Regulations • August 27, 2024 2:23 AM EDT Posted 1 minute earlier ~ in Updated: August 27, 2024 3:06 AM EDT French President Emmanuel Macron said the arrest of Telegram CEO Pavel Durov was “not a political decision at all” and was part of an ongoing judicial investigation.Macron wrote: mail On Monday, France said it was “deeply committed to freedom of expression and communication, innovation and entrepreneurship.””In a country governed by the rule of law, freedoms are guaranteed within the legal framework to protect citizens and respect fundamental rights, both on social media and in real life,” President Macron said.President…
Author: Crypto Flexs
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Layer 1 blockchain The Open Network (TON) has released a statement in support of Telegram founder Pavel Durov, who was recently arrested in France. TON said on social media platforms that the network would continue to operate normally after Durov was detained on charges of crimes related to the Telegram messaging app. “As a community dedicated to free speech and decentralization, we stand steadfastly with Pavel during this difficult time. Pavel has been a dedicated advocate for these values, and we believe his work to promote an open and decentralized internet will continue to inspire millions. The TON community remains…
Tony Kim 27 Aug 2024 09:54 SSV Network and Ether.fi have teamed up to launch the ‘Learn and Earn’ campaign, where participants will have the chance to win $50,000 in prizes while learning about DVT. SSV Network and Ether.fi have announced a groundbreaking partnership that aims to revolutionize liquid re-staking through Distributed Validator Technology (DVT). According to SSV Network, the collaboration will be celebrated with a two-week Learn and Earn campaign on the Galxe platform, giving participants a chance to win a $50,000 prize pool on ETHFI. Campaign Details The campaign invites participants to…
Company • August 26, 2024 5:25 PM EDT Posted 1 minute earlier ~ in Happy Monday! In today’s newsletter, Telegram CEO’s arrest is related to a cybercrime investigation, Abra settles lawsuit with SEC, and stablecoin market cap hits new all-time high.Let’s get started.Telegram CEO Arrested in Cybercrime InvestigationTelegram CEO Pavel Durov has been arrested by French authorities as part of a cybercrime investigation into allegations that he provided unauthorized cryptographic services and tools. Durov was detained at Le Bourget Airport on 24 August 2024 as part of a judicial investigation by the Paris prosecutor’s office focusing on cybercrime. The investigation…
Recent price action suggests that bulls are in control, but strong resistance at $162 could prevent an immediate rebound. Traders should keep a close eye on the $162 resistance level, as a break of this level could result in a strong recovery. Solana (SOL) recently experienced a downtrend after witnessing a classic ascending channel breakdown and dropping below a key support level as bearish momentum took hold. The question is whether the bulls will be able to regain control or is further downside imminent. Solana bulls re-enter the market. Source: TradingView, SOL/USDT SOL came under downward pressure after failing to…
Felix Pinkston 27 Aug 2024 08:10 Analyze the costs of AI video generation platforms like Leonardo.AI, DeepAI, and InVideo. Learn about plans, features, and pricing to make an informed choice. AI video creation platforms are revolutionizing the way businesses and individuals approach video production. The global AI video generator market, valued at $554.9 million in 2023, is expected to grow at a CAGR of 19.9% from 2024 to 2030, according to Grand View Research. However, the cost of these tools varies widely, so it is important to understand where your investments are going.Choosing the…
According to one analyst, Bitcoin’s chart could see a very “interesting monthly candle” in late August, which could signal a potential trend reversal.But some experts warn that the month is not over yet and fundamentals are likely to have a bigger impact on market movements.In an August 26 post, analyst HODL15Capital observed that this was “probably the most interesting monthly candle in Bitcoin history.”The analyst noted a potential “Dragonfly Doji” Japanese candlestick formation on the monthly time frame chart. BTC Monthly Candle Formation. Source: HODL15 CapitalThe Dragonfly Doji is a candlestick pattern that indicates the possibility of price declines or…
U.S. spot Bitcoin exchange-traded funds recorded positive inflows for the eighth straight day on Monday, with a total daily net inflow of $202.51 million. The 12 Bitcoin funds have attracted $756 million over the past eight trading days.According to SoSoValue data, the largest net inflow on Monday came from BlackRock’s IBIT fund, which took in $224.06 million, the largest daily inflow since July 22. Two other funds had smaller net inflows: Franklin Templeton’s EZBC recorded $5.52 million, while WisdomTree’s BTCW recorded $5 million.Bitwise’s BITB recorded the largest net outflow on Monday, with $16.61 million, followed by Fidelity’s FBTC with $8.33…
According to an August 26 post by EigenDA on the X Platform, EigenDA, the data availability protocol for EigenLayer, now supports re-staking of native tokens for the Layer 2 scaling network, in addition to Ether (ETH) and EigenLayer’s native EIGEN token. According to the post, “The team can now re-stake ERC-20 tokens to secure a custom quorum for rollups, providing stronger security for rollup users and token yields for token holders.” EigenDA is a “data availability layer” that operates on top of EigenLayer’s ETH re-staking platform, designed to reduce the costs of storing and accessing on-chain data for Ethereum’s Layer…
James Ding 27 Aug 2024 05:48 Binance has added Gravity (G) to its Simple Earn Locked Products, offering users an APR of up to 29.9% during the promotional period. Binance, one of the world’s leading cryptocurrency exchanges, has announced the addition of Gravity (G) to its Simple Earn Locked Products, promising users up to 29.9% APR rewards during the promotion period. This initiative is part of Binance’s ongoing efforts to diversify its products and provide users with profitable opportunities.Promotion Period and Subscription DetailsAccording to Binance, the Gravity (G) subscription promotion period on Simple Earn…