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Forwarded from Crypto TV
❗️❗️❗️Telegram Founder and CEO Pavel Durov Arrested in France

Pavel Durov, the founder and CEO of Telegram, was arrested at Le Bourget airport in France due to a search warrant issued on the basis of a preliminary investigation.

Authorities claim that the lack of moderation and cooperation with law enforcement on Telegram make it an accomplice in various crimes, including drug trafficking and fraud. Durov may face indictment for multiple offences, such as terrorism, narcotics, and money laundering.

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Channel photo updated
Bybit is giving away $7,000,000 in DOGS!

Here’s how to claim your share of the tokens:

1. Sign up using this link — Bybit $30k
2. Complete Level 1 verification
3. Click the registration button in the promo

Currently, there are two campaigns:

Campaign 1 — 192,500 DOGS per account
for new users only

1. Deposit 100 USDT and use it to buy DOGS
2. Receive 192,500 DOGS (worth over $500)

Campaign 2 — Up to 30,000,000 DOGS per account
for all users

1. Trade DOGS for an amount of $500 or more
2. Earn up to 30 million DOGS ($84.8k) — amount depends on trading volume

Official promo: link
DOGS listing: August 26 at 15:00 Moscow time (in 2hrs from now)
When is the giveaway: The first 10k users will receive $DOGS today


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✈️ Arrest of Pavel Durov in France: Global Support

On August 24, the founder of Telegram, Pavel Durov, was arrested in France.

Charges were filed on July 8, sparking a wave of support worldwide:

Crypto Communities:

◽️ TON: Updated the Toncoin logo to "Resistance Dog" — a symbol of Digital Resistance initiated by Durov.
◽️ Memeland: Used its fund to purchase $1 million in TON to support Durov.
◽️ DWF Labs: Founder Andrei Grachev bought $500,000 worth of TON on the open market.
◽️ TRON: Justin Sun proposed creating a #FreePavel DAO, pledging $1 million in support.

Social Media Executives:

◽️ Elon Musk (X): Supported Durov by posting clips and using the hashtag "#FreePavel."
◽️ Chris Pavlovski (Rumble): Left Europe after Durov's arrest and called for his release, engaging in legal battles in France.

Free Speech Advocates:

◽️ Edward Snowden: Called the arrest an attack on basic rights of free speech and association.
◽️ Lex Fridman: Stated that the arrest threatens not only Telegram but all online platforms.
◽️ Tucker Carlson: Highlighted that Durov was arrested not in Russia, but in a Western NATO country.

Politicians:

◽️ Robert F. Kennedy Jr.: Said that the protection of free speech has never been more urgent.
◽️ Nigel Farage (Reform UK): Called Durov's arrest "concerning," noting that all platforms face challenges.
◽️ Florian Philippot (Les Patriotes): Stated that France showed its "tyrannical face to the world" and called the arrest an "attack on free speech."

Communities are urging supporters to join the #DigitalResistance and #FreeDurov movements.


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⚡️ Analysis of the Situation Surrounding Pavel Durov's Arrest: Possible Motives

As everyone discusses Pavel Durov's arrest and its potential consequences, it’s worth considering a few key theories:

➡️ Political Motive:

Control over Telegram with its billion-user audience is a tempting prize for many. This might be an attempt by the EU or the U.S. to gain access to user data, especially in light of current geopolitical conflicts.

But the goals remain unclear: to intimidate, obtain encryption keys, or simply set a precedent?

➡️ Legal Reasons:

Accusing Telegram of facilitating crimes through its platform is akin to blaming a car manufacturer for crimes committed with its vehicles.

Interestingly, the Belgian regulator responsible for overseeing Telegram was not involved in Durov's arrest and has not received any reports of violations.

➡️ Economic Motives:

The TON ecosystem is actively growing, integrating cryptocurrency and complying with regulatory norms. This could be troubling to certain circles, given TON's market potential.

➡️ Rumors and Theories:

- Unresolved issues in Baku
- Possible shorting of TON
- Personal motives or competition
- Durov is just a witness, and they’re looking for someone else.

