Crypto losses to hacks exceed $313M in August
Cryptocurrency hackers stole $313.86 million in digital assets in more than 10 cyberattacks in August, raising doubts about the broader acceptance of the asset class.
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🥇 More than 94% of the total Bitcoin volume is already in circulation, miners have only 6% of BTC left to mine.
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Exciting News! We're Back on X! 🚀
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🇧🇷 Brazil has officially blocked 𝕏 (Twitter) due to Elon Musk's refusal to appoint a company representative in the country.
👀 Anyone caught using a VPN to access the social network will be fined up to $8,874 per day.
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💰3 years ago, Vitalik Buterin held 325K $ETH ($1.46B at $4,500/ETH).
Now, he holds 240K $ETH ($592M), reducing his holdings by 85K $ETH ($209M).
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JUST IN: 🇧🇷 Brazil's top court orders immediate suspension of X (Twitter).
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📱Telegram holds crypto worth $400 million on its balance sheet.
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The arrest of Pavel Durov poses a serious threat to Telegram's financial stability, according to the Financial Times.
▪️ Legal charges against Durov in France have significantly affected Telegram's financial prospects.
▪️ The company may face challenges with its IPO plans.
▪️ Telegram's bonds, in which Durov personally invested $64 million, have dropped by 10% in value—some are even calling it a "crash."
▪️ Last year, Telegram reported a net loss of $173 million, taking into account operating expenses and taxes.
▪️ The company has secured around $2.4 billion in debt financing, which is due for repayment in 2026.
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✊Trump promises to provide a plan to turn the US into the "crypto capital of the planet"
💡Donald has actively taken up the votes of American cryptocurrencies and is simultaneously making money on them through the sale of NFTs and the PR of his sons' DeFi
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💰 Jack Dorsey explains why he spends his time and energy working on tools like NOSTR and #Bitcoin which gives censorship resistance to billions of people
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Ether ETF flows turned positive for the first time in over two weeks, driven by an $8.4 million inflow into BlackRock’s ETF.
Analysts are now eyeing a potential $ETH rally above $3,000 in October, although the price remains below the key $2,700 resistance level.
What’s your price prediction for $ETH in October?
🌚 - Below $2,700
⚡️ - $3,000
🔥 - $3,500
🐳 - $3,800 or more
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🇺🇸Trump's team sold his new NFTs for $2 million in two days
•The price of cards with images in the fourth Donald Trump collection starts at $99.
•Large buyers will receive physical cards with fragments of Trump's suit, which he wore during the debates against Joe Biden, as a bonus.
•According to Polygonscan, more than 22 thousand NFTs have already been issued, the total value of which exceeded $2.2 million. The tokens have received more than 1,200 addresses.
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🇸🇻 El Salvador’s President Nayib Bukele is on the cover of TIME.
🦾 He’s dubbed a “strongman” who is transforming his country with an iron fist, becoming the world’s most popular authoritarian leader.
Remember, El Salvador buys exactly 1 BTC every day, rain or shine, as part of its Bitcoin strategy. ⛈
The country currently holds 5,856.75 BTC, worth nearly $350 million. 💰
Following Pavel Durov’s arrest, Nayib Bukele trolled France by inviting people to move to El Salvador, promising freedom of speech, no censorship, and no property taxes.
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💰 Peter Dunworth makes the case for buying 1 house for 0.001 #Bitcoin in 2044
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😎According to Henley & Partners, Singapore has ranked first in the world in terms of digital asset adoption
Singapore's high ranking is due to its strong regulatory framework and widespread acceptance of cryptocurrency among the population.
Hong Kong and the UAE ranked second and third, respectively.
The UAE, however, outperforms Singapore and Hong Kong in tax policy.
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🤓 Financial Times: In 2023, Telegram's financial losses were partially offset by the growth in the value of digital assets that the company held on its balance sheet
The company's digital assets were valued at almost $400 million.
Also, according to the balance sheet, in 2024, Telegram sold TON for more than $244 million.
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Elon Musk says he is the person who wants Tesla to bring back the ability to pay for goods with Dogecoin 😁
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Coinbase CEO Brian Armstrong announced that they recently witnessed their first AI-to-AI crypto transaction. In this case, one AI bought AI tokens—essentially just units of text (words)—from another AI. The real significance lies in the fact that they were able to use crypto to make the transaction happen.
Will these AI-powered crypto transactions be a game changer in the crypto space?
👍- Yes
👎- No
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🤓Polymarket is betting on Durov's escape from France before September 15 - so far only 7% ✈️
Your opinion:
-Will escape at the first opportunity - 👎
-Will stay in France until the end of the investigation - 👍
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Toncoin's market cap surged to $13.96 billion, reaching 1.1 million daily users, despite facing a sharp 25% drop following Telegram CEO Pavel Durov's arrest in France.
The event has raised concerns about market volatility, though some indicators suggest a potential rebound for $TON.
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Bitcoin reserves on exchanges have hit new yearly lows, indicating reduced selling pressure and potentially signaling increased long-term holding by investors, which could strengthen the market. 📈
What do you think this means for Bitcoin’s price trajectory?
🐳 - $BTC price will go up
🔥 - It will stay the same
🌚 - It will go down
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JUST IN: 🇺🇸 Retail Banking Company NCR Atleos enables #Bitcoin cashout at ATMs via LibertyX.
They have over 30,000 ATMs 🙌
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JUST IN: 💰 A solo miner just mined a block worth 3.275 #Bitcoin worth $199,098
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⚡️ TODAY: Apple is reportedly looking to invest in ChatGPT's parent company, OpenAI.
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FACT: 💰 Bitcoin is currently outpacing its last two cycles 📈
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🕵️♂️ According to Chainalysis in their latest report, the average lifespan of crypto scams in 2024 has dropped to 42 days, compared to 271 days in 2020.
🥷 Scammers frequently use the “pig butchering” scheme, where they initially lure victims with small gains to build trust and confidence, only to later exploit them for a significant loss. 🐖🔪
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NEW: 🌎 Global liquidity hits an all-time high of $95 trillion 📈
Historically, Bitcoin price follows 👀
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Pantera Capital Snags TON Tokens with a 40% Discount – Bloomberg
👀 New details have surfaced about Pantera Capital's record-breaking investment in Toncoin from May.
The TON tokens have a 1-year lock-up period. While the exact amount remains undisclosed, it's confirmed to exceed $100,000,000.💰🔐
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