{"id":16590,"date":"2024-09-01T19:12:10","date_gmt":"2024-09-01T16:12:10","guid":{"rendered":"https:\/\/forklog.com\/en\/weekly-highlights-durovs-legal-troubles-and-hamster-kombat-airdrop-announcement\/"},"modified":"2024-09-01T19:12:10","modified_gmt":"2024-09-01T16:12:10","slug":"weekly-highlights-durovs-legal-troubles-and-hamster-kombat-airdrop-announcement","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/weekly-highlights-durovs-legal-troubles-and-hamster-kombat-airdrop-announcement\/","title":{"rendered":"Weekly Highlights: Durov&#8217;s Legal Troubles and Hamster Kombat Airdrop Announcement"},"content":{"rendered":"<p>Durov was released on \u20ac5 million bail, Hamster Kombat developers announced the airdrop date, Bitcoin mining difficulty increased by nearly 3%, the TON team resolved two blockchain outages in a week, and other events of the past week.<\/p>\n<h2 class=\"wp-block-heading\"><strong>Bitcoin Price Drops to $58,000<\/strong><\/h2>\n<p>The leading cryptocurrency began the week at $64,000. On Wednesday, August 28, digital gold <a href=\"https:\/\/u1f987.com\/en\/news\/bitcoin-slips-below-60000-mark\">fell below<\/a> the psychological threshold of $60,000, only to briefly recover.<\/p>\n<p>At the time of writing, Bitcoin is trading at $58,200.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"640\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2024-09-01-v-18.59.28-1024x640.png\" alt=\"Snimok-ekrana-2024-09-01-v-18.59.28\" class=\"wp-image-240169\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2024-09-01-v-18.59.28-1024x640.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2024-09-01-v-18.59.28-300x188.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2024-09-01-v-18.59.28-768x480.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2024-09-01-v-18.59.28-1536x960.png 1536w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2024-09-01-v-18.59.28-2048x1280.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Hourly BTC\/USDT chart on Binance. Data: <a href=\"https:\/\/www.tradingview.com\/symbols\/BTCUSDT\/\">TradingView<\/a>.<\/figcaption><\/figure>\n<p>All top-10 digital assets by market capitalization ended the week in the &#8220;red zone.&#8221; Solana lost the most (-15.9%).<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"589\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2024-09-01-v-19.02.50-1024x589.png\" alt=\"Snimok-ekrana-2024-09-01-v-19.02.50\" class=\"wp-image-240170\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2024-09-01-v-19.02.50-1024x589.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2024-09-01-v-19.02.50-300x173.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2024-09-01-v-19.02.50-768x442.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2024-09-01-v-19.02.50-1536x884.png 1536w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2024-09-01-v-19.02.50-2048x1178.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Data: <a href=\"https:\/\/www.coingecko.com\/\">CoinGecko<\/a>.<\/figcaption><\/figure>\n<p>The total cryptocurrency market capitalization stands at $2.12 trillion. Bitcoin&#8217;s dominance index is 57.4%.<\/p>\n<h2 class=\"wp-block-heading\"><strong>Durov Released on \u20ac5 Million Bail, Banned from Leaving France<\/strong><\/h2>\n<p>On August 28, approximately 96 hours after his detention, Pavel Durov was <a href=\"https:\/\/u1f987.com\/en\/news\/pavel-durov-placed-under-judicial-supervision-with-e5-million-bail\">released<\/a> under judicial supervision with a \u20ac5 million bail and an obligation to report to the police twice a week. He is prohibited from leaving France.<\/p>\n<p>The Telegram founder faces six charges:<\/p>\n<ul class=\"wp-block-list\">\n<li>administering an online platform for illegal transactions (punishable by up to 10 years in prison and a \u20ac500,000 fine);<\/li>\n<li>refusal to cooperate with authorities;<\/li>\n<li>money laundering as part of an organized group;<\/li>\n<li>providing cryptographic services for confidentiality without mandatory declaration;<\/li>\n<li>complicity in distributing hacking programs, distributing images of minors of a pornographic nature by an organized group, distributing drugs, and complicity in fraud by an organized group;<\/li>\n<li>illegal provision and import of cryptographic means.