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Telegram Premium Reaches 10 Million Users, Says Durov

Telegram Premium Reaches 10 Million Users, Says Durov

Since January, the number of Telegram Premium users has doubled, reaching 10 million. This was announced by the messaging app’s founder, Pavel Durov, on his channel. “This rapid growth helps Telegram develop while adhering to our monetization principles, which prioritize users and their privacy,” the blog post states. The company thanked those who subscribed to […]

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US Firms Poised to Invest $10.3 Trillion in Bitcoin Over 18 Months, Says River

US Firms Poised to Invest $10.3 Trillion in Bitcoin Over 18 Months, Says River

Over the next 18 months, approximately 10% of American companies are expected to convert 1.5% of their reserves (around $10.35 trillion) into the leading cryptocurrency, according to a report by River. See our full report with a 1-page executive summary for all the key insights https://t.co/6TxmdsOLAw — River (@River) September 4, 2024 Analysts anticipate that […]

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Bitcoin Dips Below $53,000 Amid Market Volatility

Bitcoin Dips Below $53,000 Amid Market Volatility

In the early hours of Saturday, September 7, the price of the leading cryptocurrency briefly fell below the $53,000 mark. Hourly chart of BTC/USDT on Binance. Data: TradingView. At the time of writing, the digital asset had recovered to $54,300, marking a 3.8% loss over the past 24 hours. Most digital assets in the top 10 […]

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Heightened Threats to Bitcoin Wallets, Rutube DDoS, and Other Cybersecurity Events

Heightened Threats to Bitcoin Wallets, Rutube DDoS, and Other Cybersecurity Events

We have compiled the most important cybersecurity news of the week. The FBI warned crypto companies of increased threats from North Korean hackers. Android users were targeted by malware that reads seed phrases from images. Rutube confirmed a major DDoS attack on its service. A cryptocurrency-stealing program was embedded in a fake OnlyFans hacker tool. […]

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Bitcoin Price Drops to $54,000

Bitcoin Price Drops to $54,000

On September 6, around 13:00 (Kyiv/Moscow time), the price of the leading cryptocurrency began to decline, plummeting from $56,000 to $54,000—a drop of 3.5%. 15-minute BTC/USDT chart from Binance. Data: TradingView. Bitcoin’s decline dragged other top-10 digital assets by market capitalization into the “red zone.” Ethereum fell to $2270, a 4% decrease over the day. […]

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Chainalysis: Russia's Crypto Laws Aimed at Sanctions Evasion

Chainalysis: Russia’s Crypto Laws Aimed at Sanctions Evasion

In a new report, analysts at Chainalysis highlighted the adoption of “significant” laws in Russia that legalise mining and the use of cryptocurrencies for international payments. The company noted that the new direction represents a “significant departure” from the government’s previous stance, when in 2022 the Central Bank of Russia advocated for a complete ban […]

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Ethereum Foundation's Financial Cushion Evaluated by Expert

Ethereum Foundation’s Financial Cushion Evaluated by Expert

The Ethereum Foundation (EF) possesses sufficient funds to operate for approximately 10 years, based on the current ETH exchange rate. This assessment was provided by Ethereum researcher Justin Drake. During an AMA session on Reddit, the expert revealed that the Swiss-registered non-profit organization will soon release a financial report. Source: Reddit. The EF’s main wallet […]

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The truth about Durovgate: a ForkLog primer in conspiracy

The truth about Durovgate: a ForkLog primer in conspiracy

Julia Vavilova, who accompanied Pavel Durov on his trip, is said to have helped engineer the billionaire’s detention. She allegedly deliberately tagged her location during the journey so that French law enforcement could track him. Media also reported the woman’s supposed links to “Mossad,” which allegedly tasked her with handing Durov over to Western security […]

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Cryptocurrency Payments: A Boon for AI Agents, Says Expert

Cryptocurrency Payments: A Boon for AI Agents, Says Expert

Artificial intelligence will require cryptocurrency micropayments to circumvent financial constraints, according to Bernstein analyst Gautam Chhugani, as reported by The Block. The current global financial system is built around SWIFT, Mastercard, and Visa, which require individuals and entities to verify their identities. This poses a problem for automated AI, which lacks documentation. Neural networks can […]

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Pressman Film to Raise Funds via Avalanche Platform

Pressman Film to Raise Funds via Avalanche Platform

Pressman Film, renowned for producing “Wall Street” and “American Psycho,” is set to launch a tokenized fund to finance new projects through the Republic platform on the Avalanche network. Lights, camera, ACTION ? Avalanche is transforming independent film financing!@PRESSMANFILM, the production company behind “Wall Street,” “American Psycho,” and “The Crow,” teamed up with @joinrepublic to […]

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Rare CryptoPunk Sells for $1.5 Million with a 78% 'Paper' Loss

Rare CryptoPunk Sells for $1.5 Million with a 78% ‘Paper’ Loss

On September 5, CryptoPunk #6915 changed hands for 620 ETH ($1.48 million). This NFT is one of 24 ape-themed CryptoPunks featuring three attributes: a hat, an earring, and an eye patch. According to CryptoPunks data, in March 2024, when the monthly NFT sales volume was around $1.6 billion, offers for #6915 ranged from $5 million […]

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Up to 125x leverage and hybrid vaults: how the decentralised exchange KiloEx works

Up to 125x leverage and hybrid vaults: how the decentralised exchange KiloEx works

In August 2023 Binance Labs invested in KiloEx, a decentralised exchange for trading perpetual contracts that won the sixth season of the Most Valuable Builder (MVB) accelerator. The firm highlighted the DEX’s user-friendly interface as well as its efficient risk and capital management. A year on, KiloEx launched hybrid vaults that let liquidity providers earn […]

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