Any of these theories might be valid, but they currently seem superficial.

It’s important to remember that if the charges are confirmed, TON could see a significant drop in value. If Durov is released on bail, a short-term price increase is possible.

August 28 will be a critical day for everyone following this situation.


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Forwarded from Crypto TV
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☄️Pavel Durov's pre-trial detention has expired.

The Telegram founder was taken to a Paris court. Special fences were set up outside the building, gates were closed and a cordon of police officers was set up.

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Forwarded from (not)Sad Hamster
#news

🔥The hamster listing date has been announced!

It's finally here!
It's a celebration of sorts. Circle the date on the calendar with a heart - September 26😍

Hurry up to tap, there's still time for everyone!

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💎 Mass Adoption: TON’s Challenges

In early August, the TON Core team released a major update for nodes, making them multi-threaded. This was supposed to accelerate network performance, but reality proved to be more complex.

The listing of $DOGS highlighted that transaction processing speed still leaves much to be desired.

STON.fi and the Router Problem

The main bottleneck is STON.fi. All pool requests go through a single master contract, which cannot be processed in parallel.

As a result, STON.fi's monopoly is causing delays of up to 8 hours in transaction processing. While there’s no solution yet, discussions are underway, including the possibility of creating new smart contracts for pools.

Inactive Validators: A Network Bottleneck

TON has over 300 validators, but some of the largest players are essentially inactive.

Their inactivity slows down the entire network, as the system waits for their signatures to generate blocks. Despite TON Core’s calls for action, the situation remains unresolved.

These issues require urgent solutions. The TON community is eagerly awaiting the steps developers will take to resolve the crisis.


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Telegram’s Financial Results Revealed: $400m of Assets in Crypto

Telegram’s 2023 financials have been disclosed, offering a rare glimpse into the company’s operations and raising questions about its sustainability:

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Key Financial Highlights:

Revenue: Telegram reported $342.5 million in revenue, a significant figure but one overshadowed by an operating loss of $108 million.

Operating Expenses: The company burned through over $450 million in operating expenses to generate its revenue, highlighting the high cost of maintaining its platform.

Crypto Revenue: Over 40% of Telegram's revenue came from crypto-related activities, including its "integrated wallet" and "sale of collectibles."

Digital Assets: Telegram’s digital assets, primarily Toncoins, are valued at nearly $400 million, making up a substantial portion of its balance sheet.

Asset Revaluation: The company recorded a gain of $86 million through the revaluation of digital assets, boosting its comprehensive income.

New Business Line: The "integrated wallet" introduced in 2023, allowing users to store, send, and trade crypto assets, became a crucial revenue stream for Telegram.

Liabilities: Despite raising over $2.3 billion from blue-chip investors, Telegram is burdened with substantial liabilities, raising concerns about its financial health.

Valuation Concerns: With an operating loss and heavy reliance on volatile crypto assets, the $30 billion valuation touted by Durov earlier this year is now under scrutiny.

Debt Maturity: $2.4 billion in debt maturing by 2026, including a $1bn bond issued in 2021, which might be unsustainable due to Telegram's operating losses.

Telegram’s heavy reliance on crypto assets like Toncoin underscores the company’s shift towards digital currencies as a primary revenue driver.

The TON blockchain, originally developed by Telegram and now managed by an open-source community, continues to play a pivotal role in the company’s financial ecosystem.


While Telegram’s financials reveal impressive revenue figures, the underlying challenges—significant operating losses, high expenses, and dependence on crypto—suggest a need for a closer examination of its long-term viability.

As the company navigates these financial hurdles and the recent arrest of its founder Pavel Durov, the future of Telegram remains uncertain. Investors and users alike will be watching closely as events unfold.

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💎 TON Network Recovery and the Threat to Decentralization

Following Friday’soutage, over 200 validators disconnected from the network, accounting for more than half of all active validators.

