SEC Nigeria pushes for full transparency in crypto transactions to combat fraud

SEC Nigeria pushes for full transparency in crypto transactions to combat fraud

The Securities and Exchange Commission (SEC) has reiterated its commitment to leveraging blockchain intelligence to combat the growing wave of cryptocurrency-related fraud, in a decisive move to strengthen oversight of Nigeria’s digital asset ecosystem. Speaking at a joint webinar hosted by SEC Nigeria and global blockchain analytics firm Chainalysis on Monday, SEC Director-General Dr. Emomotimi Agama emphasized the need for full transparency in crypto transactions as a cornerstone of regulatory enforcement. The webinar, themed “Combating Scams with Blockchain Intelligence,” brought together regulators, analysts, and industry stakeholders to address the evolving…

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Blue Origin Now Accepts Bitcoin, Ethereum and Solana for Spaceflights

Blue Origin Now Accepts Bitcoin, Ethereum and Solana for Spaceflights

Amazon founder Jeff Bezos’ rocket and space exploration firm Blue Origin is now accepting cryptocurrencies like Bitcoin, Ethereum, and Solana to purchase flights to space. The payments are made possible via the firm’s collaboration with payments company Shift4, whose payment infrastructure is enabling the crypto purchases—which can also be made with popular stablecoins like USDT and USDC. “Crypto is now a $4 trillion asset class, and the sky is the limit when it comes to its potential in the current payments ecosystem,” Shift4 Head of Crypto Alex Wilson said in…

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Peter Thiel acquires 7.5% stake in Ethereum treasury ETHZilla

Peter Thiel acquires 7.5% stake in Ethereum treasury ETHZilla

Peter Thiel, the billionaire tech investor and co-founder of PayPal and Palantir, is part of an investor group that holds a 7.5% stake in 180 Life Sciences, which is rebranding as ETHZilla, an Ethereum-focused corporate treasury vehicle, according to a new SEC disclosure. Shares of 180 Life Sciences (ATNF) jumped over 11% at Monday’s close and surged roughly 57% in overnight trading, Yahoo Finance data shows. 180 Life Sciences announced its Ethereum treasury plan in late July. On Monday, the biotech firm said it sold $156 million in senior secured…

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Kakao Prepares Korean Won Stablecoin on Kaia as Lawmakers Weigh New Rules

Kakao Prepares Korean Won Stablecoin on Kaia as Lawmakers Weigh New Rules

South Korean internet conglomerate Kakao is preparing a Korean won stablecoin through its involvement in the Kaia blockchain, which recently registered related trademarks with the Korean Intellectual Property Office. Kaia, which operates the public blockchain formed from the merger of Klaytn and Finschia, disclosed with Decrypt that it had registered the “KRWGlobal,” “KRWGL,” “KRWKaia,” and “KaKRW” trademarks earlier this month. With Kakao and Kakao Pay serving on its governance council, Kaia is positioning a won-pegged token as a potential bridge to other fiat-backed stablecoins such as USD and JPY. Kakao…

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Stripe To Build ‘Tempo’ Payments Blockchain With Paradigm: Fortune

Stripe To Build ‘Tempo’ Payments Blockchain With Paradigm

Stripe, a private financial technology firm valued at $91.5 billion, is reportedly developing a payments-focused Layer 1 blockchain called Tempo with Paradigm, a crypto and research-driven venture capital firm. Said to be in stealth, the project was discovered in a product marketing job listing on the Blockchain Association’s careers board that described Tempo as a “high-performance, payments-focused blockchain.” The post was taken down after Fortune reached out to Stripe to confirm its report. Decrypt has also reached out to Stripe and Paradigm to confirm details. The reported blockchain buildout follows…

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SharpLink Gaming Faces Share Decline Amid $400 Million Ether Acquisition Deal

SharpLink Gaming Faces Share Decline Amid $400 Million Ether Acquisition Deal

SharpLink Gaming recently announced a $400 million share purchase deal to enhance its Ether holdings. This strategic move is expected to raise its total ETH assets to over $3 billion, positioning the company as a significant player in the cryptocurrency market. Following the announcement, SharpLink’s shares fell over 6.5% to $22.34 but saw a recovery in after-hours trading, gaining nearly 3.5% to $23.10. This volatility reflects investor sentiment and market dynamics surrounding cryptocurrency investments. What are the implications of SharpLink’s Ether purchase? The purchase is expected to enhance SharpLink’s market…

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Vitalik Buterin Proposes Ethereum Address Recovery Feature to Enhance Wallet Security

Vitalik Buterin Proposes Ethereum Address Recovery Feature to Enhance Wallet Security

Vitalik Buterin, co-founder of Ethereum, recently suggested a feature that allows users to set Ethereum addresses as a recovery method for their wallets. This innovative approach aims to enhance security and user trust within the Ethereum ecosystem. How Could This Feature Enhance Security? The proposed recovery method could significantly improve the management of digital assets. By allowing users to recover access through Ethereum addresses, the risk of losing access to wallets is reduced. This could make Ethereum more appealing to both new and existing users. What are the benefits of…

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Cryptomixer founders pled guilty to laundering money for cybercriminals

Cryptomixer founders pled guilty to laundering money for cybercriminals

The founders of the Samourai Wallet (Samourai) cryptocurrency mixer have pleaded guilty to laundering over $200 million for criminals. ​Samourai CEO Keonne Rodriguez and CTO William Lonergan Hill admitted to their involvement in the Samourai money laundering operation, pleading guilty to conspiracy for operating a money transmitting business that handled criminal proceeds, and are now facing a maximum sentence of five years in prison. As part of their plea agreements, Rodriguez and Hill have also agreed to forfeit $237,832,360.55. The two defendants were arrested in April 2024 and charged by…

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Hong Kong Grants OSL License for Retail Solana Trading

Hong Kong Grants OSL License for Retail Solana Trading

Hong Kong’s Securities and Futures Commission (SFC) has granted approval to OSL HK, the city’s first licensed digital-asset exchange, to offer retail trading of Solana (SOL). This development makes Solana the fifth cryptocurrency available to retail investors under the city’s regulated regime, joining Bitcoin (BTC), Ethereum (ETH), Avalanche (AVAX), and Chainlink (LINK). The exchange confirmed that Solana trading went live on August 11, 2025, at 11:00 PM (UTC+8) via its “Flash Trading” service. Retail traders can now access three trading pairs — SOL/USD, SOL/HKD, and SOL/USDT — with both deposits…

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8% of Ethereum Supply Now Sitting in ETFs or Company Reserves

8% of Ethereum Supply Now Sitting in ETFs or Company Reserves

Ethereum ETFs and strategic reserves now account for 7.98% of ETH’s total supply, according to data from Strategic ETH Reserve.xyz. This percentage has risen from about 3% as recently as the beginning of April, when no publicly listed company held any Ethereum as a reserve asset. Since then a wave of corporations have added ETH to their treasuries, helping the altcoin to rise from $1,800 in early April to its current price of $4,300. This includes firms such as Bitmine Immersion Tech, The Ether Machine and SharpLink Gaming, which respectively…

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