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$180 Million Hacked From Brazilian Banking System: Attackers Cashed out Using Crypto

Coins Legend July 3, 2025 0

According to local media, this may be the largest hack ever perpetrated against the Brazilian banking system. Attackers leveraged USDT and bitcoin to cash out through exchanges and crypto institutions, using instant payment systems such as Pix. Brazilian Banking System Exploited: Attackers Cash

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One Big Beautiful Bill Narrowly Passes Senate

Coins Legend July 3, 2025 0

The controversial bill now heads to the House of Representatives where it will also likely be vigorously debated. Close Call: Controversial ‘One Big Beautiful Bill’ Barely Clears Senate U.S. President Donald Trump’s so-called “one big beautiful bill (OBBB),” narrowly eked out a victory after both opponents and proponents of the president’s marquee legislation were left

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Hut 8 Secures Major Power Contracts in Canada

Coins Legend July 3, 2025 0

Hut 8 Corp announced on July 2 that its subsidiary, Far North Power Corp, has secured five-year capacity contracts with the Ontario Independent Electricity System Operator (IESO). Hut 8 Joint Venture Entity Wins IESO Auction The energy infrastructure platform Hut 8 Corp announced on July 2 that its entity Far North Power Corp has secured […]

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US Crypto Exchanges a ‘Blind Spot’ in North Korea Laundering Scheme

Coins Legend July 3, 2025 0

North Korean developers, operating as fake freelancers, have reportedly amassed over $16.5 million this year by infiltrating crypto and traditional tech companies, according to crypto sleuth ZachXBT. U.S. Exchanges Used to Launder Funds According to online crypto scam investigator ZachXBT, a total of $16.58 million has been paid to North Koreans hired as developers at […]

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Palmer Luckey and Peter Thiel Back New Bank Erebor to Fill Gap Left by Silicon Valley Bank

Coins Legend July 3, 2025 0

A group of tech billionaires, led by Palmer Luckey, co-founder of military contractor Anduril, is preparing to launch a new bank named Erebor, aimed at filling the gap left by Silicon Valley Bank (SVB) for start-ups, including those in the cryptocurrency sector. Backed by high-profile investors such as Peter Thiel’s Founders Fund and Joe Lonsdale […]

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US and EU Talks Signal Acceleration Toward Global Crypto Policy Alignment

Coins Legend July 3, 2025 0

U.S. and EU regulators ramped up digital asset coordination, signaling alignment on crypto rules, stablecoins, and central bank digital currencies with global market-shaping implications. Joint US-EU Talks Highlight Urgency to Build Cohesive Crypto Infrastructure Cross-border crypto oversight gained stronger momentum as U.S. and EU regulators doubled down on cooperation

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Ripple Boosts RLUSD Adoption With Embedded Finance and Payment Features

Coins Legend July 3, 2025 0

Ripple is scaling RLUSD-powered stablecoin payments globally, fusing blockchain precision with embedded fiat access to transform enterprise finance across high-impact markets. Ripple and Openpayd Join Forces to Power Global Stablecoin Payments Surging enterprise demand for seamless blockchain-to-banking integration is accelerating partnerships focused on compliant

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XRP Strategy Strengthens as Webus Secures $100M Equity Line Agreement

Coins Legend July 3, 2025 0

Webus is activating $100 million in XRP-driven funding to scale its XRP treasury strategy, expand crypto payments, and accelerate global growth across mobility and loyalty sectors. Webus to Supercharge XRP-Powered Financial Strategy A strategic leap toward crypto treasury innovation is unfolding as Webus International Ltd. (Nasdaq: WETO) announced that it has secured

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Blackrock Bitcoin ETF Titan Dethrones Its $624B S&P 500 Fund in Fee Revenue

Coins Legend July 3, 2025 0

Blackrock’s Bitcoin ETF is now out-earning its flagship S&P 500 fund, marking a pivotal moment as institutional money floods into crypto amid surging investor demand. Blackrock’s Bitcoin ETF Revenue Surpasses S&P 500 Fund Amid Crypto Demand Surge A sharp divergence in exchange-traded fund (ETF) revenue streams reveals how investor demand for crypto exposure is

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Ripple Files for National Bank License and Fed Master Account to Boost RLUSD Security

Coins Legend July 3, 2025 0

Ripple is charging into the regulated banking arena, seeking a national license and Federal Reserve access to vault its stablecoin into elite, federally supervised territory. Ripple’s Dual Licensing Move Sets Compliance Benchmark for Stablecoins Ripple announced on July 2 that it filed for a national banking license with the U.S. Office of the Comptroller of […]