<\/li>\n<\/ul>\n<p>According to Politico, French authorities <a href=\"https:\/\/u1f987.com\/en\/news\/france-issued-arrest-warrants-for-durov-brothers-in-march-reports-say\">issued arrest warrants<\/a> for Pavel and his older brother Nikolai on March 25 for ignoring law enforcement requests.<\/p>\n<p>On August 28, false information about Durov&#8217;s release <a href=\"https:\/\/u1f987.com\/en\/news\/ton-rises-by-5-amid-news-of-durovs-release\">spread<\/a> in the crypto community. A letter supporting him <a href=\"https:\/\/u1f987.com\/en\/news\/support-for-pavel-durovs-release-garners-2-5-million-signatures\">gathered<\/a> over 2.5 million signatures.<\/p>\n<p>According to The Wall Street Journal, French and UAE intelligence <a href=\"https:\/\/u1f987.com\/en\/news\/french-and-uae-authorities-allegedly-hacked-pavel-durovs-iphone\">hacked<\/a> the Telegram founder&#8217;s iPhone in 2017 as part of an operation codenamed &#8220;Purple Music.&#8221;<\/p>\n<p>Galaxy Research analysts believe Durov&#8217;s arrest is <a href=\"https:\/\/u1f987.com\/en\/news\/galaxy-digital-durovs-arrest-unlikely-to-be-the-last-of-its-kind\">unlikely to be the last<\/a> major arrest of a company leader &#8220;for failing to adequately control their platform.&#8221;<\/p>\n<h2 class=\"wp-block-heading\"><strong>Hamster Kombat Developers Announce Airdrop Date<\/strong><\/h2>\n<p>The team behind the clicker game Hamster Kombat announced that the <span data-descr=\"Token Generation Event \u2014 an event where a new token is first issued and becomes available to the public\" class=\"old_tooltip\">TGE<\/span> and airdrop of the meme token HMSTR are <a href=\"https:\/\/u1f987.com\/en\/news\/hamster-kombat-developers-announce-airdrop-date\">scheduled for September 26<\/a>.<\/p>\n<p>Cryptocurrency exchange OKX will <a href=\"https:\/\/u1f987.com\/en\/news\/okx-announces-listing-of-hamster-kombat-token\">list<\/a> it.<\/p>\n<p>The initial coin distribution was <a href=\"https:\/\/u1f987.com\/en\/news\/hamster-kombat-team-announces-second-airdrop\">planned<\/a> for July but was postponed. The team cited technical difficulties as the reason for the delay.<\/p>\n<h2 class=\"wp-block-heading\"><strong>Topics to Discuss with Friends<\/strong><\/h2>\n<ul class=\"wp-block-list\">\n<li>Opinion: In the 2040s, humans will <a href=\"https:\/\/u1f987.com\/en\/news\/ray-kurzweil-predicts-human-ai-merger-in-the-2040s\">merge<\/a> with AI into a superbeing.<\/li>\n<li>Study: Women <a href=\"https:\/\/u1f987.com\/en\/news\/study-reveals-women-view-cryptocurrency-as-an-unattractive-male-hobby\">consider<\/a> cryptocurrencies an unattractive male hobby.<\/li>\n<li>Donald Trump <a href=\"https:\/\/u1f987.com\/en\/news\/trump-vows-to-make-america-the-crypto-capital-of-the-world\">vowed<\/a> to make the US &#8220;the crypto capital of the world.&#8221;<\/li>\n<li>The BNB Chain team celebrated the fourth anniversary of its mainnet launch.<\/li>\n<\/ul>\n<h2 class=\"wp-block-heading\"><strong>Bitcoin Mining Difficulty Rises Nearly 3%<\/strong><\/h2>\n<p>Following the latest recalculation, the mining difficulty of the leading cryptocurrency <a href=\"https:\/\/u1f987.com\/en\/news\/bitcoin-mining-difficulty-rises-nearly-3\">increased by 2.99%<\/a> to 89.47 T.<\/p>\n<p>The interval between blocks since the previous adjustment shortened to less than nine minutes, with the average hash rate reaching a peak of 718.28 EH\/s.<\/p>\n<p>This indicates that Bitcoin miners continue to connect high-performance equipment of the latest generations to the network.\u00a0<\/p>\n<h2 class=\"wp-block-heading\"><strong>TON Team Resolves Two Blockchain Outages in a Week<\/strong><\/h2>\n<p>On August 28, TON developers <a href=\"https:\/\/u1f987.com\/en\/news\/ton-blockchain-resumes-operations-after-outage\">restarted the network after an outage<\/a> in block generation, which lasted about six hours. The issue arose due to abnormal load, the team explained.