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

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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

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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

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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

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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

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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

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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

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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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Shiba Inu Top Developer Breaks Silence on LEASH Supply Boom

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Shiba Inu Top Developer Breaks Silence on LEASH Supply Boom

Kaal Dhairya, Shiba Inu’s (SHIB) top developer, has provided clarity on the surprise and controversial change in LEASH’s token supply. In an update shared on X, Dhairya explained how LEASH’s total supply increased by approximately 10%. Notably, LEASH supply increased after an additional 10,765 new tokens were created on the platform on Aug. 11, 2025. This marked a significant development given that, for many years, community members believed in a fixed supply. The project had also claimed that it disabled rebasing. For clarity, rebasing means automatically adjusting the token supply…

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The Sandbox launches largest LAND sale to date on GBM Auctions

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The Sandbox launches largest LAND sale to date on GBM Auctions

The Sandbox, the leading social gaming metaverse, is partnering exclusively once again, with GBM Auctions to launch its largest set of auctions for LAND to date. The drop includes 110 LANDs (including 4 Estates exclusive to this sale) and 220 branded avatars across 22 IPs, all distributed via GBM Auctions’ Win-Win auction protocol. In a first for The Sandbox, auctions will precede its own platform sale, highlighting a shift in how LAND is brought to market and underscoring GBM’s role as the auction layer for Web3-native asset distribution. A fairer…

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Fumbi Network acquires DLTPAY, a Techstars-backed fintech application

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Fumbi Network acquires DLTPAY

Fumbi Network, a leading investment platform for digital assets in the CEE region, just announced the acquisition of DLTPAY, a seed-stage fintech firm known for its non-custodial wallet application built around stablecoins. “We saw an opportunity to scale our services more efficiently with a solution that fits well with Fumbi’s vision, to better meet the needs of our growing user base,” said Juraj Forgacs, CEO and Founder of Fumbi Network. “Through this acquisition, we can accelerate the rollout of new features requested by our users, while expanding capabilities across the…

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