{"id":14581,"date":"2025-08-13T12:24:09","date_gmt":"2025-08-13T11:24:09","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=14581"},"modified":"2025-08-13T12:24:11","modified_gmt":"2025-08-13T11:24:11","slug":"key-crypto-highlights-you-shouldnt-miss-from-yesterday","status":"publish","type":"post","link":"https:\/\/preprod.investx.fr\/en\/crypto-news\/key-crypto-highlights-you-shouldnt-miss-from-yesterday\/","title":{"rendered":"Key Crypto Highlights You Shouldn&#8217;t Miss from Yesterday"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"do-kwons-guilty-plea-marks-major-turning-point\">Do Kwon&#8217;s Guilty Plea Marks Major Turning Point<\/h2>\n\n\n\n<p><strong>Do Kwon<\/strong>, co-founder of <strong>Terraform Labs<\/strong>, has finally pleaded guilty to two counts of <strong>wire fraud<\/strong> in <a href=\"https:\/\/preprod.investx.fr\/en\/crypto-investing\/\">crypto<\/a> and <strong>conspiracy<\/strong>. Having previously maintained his innocence, he has now made a complete about-face, facing a potential sentence of up to <strong>25 years in prison<\/strong>. However, a plea agreement with prosecutors reportedly recommends a maximum sentence of <strong>12 years<\/strong>. The verdict is expected on <strong>December 11<\/strong>.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">JUST IN: Do Kwon pleads guilty to \u2018conspiracy to defraud\u2019 and \u2018wire fraud\u2019 over $40,000,000,000 LUNA collapse. <a href=\"https:\/\/t.co\/32CfH0ZLLG\">pic.twitter.com\/32CfH0ZLLG<\/a><\/p>&mdash; Whale Insider (@WhaleInsider) <a href=\"https:\/\/twitter.com\/WhaleInsider\/status\/1955278419874226523?ref_src=twsrc%5Etfw\">August 12, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>This decision marks a decisive turning point in the Terraform Labs case. Recall that Do Kwon and his company were at the center of <strong>the collapse of the Terra\/LUNA ecosystem in May 2022<\/strong>, an episode that shook the entire cryptocurrency market. Do Kwon&#8217;s guilty plea seems to signal the end of this saga that has permanently tarnished the sector&#8217;s reputation.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"circle-unveils-arc-blockchain-a-new-chapter-for-usdc-and-crypto\">Circle Unveils &#8220;Arc&#8221; Blockchain, A New Chapter for USDC and Crypto<\/h2>\n\n\n\n<p>Meanwhile, <strong>Circle<\/strong>, the issuer of the <strong>USDC<\/strong> stablecoin, has announced the upcoming launch of its own blockchain network, named &#8220;<strong>Arc<\/strong>&#8220;. Scheduled for release this year, this new network will be compatible with the <strong>Ethereum Virtual Machine (EVM)<\/strong> and aims to provide high-quality <strong>infrastructure<\/strong> for <strong>payment applications<\/strong>, exchange, and financial markets based on <a href=\"https:\/\/preprod.investx.fr\/en\/learn\/crypto\/\">cryptocurrencies<\/a>.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Introducing Arc, the home for stablecoin finance.<a href=\"https:\/\/twitter.com\/arc?ref_src=twsrc%5Etfw\">@Arc<\/a> is an open Layer-1 blockchain purpose-built to drive the next chapter of financial innovation powered by stablecoins.<br><br>Designed to provide an enterprise-grade foundation for payments, FX, and capital markets, Arc delivers\u2026 <a href=\"https:\/\/t.co\/Z8FHUls1xY\">pic.twitter.com\/Z8FHUls1xY<\/a><\/p>&mdash; Circle (@circle) <a href=\"https:\/\/twitter.com\/circle\/status\/1955246636223135976?ref_src=twsrc%5Etfw\">August 12, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>Notably, USDC will be Arc&#8217;s native token, allowing users to <strong>pay transaction fees<\/strong> with this stablecoin. This tight integration between the network and Circle&#8217;s flagship asset underscores the company&#8217;s ambition to establish itself as a major player in &#8220;crypto finance&#8221; in the coming years.<\/p>\n\n\n\n<p>Circle also announced a <strong>53%<\/strong> increase in revenue for the second quarter of 2025, demonstrating the strong momentum of its business.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"ethereum-developer-released-after-detention-in-turkey\">Ethereum Developer Released After Detention in Turkey<\/h2>\n\n\n\n<p>Another notable event today, <strong><a href=\"https:\/\/preprod.investx.fr\/en\/learn\/crypto\/ethereum\/\">Ethereum<\/a> developer Federico Carrone<\/strong>, known by the pseudonym &#8220;<strong>Fede&#8217;s Intern<\/strong>&#8220;, has been <strong>released<\/strong> after being detained for 24 hours in Turkey. He was accused of aiding the <strong>&#8220;illegal&#8221; use of Ethereum<\/strong>, in connection with privacy protocols such as <strong>Tornado Cash<\/strong>.