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Legal Showdown Set: Court to Hear Fed Governor Lisa Cook’s Suit Against Trump on Friday

Coins Legend August 29, 2025 0

The president fired the central bank governor on Monday evening, but Cook is fighting back with a lawsuit that will likely end up at the Supreme Court. Fed Governor Lisa Cook’s Lawsuit Against Trump to Be Reviewed Friday “I will not resign. I will continue to carry out my duties to help the

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Block’s Jack Dorsey Endorses Bitcoin’s Primary Purpose: Payments

Coins Legend August 29, 2025 0

Jack Dorsey, chairman and co‑founder of Block, reaffirmed his support for what he considers bitcoin’s primary function: payments. On social media, he liked a post that describes bitcoin as electronic cash for completing peer‑to‑peer payments. Jack Dorsey Endorses Original Bitcoin Vision: Electronic Cash for Payments While some have embraced bitcoin as a financial asset,

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US Publishes GDP on Blockchain—New Era of Immutable Economic Data Begins

Coins Legend August 29, 2025 0

America just locked its GDP data on nine blockchains, unleashing a bold new era of transparent, tamper-proof federal reporting that cements crypto’s role in economic infrastructure. America Just Made GDP Immutable—9 Chains Now Store Federal Data The U.S. Department of Commerce announced on Aug. 28 that it has published the second quarter 2025 gross domestic […]

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Falcon Finance Launches $10M Onchain Insurance Fund

Coins Legend August 29, 2025 0

Falcon Finance has launched an onchain insurance fund with an initial $10 million contribution to enhance risk management and protect users of its USDf stablecoin ecosystem. $10M Backstop: Falcon Finance Establishes Onchain Safeguard According to the release shared with Bitcoin.com News, Falcon Finance has established an onchain insurance fund, seeding it with an initial

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DeFi Development Corp. Bolsters Treasury With $77 Million Solana Purchase

Coins Legend August 29, 2025 0

DeFi Development Corp. disclosed it has purchased $77 million worth of solana ( SOL) using proceeds from a recent equity financing round. Public Company DeFi Dev Corp. Now Holds $371M in Solana On Thursday, DeFi Development Corp. (Nasdaq: DFDV) revealed it had acquired 407,247 solana ( SOL) at an average price of $188.98 per token. […]

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Crypto Controversy: Crypto Sleuth ZachXBT’s XRP Accusations Prompt Claims of Personal Grudge Against Ripple

Coins Legend August 28, 2025 0

On Aug. 28, crypto investigator ZachXBT sparked a controversy by accusing XRP holders of being “exit liquidity” for insiders. His claim prompted counter-allegations from a researcher that ZachXBT’s hostility stems from a rejected offer to work for Ripple. The ‘Exit Liquidity’ Rationale The online crypto sleuth ZachXBT stirred a hornet’s nest on Aug. 28 when […]

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Meme Coin Market Climbs 23.9% Since Early July, Adding $14 Billion

Coins Legend August 28, 2025 0

Over the past few weeks, cryptocurrencies have experienced significant fluctuations, yet the meme coin sector has grown considerably, climbing by $14.15 billion over the last 51 days. Meme Coins Still Carving Out a Slice of Crypto The five largest meme coins by market value are topped by dogecoin (DOGE) at $33.26 billion, with shiba inu […]

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Bitcoin Nudged Higher by Strong US GDP Figures

Coins Legend August 28, 2025 0

The U.S. Bureau of Economic Analysis (BEA) published better-than-expected economic data on Thursday morning. Stronger-Than-Expected GDP Figures Lift BTC, Albeit Modestly The American economy roared past expectations and expanded by 3.3% in Q2 according to Thursday’s announcement by the Bureau of Economic Analysis (BEA). Economists had predicted a growth rate of anywhere

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Lombard Introduces Native Bitcoin Yield to Solana’s DeFi Ecosystem

Coins Legend August 28, 2025 0

Lombard Finance has launched its yield-bearing bitcoin token, LBTC, on the Solana blockchain, introducing the yield-generating BTC asset to the ecosystem. Lombard’s LBTC Launches on Solana According to the release shared with Bitcoin.com News, the integration brings more than $1.5 billion in liquid staked bitcoin (BTC) to Solana’s decentralized finance (DeFi) landscape.

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Real Estate Manager Caliber to Add Chainlink’s LINK to Corporate Treasury

Coins Legend August 28, 2025 0

Real estate asset manager Caliber Inc. announced Thursday that its board of directors has formally approved a new strategy to allocate a portion of its treasury funds to acquire and manage cryptocurrency assets. Caliber Establishes Crypto Advisory Board to Oversee New LINK Holdings Caliber’s (Nasdaq: CWD) new digital asset treasury strategy will initially focus on […]