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\n<cite>&#8220;Several validators cannot clear the database of old transactions, leading to a loss of consensus,&#8221; the statement said.<\/cite><\/p><\/blockquote>\n<p>The solution was to restart the nodes at 04:00 UTC (07:00 Kyiv\/MSK) &#8220;with specific flags.&#8221;<\/p>\n<p>TON Foundation&#8217;s Investment Director Justin Heon clarified that the network overload was caused by &#8220;junk&#8221; operations with DOGS.<\/p>\n<p>On August 29, the TON network experienced <a href=\"https:\/\/u1f987.com\/en\/news\/ton-network-resolves-second-blockchain-disruption-in-24-hours\">block production issues<\/a> for several hours due to a repeat outage.<\/p>\n<p>Also on ForkLog:<\/p>\n<ul class=\"wp-block-list\">\n<li>The Shiba Inu team will <a href=\"https:\/\/u1f987.com\/en\/news\/shiba-inu-team-to-launch-dao\">launch<\/a> a DAO.<\/li>\n<li>The meme coin REDO <a href=\"https:\/\/u1f987.com\/en\/news\/redo-meme-coin-surges-140-following-ton-developers-decision\">surged 140%<\/a> following a decision by TON developers.<\/li>\n<li>MakerDAO <a href=\"https:\/\/u1f987.com\/en\/news\/makerdao-rebrands-as-sky-introduces-new-tokens\">rebranded<\/a> to Sky.<\/li>\n<li>The meme coin DOGS <a href=\"https:\/\/u1f987.com\/en\/news\/dogs-meme-coin-surges-30-amid-market-trends\">rose 30%<\/a> in a day against the market.<\/li>\n<\/ul>\n<h2 class=\"wp-block-heading\"><strong>Vitalik Buterin Reveals His Salary<\/strong><\/h2>\n<p>Ethereum co-founder Vitalik Buterin <a href=\"https:\/\/u1f987.com\/en\/news\/vitalik-buterin-reveals-his-salary\">disclosed<\/a> his salary at the Ethereum Foundation \u2014 182,000 Singapore dollars (~$140,000) per year.<\/p>\n<p>The information was positively received by the community. A user named Dark Crypto Larp noted that leaders in other major organizations earn significantly more.<\/p>\n<p>Buterin&#8217;s comment was published in response to information about an upcoming Ethereum Foundation report. The organization plans to share financial data for 2022 and 2023 ahead of the upcoming Devcon SEA event.<\/p>\n<h2 class=\"wp-block-heading\"><strong>What Else to Read?<\/strong><\/h2>\n<p>This week, ForkLog explored how the <a href=\"https:\/\/u1f987.com\/en\/news\/inside-the-dog-how-dogecoins-infrastructure-works\">Dogecoin infrastructure<\/a> is organized and how <a href=\"https:\/\/u1f987.com\/en\/news\/mind-over-machine-how-ai-is-transforming-brain-computer-interfaces\">AI is transforming<\/a> brain-computer interfaces.<\/p>\n<p>In the traditional digest, we compiled the main events of the week in <a href=\"https:\/\/u1f987.com\/en\/news\/brazil-blocks-x-infostealer-targets-ethereum-wallets-and-other-cybersecurity-events\">cybersecurity<\/a>.<\/p>\n<p>The most important news from the crypto industry participants was published in a separate <a href=\"https:\/\/u1f987.com\/en\/news\/interest-on-bitcoin-in-banks-tvl-plunge-and-other-crypto-industry-events\">digest<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Durov was released on \u20ac5 million bail, Hamster Kombat developers announced the airdrop date, Bitcoin mining difficulty increased by nearly 3%, the TON team resolved two blockchain outages in a week, and other events of the past week. Bitcoin Price Drops to $58,000 The leading cryptocurrency began the week at $64,000. On Wednesday, August 28, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":16589,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1233,1244],"class_list":["post-16590","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-industry-digests","tag-weekly-summary"],"aioseo_notices":[],"amp_enabled":true,"views":"22","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/16590","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=16590"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/16590\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/16589"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=16590"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=16590"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=16590"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}