Swiss Fintech Taurus Taps Polygon in New Tokenization Push
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Polygon Is Migrating From MATIC to POL: Here’s Everything You Need to Know

Polygon Labs is making major strides toward the future of its network on Wednesday. On September 4‌‌, the Ethereum scaling network will complete a migration from its longstanding MATIC token to POL, which will then become the native token of its network. The migration forms an integral part of the Polygon 2.0 roadmap. Ahead of the shift, here’s a look…

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Turkey Seeks to Join BRICS to Strengthen Global Influence
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Turkey Seeks to Join BRICS to Strengthen Global Influence

Turkey has reportedly formally requested to join the BRICS economic bloc to expand its global influence and establish new alliances beyond its traditional Western partners. Turkish President Recep Tayyip Erdogan’s administration views the shifting geopolitical landscape as an opportunity to strengthen ties with both Eastern and Western nations while remaining committed to NATO. Erdogan emphasized […] Source: https://news.bitcoin.com/turkey-seeks-to-join-brics-to-strengthen-global-influence/

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Penpie protocol exploited, suffers $27M loss

Cryptocurrency hacks have stolen $1.21 billion in funds so far in 2024, a 15.5% increase from 2023.  Source: https://cointelegraph.com/news/penpie-protocol-exploited-suffers-27-million-loss?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

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Starlink confirms it will block access to X in Brazil

The SpaceX subsidiary claimed the Brazil Supreme Court decision was “illegal,” but it would comply by suspending access to the social media platform. Source: https://cointelegraph.com/news/starlink-blocking-x-court-order-elon-musk?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

UN Raises Human Rights Concerns in Telegram Founder Pavel Durov’s Case
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UN Raises Human Rights Concerns in Telegram Founder Pavel Durov’s Case

The United Nations has expressed serious concerns about the arrest and charges against Pavel Durov, founder of Telegram, citing potential human rights issues. A U.N. spokeswoman called for adherence to international human rights standards, emphasizing the need for legality and proportionality in regulating social media platforms. United Nations Raises Human Rights Concerns Over Arrest of […] Source: https://news.bitcoin.com/un-raises-human-rights-concerns-in-telegram-founder-pavel-durovs-case/

Bitcoin Barely Bobbles After Halving
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Bitcoin Could Go Lower Despite Fed Rate Cuts, Analysts Say

As the cryptocurrency market anticipates potential Federal Reserve interest rate cuts, analysts are cautioning that Bitcoin (BTC) might experience a short-term decline, challenging the conventional wisdom that rate cuts are universally bullish for risk assets. According to a September 2 report by Bitfinex, Bitcoin prices have surged by as much as 32% since the August 5 lows, with global open…

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