The reasons for these disconnections remain unclear, posing a serious threat to the network's decentralization 🌐

TON Core is considering the introduction of a slashing system, which could further reduce the number of independent validators, leaving only those closely tied to the TON Foundation.

There are growing concerns about the quality of fixes that could impact the network's stability.


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Last week TON processed 46 million transactions, driven by the excitement surrounding the $DOGS airdrop.

During this period, an average of 100 transactions were processed per block (within seconds), with DOGS transactions making up to 35% of all transactions in some blocks.

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✈️ Telegram Losing Functions

Users are increasingly noticing that certain features in Telegram are becoming unavailable:

⚫️ Data on monthly active users for bots has disappeared
⚫️ The "People Nearby" feature has been disabled
⚫️ Issues with file access
⚫️ Server desynchronization causing bot malfunctions

Developers have yet to comment on the situation, raising serious concerns about the future of the messenger.


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Forwarded from Crypto Farmer 🌽
🌽 Ton Network Crashes and the DOGS Craze: What Went Down and What’s Next With Hamster Kombat Listing

Alright, fam, let’s get into the nitty-gritty of what’s been happening with TON lately. If you’ve been in the game, you’ve probably noticed that TON'S been taking a few hits. The network’s been going down more than a few times recently, and it ain’t just random bad luck—it's because of the DOGS token distribution frenzy from the tap game DOGS.


So here’s the scoop. TON, which we all know has been the backbone for a lot of our crypto moves, started getting slammed with an insane number of transactions. Why? All those DOGS tokens people earned from the tap game DOGS were being distributed like crazy. Everyone and their grandma was trying to get their hands on their tokens at the same time, and the network just couldn’t handle the heat.

I was right there, trying to claim my DOGS tokens, and let me tell you—it was like trying to get into a sold-out concert with a fake ticket. The network was lagging, transactions were failing left and right, and I was sweating bullets, thinking I might lose out on the tokens I’d worked so hard to earn.

But here’s where things get interesting. While everyone’s been focused on DOGS, there’s another heavy hitter on the way—Hamster Kombat. Mark your calendars, because the token from Hamster Kombat is set to list on the 26th of September. And if you think the DOGS craze was big, wait until this one drops.

Get Ready: How to Prepare for Hamster Kombat Listing

If you’re not already set up on OKX, now’s the time to get your act together. Here’s what you need to do:

Sign Up on OKX: Don’t wait until the last minute. Get your account ready now so you’re not scrambling when the listing goes live.

• Get Verified: Make sure you’ve got your KYC sorted. No verification, no action—that’s the rule.

• Load Up Your Wallet: Have some funds ready to move. Whether you’re planning to buy in on day one or wait for a dip, you’ll want to be locked and loaded.

Trust me, you don’t want to be left out when Hamster Kombat hits the scene. If TON taught us anything, it’s that things can get crazy fast. But with Hamster Kombat listing on OKX on the horizon, we’ve got a chance to make some serious moves.

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Technical Updates in TON: What's New?

Anatoly Makosov, the Technical Lead of TON Foundation, shared the latest changes and solutions aimed at improving the TON blockchain:

Key Update Highlights:

Mass Minting of Tokens:

Notcoin used mass distribution of tokens, which created many unnecessary transactions and increased network load.

DOGS has switched to a new distribution method, but for future projects, the TON Mintless Jetton technology has been developed, which reduces network load and operational costs.

Validator Performance:

Some validators are operating inefficiently, causing delays in updates.

To address this issue, TON Core has improved the penalty system for underperforming validators and encourages everyone to update their contact information.


Further development of the decentralized penalty system is planned.

DEX Issues:

Centralized smart contracts on some decentralized exchanges create bottlenecks, slowing down operations.

The latest TON 2024.08 update has minimized this effect, but it is recommended to avoid using single central smart contracts.

Validator Misconfiguration:

Some validator parameters have proven ineffective under high load.

New parameter values are recommended to ensure stable network performance.


TON is at the forefront of the blockchain industry, and with each update, the platform becomes more powerful and flexible.

However, these changes require careful attention and coordination to avoid network disruptions.

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