π«π· In France, graffiti supporting Pavel Durov has appeared, featuring the DOGS logo and the hashtag #freedurov.
π One piece is located near the Centre Pompidou in Paris on Stravinsky Square, alongside works by Shepard Fairey and other famous street artists.
π¨ An open letter backing Durov, launched by TON Foundation developers as a mini-app on Telegram, has already been signed by over 2.5 million users. βοΈ
Do you support the release of the Telegram founder? Drop a π₯ if you do!
π One piece is located near the Centre Pompidou in Paris on Stravinsky Square, alongside works by Shepard Fairey and other famous street artists.
π¨ An open letter backing Durov, launched by TON Foundation developers as a mini-app on Telegram, has already been signed by over 2.5 million users. βοΈ
Do you support the release of the Telegram founder? Drop a π₯ if you do!
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Crypto soothsayer
β οΈ Reuters: Today is crucial for Pavel Durov! βοΈ On August 28, French judges will decide whether to release Pavel Durov or start an official investigation into the Telegram founder. Updated details on the investigation will be provided this evening. β³ Theβ¦
π¨Breaking: Pavel Durov has been released from the courtroom!
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TON reacted to news of Durov's release with an immediate 10% increase! ππ
Update: Durov was released from custody, but preliminary interrogation and the presentation of charges are still ahead.
Update: Durov was released from custody, but preliminary interrogation and the presentation of charges are still ahead.
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Yesterday, the TON network experienced another 4-hour outage π
It seems that without Durov, TON just can't keep running... π€
This marks the second TON failure in just a few days.
The network issues are being linked to the strain caused by interactions with DOGS. πΆ
In the meantime, Pavel Durov has been released under judicial supervision in France. Heβs required to pay a β¬5 million bail and is prohibited from leaving the country. π°π«π·
Durov is facing accusations of enabling illegal transactions on Telegram and facilitating child exploitation. Heβs also charged with failing to cooperate with the police and offering encryption services without proper oversight. π§
It seems that without Durov, TON just can't keep running... π€
This marks the second TON failure in just a few days.
The network issues are being linked to the strain caused by interactions with DOGS. πΆ
In the meantime, Pavel Durov has been released under judicial supervision in France. Heβs required to pay a β¬5 million bail and is prohibited from leaving the country. π°π«π·
Durov is facing accusations of enabling illegal transactions on Telegram and facilitating child exploitation. Heβs also charged with failing to cooperate with the police and offering encryption services without proper oversight. π§
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Pantera Capital Snags TON Tokens with a 40% Discount β Bloomberg
π New details have surfaced about Pantera Capital's record-breaking investment in Toncoin from May.
The TON tokens have a 1-year lock-up period. While the exact amount remains undisclosed, it's confirmed to exceed $100,000,000.π°π
π New details have surfaced about Pantera Capital's record-breaking investment in Toncoin from May.
The TON tokens have a 1-year lock-up period. While the exact amount remains undisclosed, it's confirmed to exceed $100,000,000.π°π
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In light of recent events involving Durov, a video filmed by a French prisoner from his own cell is going viral online. πΉ
Turns out, life in a French prison isnβt all that bad after all! π
Turns out, life in a French prison isnβt all that bad after all! π
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π°π· In South Korea, a 40-year-old man has been arrested for swindling investors out of $12 million.
To evade capture, he had undergone plastic surgery to alter his appearance. π©ββοΈπͺ
He duped 158 individuals by guaranteeing a monthly return of 18% on investments in a supposedly active cryptocurrency mining venture. π
To evade capture, he had undergone plastic surgery to alter his appearance. π©ββοΈπͺ
He duped 158 individuals by guaranteeing a monthly return of 18% on investments in a supposedly active cryptocurrency mining venture. π
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πΈπ» El Salvadorβs President Nayib Bukele is on the cover of TIME.
π¦Ύ Heβs dubbed a βstrongmanβ who is transforming his country with an iron fist, becoming the worldβs most popular authoritarian leader.
