The messaging app had about four million premium users at the end of 2023. Source: https://cointelegraph.com/news/telegram-2023-financial-report-digital-assets?utm_source=rss_feed&utm_medium=rss%3FREFRESH1635350523278&utm_campaign=rss_partner_inbound
Month: August 2024
Telegram financial statement shows it holds $400 million in crypto
The messaging app had about four million premium users at the end of 2023. Source: https://cointelegraph.com/news/telegram-2023-financial-report-digital-assets?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Friday Market Recap: Ether ETFs See Zero Gains as Bitcoin ETFs Bleed $175 Million
Spot bitcoin exchange-traded funds (ETFs) faced another round of outflows as five funds pulled out $175.67 million. At the same time, despite a trading volume of $173.66 million, ether ETFs saw no net gains or losses on Friday. Bitcoin ETFs Lose $175 Million; Ether ETFs Show No Change Bitcoin ETFs experienced another setback on Friday, […] Source: https://news.bitcoin.com/friday-market-recap-ether-etfs-see-zero-gains-as-bitcoin-etfs-bleed-175-million/
Native BTC Staking Is Coming to Bitcoin Layer-2 Networks, Babylon Says
Staking Bitcoin is fast becoming a reality—a functionality once the sole privilege of proof-of-stake crypto networks. Thanks to Babylon, HODLers can already lock up their BTC, which will soon be used to secure and earn yield from multiple staking-based blockchains at a time. While this has enormous implications for the entire crypto economy, its consequences may be most strongly felt…
Why is the SEC going after digital art and monkey pictures?
The SEC has targeted the largest NFT marketplace for unregistered securities trading, and the crypto community is outraged. Source: https://cointelegraph.com/news/sec-digital-art-nfts-opensea?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Beyond Telegram: A Look at Alternative Private Messaging Apps
The arrest and indictment of Telegram founder Pavel Durov by French authorities has led to renewed discussion about which messaging app provides the most privacy and protection for users. Despite its massive popularity, many critics say Telegram security is lacking. Government interest in privacy-preserving technology is intense, as criminals have been known to use encrypted applications to conceal their crimes.…
What the California AI ‘killswitch’ bill means for decentralized AI
The AI industry is split over new legislation in California that would implement a sort of emergency stop in AI systems. Source: https://cointelegraph.com/news/california-ai-killswitch-bill-decentralized?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Top TON Coins Face Turbulent Week Amid Durov Arrest and Network Disruptions
Over the past week, The Open Network (TON) ecosystem has encountered a series of setbacks due to a wave of unfavorable news. The turbulence began with the arrest of Telegram founder Pavel Durov, followed by two significant outages on the blockchain network that brought block production to a standstill. Altogether, in just 68 days, the […] Source: https://news.bitcoin.com/top-ton-coins-face-turbulent-week-amid-durov-arrest-and-network-disruptions/
Mpeppe investors say project stole their coins ahead of casino plans
Blockchain data shows that the project has not sent tokens to any investors. Source: https://cointelegraph.com/news/mpeppe-investors-coins-casino?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Washington Man Faces Charges in $64 Million Crypto Laundering Scheme
A Washington resident has been charged with involvement in a $64 million cryptocurrency laundering scheme. He allegedly deceived investors, posing as an escrow agent, and transferred funds into his accounts. The funds were moved offshore or converted to cryptocurrencies such as bitcoin and ethereum via exchanges like Gemini, Bitstamp, Coinbase, and Binance. Investigators traced the […] Source: https://news.bitcoin.com/washington-man-faces-charges-in-64-million-crypto-laundering-scheme/