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The Telegram platform has garnered attention from the community, with the arrest of co-founder Pavel Durov. The arrest occurred on Saturday when he arrived in France for allegations related to Telegram’s moderation activities. Several leading community members have expressed their concerns regarding the issue. Notably, the messaging platform made an
Tron [TRX] founder Justin Sun is once again in the spotlight, this time for his involvement with Wrapped Bitcoin (WBTC). Recently, Sun’s wallet, identified as “0xbe6,” withdrew 637 WBTC (valued at $40.8 million) from Binance on the Ethereum blockchain, just eight hours prior. This activity follows a custody deal with
Expectations on a possible Federal Reserve rate decrease in September skyrocketed, leading to a strong gain in the cryptocurrency market last week. Ethereum was trading at $2,800 while Bitcoin was close to $65,000 over the weekend. Next up, among other important events, are the US PCE numbers, which, among other
French authorities have arrested Pavel Durov, founder and CEO of the encrypted messaging platform Telegram. This is in connection with a search warrant that targets suspected infractions of the platform. Upon arriving at Le Bourget airport north of Paris, Durov was apprehended, according to Le Monde and other French media
Blockchain investment behemoth Digital Currency Group (DCG) has paid off all of its short-term debts as of June. This is according to a quarterly shareholder letter the business sent out this week. Thanks in large part to a stellar performance during the first half of the year, the firm was
In a court filing, Robert F. Kennedy (RFK) Jr., a politician who has been vocal in his support for Bitcoin and who ran for president before, confirmed that he would back Donald Trump. The court filing officially confirmed what many political analysts had suspected all along, and they had been
The most powerful indication of Fed rate reduction came from US Federal Reserve Chair Jerome Powell during his Friday address in Jackson Hole. Following the recent publication of the FOMC Minutes, the stock and cryptocurrency markets were already in a bullish mood. But Powell’s statement that “The time has come
Coinbase has announced that it would offer EURC, Circle’s euro-backed stablecoin that integrates with Solana. With more and more eyes on the crypto industry, the stablecoin market is seeing more attention worldwide, prompting this move. It is worth mentioning that the most recent declaration follows the exchange’s previous statement that
In preparation for an impending network upgrade, the cryptocurrency exchange Upbit will temporarily disable the Near Protocol’s (NEAR) deposit and withdrawal services. An official announcement states that the suspension will start on August 26 at 3 am UTC. And continue on until the network upgrade is determined to be stable.
Mike Carson, the founder of the Bitcoin-based naming project Spaces Protocol, argues on the recent DNS attack on Squarespace. He highlights the need for decentralized domains on the blockchain. On July 11, 2024, over 100 crypto projects were affected by an attack on the Squarespace DNS registry, leading to phishing