Remember, El Salvador buys exactly 1 BTC every day, rain or shine, as part of its Bitcoin strategy. β
The country currently holds 5,856.75 BTC, worth nearly $350 million. π°
Following Pavel Durovβs arrest, Nayib Bukele trolled France by inviting people to move to El Salvador, promising freedom of speech, no censorship, and no property taxes.
π¦Ύ Heβs dubbed a βstrongmanβ who is transforming his country with an iron fist, becoming the worldβs most popular authoritarian leader.
Remember, El Salvador buys exactly 1 BTC every day, rain or shine, as part of its Bitcoin strategy. β
The country currently holds 5,856.75 BTC, worth nearly $350 million. π°
Following Pavel Durovβs arrest, Nayib Bukele trolled France by inviting people to move to El Salvador, promising freedom of speech, no censorship, and no property taxes.
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π΅οΈββοΈ According to Chainalysis in their latest report, the average lifespan of crypto scams in 2024 has dropped to 42 days, compared to 271 days in 2020.
π₯· Scammers frequently use the βpig butcheringβ scheme, where they initially lure victims with small gains to build trust and confidence, only to later exploit them for a significant loss. ππͺ
π₯· Scammers frequently use the βpig butcheringβ scheme, where they initially lure victims with small gains to build trust and confidence, only to later exploit them for a significant loss. ππͺ
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Reuters: A U.S. federal court has dismissed a lawsuit against Elon Musk and his company Tesla, which were accused of deceiving investors by creating hype around DOGE and engaging in insider trading.
The district judge ruled that Musk's tweets and statements cannot serve as grounds for securities fraud. π§
Now Musk can pump tokens without fearing legal consequences! π DOGE to the moon? π
The district judge ruled that Musk's tweets and statements cannot serve as grounds for securities fraud. π§
Now Musk can pump tokens without fearing legal consequences! π DOGE to the moon? π
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Crypto soothsayer
Creator of Telegram Pavel Durov again wrote about a tap game, and it's not NotCoin! π This time, he singled out Tap Swap, praising them for choosing the TON ecosystem and achieving 56 million users without any marketing π². π Fans of Hamster Combat are outragedβ¦
OKX has announced the upcoming listing of Hamster Kombat πΉ
π Spot market trading for the HMSTR token will commence on September 26.
π The exchange also revealed plans to launch several promotional campaigns leading up to the listing, aimed at increasing user engagement and driving participation in the Hamster Kombat ecosystem.
On August 1, Hamster Kombat (HMSTR) was listed on OKXβs pre-market futures platform before its official token launch. Additionally, trading of HMSTR began on pre-market platforms Bybit and Gate.
π Spot market trading for the HMSTR token will commence on September 26.
π The exchange also revealed plans to launch several promotional campaigns leading up to the listing, aimed at increasing user engagement and driving participation in the Hamster Kombat ecosystem.
On August 1, Hamster Kombat (HMSTR) was listed on OKXβs pre-market futures platform before its official token launch. Additionally, trading of HMSTR began on pre-market platforms Bybit and Gate.
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πΊπΈ The U.S. is intensifying its cryptocurrency regulation efforts.
π In September 2024, the U.S. House Committee on Financial Services will start addressing various cryptocurrency issues, including DeFi, fraud, and the actions of the Securities and Exchange Commission (SEC).
π The committee is set to hold multiple hearings: the first on September 10, two more on September 18, and the most notable one, with SEC Chair Gary Gensler testifying, on September 23.
π In September 2024, the U.S. House Committee on Financial Services will start addressing various cryptocurrency issues, including DeFi, fraud, and the actions of the Securities and Exchange Commission (SEC).
π The committee is set to hold multiple hearings: the first on September 10, two more on September 18, and the most notable one, with SEC Chair Gary Gensler testifying, on September 23.
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A solo miner has just mined a Bitcoin block and earned nearly $200,000! π
On August 29, a solo miner added block #858,978 to the Bitcoin blockchain, earning 3.275 BTC ($199,101) in block subsidy and fees. π°
π CKPool administrator Kon Kolivas noted that the user has a significant hash rate for solo miningβ38 PH/s. According to Kolivas, this performance allows for mining a block approximately every four months.
