News

SEC, CFTC Forge Their Own Crypto Paths as CLARITY Act Stalls Out

Coins Legend August 12, 2026 0

As far as digital asset regulation is concerned, the U.S. Securities and Exchange Commission (SEC) is not waiting around for Congress. The agency has scheduled an open meeting for Friday, Aug. 14, to weigh a proposal that could make it easier for crypto companies to raise money without enduring

News

AUSTRAC Halts 96 Cryptolink Crypto ATMs Over Compliance Risks

Coins Legend August 12, 2026 0

Australia’s financial crime regulator has forced 96 Cryptolink crypto ATMs offline for three months after identifying renewed compliance failures. The suspension follows earlier enforcement over transaction reporting and anti-money laundering controls. Why Did AUSTRAC Shut Down Cryptolink’s 96 Crypto ATMs? Cryptolink’s 96 cryptocurrency automatic teller machines (CATMs),

News

Connecticut Judge Says Kalshi Sports Contracts Were Never Swaps

Coins Legend August 12, 2026 0

A federal judge denied Kalshi’s request for a preliminary injunction against Connecticut regulators, holding that its sports-event contracts are not swaps under the Commodity Exchange Act, so the CFTC’s exclusive jurisdiction never attached. Coinbase Financial Markets lost a companion motion on the same reasoning despite never having received a cease-and-desist. Not Swaps,

News

Sui Co-Founder Is Building Quantum-Safe Hardware Wallets For $10

Coins Legend August 12, 2026 0

Mysten Labs co-founder and chief cryptographer Kostas Chalkias says he has quietly leased a factory to mass-produce quantum-resistant hardware wallet cards for Sui, aiming to keep users safe from a threat that just cost bitcoin holders roughly $130 million. A Personal Mission Kostas “Kryptos” Chalkias, co-founder and chief cryptographer at Mysten Labs, the company behind

News

Empery Sells 1,635 BTC for $102.2M as Liquidity Tightens

Coins Legend August 12, 2026 0

Empery Digital sold 1,635 BTC for $102.2 million after the second quarter, cutting its bitcoin holdings to 1,279 BTC. With most of the remaining BTC pledged against debt and a potential $62.1 million property commitment ahead, the company’s liquidity flexibility has tightened. Empery Cuts Bitcoin Holdings to 1,279 BTC Empery Digital is drawing down its […]

News

FSB Raids Moscow City Crypto Hub in Major Fraud Bust

Coins Legend August 11, 2026 0

Russian authorities disrupted nine foreign-coordinated cryptocurrency channels operating out of the Moscow City business district. Over 20 employees from unregistered crypto exchanges and several couriers were detained for their involvement in the laundering operation. Foreign Crypto Laundering Ring Dismantled Russian authorities recently dismantled a financial laundering

News

Bitcoin Stalls at $63,400 as ETFs Outpace Network Issuance

Coins Legend August 11, 2026 0

Bitcoin dipped 0.7% to trade near $63,400 after a brief morning rally to $64,400 failed. Volatility triggered $39 million in total liquidations over 24 hours, heavily skewed toward long positions. Volatility and Liquidation Trends Bitcoin remained under pressure Tuesday, more than 24 hours after the revelation that Strategy sold 1,690 bitcoins to fund the repurchase […]

News

Schiff: Bitcoin Is ‘Anti-Gold’ as War, Inflation Fuel Rally

Coins Legend August 11, 2026 0

Peter Schiff says bitcoin has become “anti-gold,” arguing the asset’s recent slide will continue as war-driven inflation fears send gold and silver higher, a divergence he says proves bitcoin never behaved like digital gold in the first place. The ‘Anti-Gold’ Argument Schiff, the Euro Pacific Asset Management chief executive and longtime bitcoin critic, has spent […]

News

Nvidia Taps Blackrock, Goldman Sachs, Blackstone to Mobilize $500B for AI

Coins Legend August 11, 2026 0

Nvidia is working with major Wall Street firms to mobilize more than $500 billion for AI infrastructure over time. The financing platforms could turn GPU compute into a long-duration institutional investment category. Wall Street Capital Moves Into Nvidia AI Infrastructure More than $500 billion of third-party capital could support AI infrastructure through independent

News

Coinbase Builds Abu Dhabi Hub to Put Global Stocks Onchain

Coins Legend August 11, 2026 0

Coinbase has secured regulatory approval in Abu Dhabi to build an international hub for tokenized securities, giving the crypto exchange a supervised base for bringing traditional stocks onto blockchain networks outside the United States. The Financial Services Regulatory Authority of Abu Dhabi Global Market, or ADGM, granted Coinbase a Financial Services Permission