An Ethereum developer, identified as @fede_intern on X, was detained in Izmir, Turkey, on August 11, 2025, over allegations of “blockchain misuse,” stirring concern across the global crypto community. The charges, described as vague by sources, reportedly involve claims of facilitating illicit transactions, potentially tied to money laundering or bypassing Turkey’s capital controls. Official details remain scarce, with no formal …

Solana (SOL) has climbed 11.9% over the past week, reaching $169.13 and fueling speculation about a potential new all-time high above its 2021 peak of $293.31. This rally, driven by robust on-chain activity and ecosystem growth, positions Solana as a leading smart contract blockchain. The surge is propelled by several factors. Solana’s on-chain transaction volume hit an all-time high, averaging …

El Salvador, the first country to adopt Bitcoin as legal tender in 2021, has passed the Investment Banking Law on August 7, 2025, aiming to attract institutional investors and bolster its crypto hub status. This legislation allows investment banks with at least $50 million in capital to hold Bitcoin and offer digital asset services to “sophisticated investors” with over $250,000 …