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π Telegram CEO Pavel Durov released from police custody and taken to court.
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π Feixiaohao, the largest simplified Chinese cryptocurrency market data website similar to coingecko, was suspected of being arrested by the Chinese police. The reason is currently unknown and the investigation has lasted for more than half a year. Many of Feixiaohaoβs exchange partners said they could not contact them.
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π El Salvador's President Nayib Bukele appeared on the cover of Time magazine, saying that the country's Bitcoin strategy is generally "net positive", but the adoption rate across the country has not met expectations. He believes that Bitcoin has brought branding, investment and tourism to El Salvador, and its positive impact outweighs the negative impact.
π Source
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π According to Bloomberg, the number of crypto ATMs in Australia has increased rapidly, making it the fastest growing market in the world. According to Coin ATM Radar, the number of crypto ATMs in Australia has surged from 73 to nearly 1,200 in the past two years, with more than 200 new devices awaiting regulatory approval.
π https://www.bloomberg.com/news/articles/2024-08-29/australia-leads-the-world-in-bitcoin-btc-atm-growth-as-kiosks-pour-in
π https://www.bloomberg.com/news/articles/2024-08-29/australia-leads-the-world-in-bitcoin-btc-atm-growth-as-kiosks-pour-in
π South Korea's largest crypto exchange Upbit announced that it will list USDC and support KRW, BTC, and USDT trading pairs.
π https://upbit.com/service_center/notice?id=4465
π https://upbit.com/service_center/notice?id=4465
π Donald Trump embrace of crypto is paying off, according to poll of registered voters.
π Source
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π Source
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π Elon Musk cleared in Dogecoin market manipulation lawsuit
β‘οΈ Elon Musk and Tesla won a class action lawsuit that claimed Musk's comments manipulated the Dogecoin market and hurt investors.
β‘οΈ DOGE, the ninth-largest cryptocurrency, dropped by 0.5% in the last 24 hours. Its market value is now $14.6 billion.
π https://www.theblock.co/post/313881/elon-musk-cleared-in-dogecoin-class-action-lawsuit?utm_source=telegram1&utm_medium=social
β‘οΈ Elon Musk and Tesla won a class action lawsuit that claimed Musk's comments manipulated the Dogecoin market and hurt investors.
β‘οΈ DOGE, the ninth-largest cryptocurrency, dropped by 0.5% in the last 24 hours. Its market value is now $14.6 billion.
π https://www.theblock.co/post/313881/elon-musk-cleared-in-dogecoin-class-action-lawsuit?utm_source=telegram1&utm_medium=social
π The U.S. Securities and Exchange Commission has brought charges against two brothers for running a $60 million Ponzi scheme.
π Source
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π North Korean hackers used an unknown bug in Chrome to steal cryptocurrencies
π https://techcrunch.com/2024/08/30/north-korean-hackers-exploited-chrome-zero-day-to-steal-crypto/
π https://techcrunch.com/2024/08/30/north-korean-hackers-exploited-chrome-zero-day-to-steal-crypto/
π Coinbase recently completed the first crypto transaction managed entirely by an Artificial Intelligence bot.
π Source
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π Source
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π ββDecentralized exchange aggregator ODOS closed Series A funding round from CE Innovation Capital (CEIC), Uniswap DAO, Curved Ventures, Orbs, Mantle Network, PAKA. Amount raised is not disclosed.
π ββhttps://x.com/odosprotocol/status/1829567769131770055?t=ZFi_vp1nePP4_5vlF1HeUg&s=19
π ββhttps://x.com/odosprotocol/status/1829567769131770055?t=ZFi_vp1nePP4_5vlF1HeUg&s=19
π ββWeb3 casual strategy card game Legend of Arcadia raised $4M in a Seed funding round from Animoca Brands, OKX Ventures (ex OKEx Blockdream Ventures), Arche Fund (Coin98 Ventures), Selini Capital.
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π Yuga Labs CEO said that the Workshop team has been launched, hoping to learn from Coinbase's Base chain and focus on building innovative ApeChain products. Workshop will soon launch the first batch of products on ApeChain, and the mainnet release of ApeChain may be coming soon.
π https://x.com/CryptoGarga/status/1829549021129511075?s=19
π https://x.com/CryptoGarga/status/1829549021129511075?s=19
π Pump.fun Hits $100 Million in Revenue as Polymarket Leads Over NFTs in August
β‘οΈ The crypto platforms Pump.fun and Polymarket have surged in popularity, each built on speculation. Pump.fun, a memecoin launchpad, hit $100 million in revenue but recently saw a dip, raising sustainability concerns. Polymarket, a prediction marketplace, continues to thrive by encouraging informed trading.