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">\ud83d\udea8 NEW: <a href=\"https:\/\/twitter.com\/hashtag\/Ethereum?src=hash&amp;ref_src=twsrc%5Etfw\">#Ethereum<\/a> core dev Federico Carrone freed after 24-hour detention in Turkey! <a href=\"https:\/\/t.co\/Ia9jFRRYxC\">pic.twitter.com\/Ia9jFRRYxC<\/a><\/p>&mdash; Coinpaper (@coinpapercom) <a href=\"https:\/\/twitter.com\/coinpapercom\/status\/1955116254626213917?ref_src=twsrc%5Etfw\">August 12, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>Although the case is still ongoing, Carrone claims that his activities were purely related to <strong>research<\/strong> on &#8220;cryptocurrency mixers&#8221; and not illegal practices. His Turkish lawyer continues to work on his defense.<\/p>\n\n\n\n<p>This incident illustrates the <strong>legal gray areas<\/strong> surrounding certain crypto technologies, particularly those related to transaction privacy. It also highlights the challenges faced by developers in the sector, who must navigate still-evolving regulations.<\/p>\n\n\n\n<p>Today&#8217;s crypto news demonstrates the volatility and complexity of the rapidly evolving cryptocurrency sector. From Do Kwon&#8217;s guilty plea to Circle&#8217;s ambitious initiatives, to the <strong>legal troubles<\/strong> of an Ethereum developer, these events highlight the significant challenges the industry must face.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/preprod.investx.fr\/go-bitget\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Buy your crypto securely on Bitget exchange and earn $10 !<\/a><\/div>\n<\/div>\n\n\n\n<p><strong>More on this topic :<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/preprod.investx.fr\/en\/crypto-news\/chainlink-hitting-30-by-breaking-key-level\/\">Chainlink Primed to Surge to $30 if it Breaks Through This Key Level<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/preprod.investx.fr\/en\/crypto-news\/xrp-price-target-of-12-6-now-attainable-as-sec-lawsuit-comes-to-a-close\/\">XRP Price Target of $12.6 Now Attainable as SEC Lawsuit Comes to a Close<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/preprod.investx.fr\/en\/crypto-news\/2025-is-bitcoin-set-for-its-most-promising-year-yet\/\">2025 : Is Bitcoin Set for Its Most Promising Year Yet ?<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Today&#8217;s key developments in the crypto ecosystem are significant. Terraform Labs co-founder, Do Kwon, pleads guilty while Circle unveils its blockchain network &#8220;Arc&#8221;. An Ethereum developer is also released in Turkey.<\/p>\n","protected":false},"author":32,"featured_media":14580,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_yoast_wpseo_focuskw":"Crypto","_yoast_wpseo_title":"Top Crypto News Highlights from Yesterday : Don't Miss Out !","_yoast_wpseo_metadesc":"Stay updated with the latest crypto news : Do Kwon's guilty plea, Circle launching Arc, and Ethereum developer freed in Turkey.","footnotes":"","faq_titre":"","questions_frequentes":"","custom_permalink":""},"categories":[13,10],"tags":[],"class_list":["post-14581","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain-news","category-crypto-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Top Crypto News Highlights from Yesterday : Don&#039;t Miss Out 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Il d\u00e9sire d\u00e9sormais transmettre sa passion pour la crypto au travers de ses articles pour InvestX.","sameAs":["https:\/\/x.com\/charl3li"],"url":"https:\/\/preprod.investx.fr\/en\/author\/charles-ledoux\/"}]}},"_links":{"self":[{"href":"https:\/\/preprod.investx.fr\/en\/wp-json\/wp\/v2\/posts\/14581","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/preprod.investx.fr\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/preprod.investx.fr\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/preprod.investx.fr\/en\/wp-json\/wp\/v2\/users\/32"}],"replies":[{"embeddable":true,"href":"https:\/\/preprod.investx.fr\/en\/wp-json\/wp\/v2\/comments?post=14581"}],"version-history":[{"count":2,"href":"https:\/\/preprod.investx.fr\/en\/wp-json\/wp\/v2\/posts\/14581\/revisions"}],"predecessor-version":[{"id":14583,"href":"https:\/\/preprod.investx.fr\/en\/wp-json\/wp\/v2\/posts\/14581\/revisions\/14583"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/preprod.investx.fr\/en\/wp-json\/wp\/v2\/media\/14580"}],"wp:attachment":[{"href":"https:\/\/preprod.investx.fr\/en\/wp-json\/wp\/v2\/media?parent=14581"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/preprod.investx.fr\/en\/wp-json\/wp\/v2\/categories?post=14581"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/preprod.investx.fr\/en\/wp-json\/wp\/v2\/tags?post=14581"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}