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Libra Case Update: $57 Million Frozen, Investigations Progress

Coins Legend June 1, 2025 0

Legal actions against the Libra meme coin, which was shared by Argentina’s President Javier Milei, continue to progress. This week, Circle froze two addresses containing over $57 million in funds, while authorities investigate the involvement of individuals allegedly linked to the meme coin.

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Inside the Crypto Whale Games: How Liquidation Hunting Targets Leveraged Traders

Coins Legend June 1, 2025 0

One of crypto’s infamous high-stakes traders forfeited more than $100 million on the decentralized exchange (DEX) Hyperliquid. The pressing question now is: Was this catastrophic unraveling of leverage quietly orchestrated by the tactic known as liquidation hunting or simply bad luck? Crypto Perp Traders Beware: The Mechanics of Liquidation Hunting When Hyperliquid trader

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Bitcoin Price Watch: Market Stalls at $104K—What Comes Next?

Coins Legend June 1, 2025 0

Bitcoin price stands at $103,997 to $104,281 over the last hour as of June 1, 2025, with a market cap of around $2.06 trillion. During the past 24 hours, the leading crypto asset has recorded a trading volume of $15.8 billion within an intraday range of $103,127 to $104,947 per bitcoin, reflecting a narrow consolidation […]

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Vance Champions Bitcoin in Vegas, Trump Media Secures $2.5B to Buy Bitcoin, and More — Week in Review

Coins Legend June 1, 2025 0

Vance champions Bitcoin at Las Vegas Conference, Trump Media secures $2.5B to buy bitcoin, Blackrock warns of quantum hack risk, and more in this Week in Review. Week in Review U.S. Vice President J.D. Vance announced the end of “Operation Chokepoint 2.0” and voiced strong support for Bitcoin at a Las Vegas conference, while Trump […]

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Latam Insights: Bolivia Bans Crypto Energy Transactions, Panama Accelerates Bitcoin Adoption

Coins Legend June 1, 2025 0

Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this week’s edition, Bolivia bans a state-owned oil company from using crypto to settle energy transactions, Panama accelerates bitcoin adoption policies, and the IMF approves El Salvador’s economic performance. Bolivia Bans State Oil Company From […]

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Amboss Launches Rails: Earn Yield on Bitcoin and Enhance Lightning Network Utility

Coins Legend June 1, 2025 0

Amboss, a solutions provider for the Bitcoin Lightning Network, has launched Rails, a self-custodial bitcoin service aimed at enhancing asset utility for companies, custodians, and high net worth individuals. Rails allows participants, referred to as Liquidity Providers (LPs), to maintain full custody of their bitcoin while generating returns through payment routing and

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South African Judge Slams Central Bank for Using Apartheid-Era Laws to Regulate Crypto

Coins Legend June 1, 2025 0

A South African judge has slammed the South African central bank for using outdated exchange control laws from the apartheid era to regulate cryptocurrencies. Judge: Apartheid-Era Laws Unfit for Cryptocurrency Regulation A High Court judge has criticized the South African Reserve Bank (SARB) for its continued reliance on outdated exchange control laws to regulate

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Ross Ulbricht Given 300 Bitcoin Donation

Coins Legend June 1, 2025 0

Ross Ulbricht, the recently freed founder of the Silk Road marketplace, has received a donation of 300 BTC, valued at over $31 million, to his designated donation wallet. The substantial contribution comes as Ulbricht seeks support following his release from prison, where he served a lengthy sentence for his role in operating the dark web […]

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Panama Accelerates Bitcoin Adoption: Payments, Bank Accounts, and a Strategic Reserve Ahead

Coins Legend June 1, 2025 0

The mayor of Panama City, Mayer Mizrachi, made several announcements at the Bitcoin 2025 conference. Mizrachi revealed that Caja de Ahorros, the second-largest bank in the country, would launch bitcoin-based savings accounts and floated the idea of accepting bitcoin payments for the canal. Panama Prepared to Become Bitcoin Hub: Mayer Mizrachi Made Major Announcements

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Multichoice’s Irdeto and Coinbase Unite Against Illicit Cryptocurrency Use

Coins Legend June 1, 2025 0

Irdeto, the African entertainment platform Multichoice’s digital security subsidiary, has partnered with Coinbase to combat cybercriminals using cryptocurrency for piracy and other illicit activities. Irdeto’s intelligence-led investigations have shown an increasing use of cryptocurrency by illicit service providers, rising from 13% in 2022 to 19% in 2024. Through this