π
https://www.theblock.co/post/314054/pump-fun-surpasses-100-million-in-revenue-as-polymarket-outshines-nfts-in-august
β‘οΈ The crypto platforms Pump.fun and Polymarket have surged in popularity, each built on speculation. Pump.fun, a memecoin launchpad, hit $100 million in revenue but recently saw a dip, raising sustainability concerns. Polymarket, a prediction marketplace, continues to thrive by encouraging informed trading.
π
https://www.theblock.co/post/314054/pump-fun-surpasses-100-million-in-revenue-as-polymarket-outshines-nfts-in-august
π Binance previously announced that it has completed the Frontier (FRONT) token swap and rebranding to Self Chain (SLF).
β‘οΈ The community criticized that the total token supply increased from 90 million to 360 million, and 1 FRONT = 1 SLF was still retained. The value held by users was diluted by 75% relative to the total supply.
π https://www.binance.com/en/support/announcement/binance-has-completed-the-frontier-front-token-swap-and-rebranding-to-self-chain-slf-65f69bc68ca64182b6df3d958f14f38e?hl=en
β‘οΈ The community criticized that the total token supply increased from 90 million to 360 million, and 1 FRONT = 1 SLF was still retained. The value held by users was diluted by 75% relative to the total supply.
π https://www.binance.com/en/support/announcement/binance-has-completed-the-frontier-front-token-swap-and-rebranding-to-self-chain-slf-65f69bc68ca64182b6df3d958f14f38e?hl=en
Binance
Binance Has Completed the Frontier (FRONT) Token Swap and Rebranding to Self Chain (SLF) | SLF,Binance Announcements,Binance News
Binance has completed the Frontier (FRONT) token swap and rebranding to Self Chain (SLF). Deposits and withdrawals for the new SLF tokens are now open.
π JUST IN: Amazon Prime Video X Account Possibly Hacked, Promotes $PRIME Solana Token
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10 times factor improvements are in MultiversX's DNA.
From 6s to blocks ticking faster than a regular clock, the prevailing outlook on how blockchains disrupt business models or invent new ones will no longer come from linear thinking.
Weekly #multiversxtech π
https://x.com/ccorcov/status/1832851511971320118
From 6s to blocks ticking faster than a regular clock, the prevailing outlook on how blockchains disrupt business models or invent new ones will no longer come from linear thinking.
Weekly #multiversxtech π
https://x.com/ccorcov/status/1832851511971320118
π Binance CEO Richard Teng confirms CZ is banned from managing or operating the exchange
β‘οΈ Richard Teng confirmed that CZ was given a lifetime ban from managing the platform, which was a key part of the agreement between Binance and US authorities.
β‘οΈ Teng also mentioned that despite stepping down as CEO, CZ remains Binance's largest shareholder. This allows him to still influence certain company decisions, such as proposing management changes or appointing new board members.
π https://www.cryptotimes.io/2024/09/06/changpeng-zhao-banned-for-life-from-binance-leadership/
β‘οΈ Richard Teng confirmed that CZ was given a lifetime ban from managing the platform, which was a key part of the agreement between Binance and US authorities.
β‘οΈ Teng also mentioned that despite stepping down as CEO, CZ remains Binance's largest shareholder. This allows him to still influence certain company decisions, such as proposing management changes or appointing new board members.
π https://www.cryptotimes.io/2024/09/06/changpeng-zhao-banned-for-life-from-binance-leadership/
π USDT issuer Tether has acquired a 9.8% stake in Latin American agricultural giant Adecoagro for $100 million to diversify its investments into the agriculture and food sectors.
β‘οΈ Adecoagro is a major milk producer in Argentina and manages more than 193,000 hectares of sugarcane crops in Brazil, producing refined sugar and ethanol.
π https://www.sec.gov/Archives/edgar/data/1499505/000110465924090580/tm2421820d1_sc13d.htm
β‘οΈ Adecoagro is a major milk producer in Argentina and manages more than 193,000 hectares of sugarcane crops in Brazil, producing refined sugar and ethanol.
π https://www.sec.gov/Archives/edgar/data/1499505/000110465924090580/tm2421820d1_sc13d.htm
π Binance released the 22nd proof of reserves (snapshot date September 1).
β‘οΈ The user's BTC assets are 605k, down 1.27% from the last time; the user's ETH assets are 4.486 million, down 4.58% from the last time, a decrease of 215k ETH; the user's USDT assets are 22.11 billion, up 4.34% from the last time, an increase of 919 million USDT.
π https://www.binance.com/en/proof-of-reserves
β‘οΈ The user's BTC assets are 605k, down 1.27% from the last time; the user's ETH assets are 4.486 million, down 4.58% from the last time, a decrease of 215k ETH; the user's USDT assets are 22.11 billion, up 4.34% from the last time, an increase of 919 million USDT.
π https://www.binance.com/en/proof-of-reserves