431 Million Liquidated

Coins Legend July 31, 2025 0

Bitcoin rebounded from a “flash crash” on July 30, trading above $118,900 before dropping to below $118,700. The crash followed the U.S. Federal Reserve’s decision to maintain interest rates, causing BTC to plummet from around $118,600 to a low of $115,784. Flash Crash Triggers Significant Liquidations Bitcoin ( BTC) recovered from a late July 30 […]

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Phoenix Group Formalizes $150M Crypto Treasury in Q2 2025 Results

Coins Legend July 31, 2025 0

Abu Dhabi-headquartered bitcoin miner Phoenix Group, listed on the ADX, reported strong financial and operational results for Q2 2025, highlighting the formalization of a digital asset treasury valued at over $150 million, making it the first ADX-listed company to do so. The treasury primarily consists of 514 BTC and over 630,000 SOL. The company generated […]

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Caitlin Long Joins Publicsquare Board

Coins Legend July 31, 2025 0

PSQ Holdings, Inc. (NYSE: PSQH), also known as Publicsquare, announced on Wednesday, the appointment of longtime crypto advocate and Custodia Bank CEO Caitlin Long, to its board of directors. Publicsquare owns multiple brands including a marketplace of American-made items, a payments platform, a financing arm, and an online store for premium baby products. The company […]

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180 Life Sciences Secures $425 Million to Build ETH Treasury

Coins Legend July 31, 2025 0

180 Life Sciences is pivoting to crypto with a $425 million private placement to build an ether treasury and rebrand as ETHzilla. ETHzilla Incoming: 180 Life Sciences Goes All-In on Ethereum With $425 Million Funding 180 Life Sciences Corp. (Nasdaq: ATNF) has announced a major strategic pivot, raising $425 million through a PIPE (private investment […]