Kolivas also mentioned that this marks the 291st block mined by CKPool clients, who provide services to individual miners. The pool combines clients' computational power to increase the chances of finding blocks, but the entire reward goes to the miner whose equipment solved the problem. π»
On August 29, a solo miner added block #858,978 to the Bitcoin blockchain, earning 3.275 BTC ($199,101) in block subsidy and fees. π°
π CKPool administrator Kon Kolivas noted that the user has a significant hash rate for solo miningβ38 PH/s. According to Kolivas, this performance allows for mining a block approximately every four months.
Kolivas also mentioned that this marks the 291st block mined by CKPool clients, who provide services to individual miners. The pool combines clients' computational power to increase the chances of finding blocks, but the entire reward goes to the miner whose equipment solved the problem. π»
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September is just around the corner, and it's historically one of the most unfavorable months for Bitcoin. π§
Over the past 6 years, Bitcoin has only seen positive returns in September once (+4% last year in 2023).
When looking at the average daily performance of BTC in September, the overall picture is far from optimistic. π€·
Will Bitcoin be able to break this negative trend this year, or are we in for another decline?
βͺοΈ This time the trend will be broken after the Fed meeting - π₯
βͺοΈ We'll fall towards $40,000 - π
βͺοΈ September will be boring; the price won't go too far up or down - π
βͺοΈ What does it matter? By the end of the year, Bitcoin will be at $100,000 - π³
Over the past 6 years, Bitcoin has only seen positive returns in September once (+4% last year in 2023).
When looking at the average daily performance of BTC in September, the overall picture is far from optimistic. π€·
Will Bitcoin be able to break this negative trend this year, or are we in for another decline?
βͺοΈ This time the trend will be broken after the Fed meeting - π₯
βͺοΈ We'll fall towards $40,000 - π
βͺοΈ September will be boring; the price won't go too far up or down - π
βͺοΈ What does it matter? By the end of the year, Bitcoin will be at $100,000 - π³
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The arrest of Pavel Durov poses a serious threat to Telegram's financial stability, according to the Financial Times.
βͺοΈ Legal charges against Durov in France have significantly affected Telegram's financial prospects.
βͺοΈ The company may face challenges with its IPO plans.
βͺοΈ Telegram's bonds, in which Durov personally invested $64 million, have dropped by 10% in valueβsome are even calling it a "crash."
βͺοΈ Last year, Telegram reported a net loss of $173 million, taking into account operating expenses and taxes.
βͺοΈ The company has secured around $2.4 billion in debt financing, which is due for repayment in 2026.
βͺοΈ Legal charges against Durov in France have significantly affected Telegram's financial prospects.
βͺοΈ The company may face challenges with its IPO plans.
βͺοΈ Telegram's bonds, in which Durov personally invested $64 million, have dropped by 10% in valueβsome are even calling it a "crash."
βͺοΈ Last year, Telegram reported a net loss of $173 million, taking into account operating expenses and taxes.
βͺοΈ The company has secured around $2.4 billion in debt financing, which is due for repayment in 2026.
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Crypto soothsayer
Reuters: A U.S. federal court has dismissed a lawsuit against Elon Musk and his company Tesla, which were accused of deceiving investors by creating hype around DOGE and engaging in insider trading. The district judge ruled that Musk's tweets and statementsβ¦
Elon Musk says he is the person who wants Tesla to bring back the ability to pay for goods with Dogecoin π
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Vitalik Buterin stated that he has not sold any cryptocurrency for personal profit since 2018. π«π°
Instead, all of his sales have been used to support various projects he deems valuable, either within the Ethereum ecosystem or for broader charitable causes, such as biomedical research and development. π€²
Instead, all of his sales have been used to support various projects he deems valuable, either within the Ethereum ecosystem or for broader charitable causes, such as biomedical research and development. π€²
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