Telo News - Crypto | DeFi | Web3

14 Apr 2024 14:28

Toncoin (TON) has moved up to the 8th place in the CoinMarketCap, surpassing Dogecoin.

▪ Telegram ▪ X
▪ Community ▪ Source

Telo News - Crypto | DeFi | Web3

14 Apr 2024 11:25

The Federal Government of Nigeria has located the fleeing Binance executive, Nadeem Anjarwalla, in Kenya, after his escape from custody in Nigeria.

According to media sources:

"We have found him. We know where he is. He is in Kenya, and we’re working with the authorities to bring him back to Nigeria.

All hands are on deck. The government and all security agencies are working diligently with the Kenyan authorities and INTERPOL to ensure his return to Nigeria to face the charges brought against him."

Telo News - Crypto | DeFi | Web3

13 Apr 2024 20:57

Vietnamese officials reportedly told VnExpress that while cryptocurrencies aren't banned, a legal framework is needed.

The State Bank of Vietnam is set to study their use to prevent money laundering, and the Ministry of Finance must develop regulations by May 2025.

▪ Telegram ▪ X
▪ Community ▪ Source

Telo News - Crypto | DeFi | Web3

13 Apr 2024 15:41

The Winklevoss twins reportedly invested $4.5m in Bitcoin into Real Bedford Football Club to fund a Bitcoin vault, a new training center.

▪ Telegram ▪ X
▪ Community ▪ Source

Telo News - Crypto | DeFi | Web3

13 Apr 2024 13:20

According to WSJ, forecasters now expect the first rate cut no sooner than Q3 and anticipate only one or two cuts this year, despite earlier consensus predicting a June rate cut.

▪ Telegram ▪ X
▪ Community ▪ Source

Telo News - Crypto | DeFi | Web3

12 Apr 2024 19:52

A recent Policygenius survey shows Generation Z and millennials favoring cryptocurrencies over stocks, reflecting changing investment preferences. Key survey insights include:

⚫️20% of Gen Z and 22% of millennials own cryptocurrencies
⚫️Younger generations invest less in stocks than older groups
⚫️9% of Gen Z and 8% of millennials seek financial advice on social media
⚫️The trend underscores a shift towards digital assets among younger investors

▪ Telegram ▪ X
▪ Community ▪ Source

Telo News - Crypto | DeFi | Web3

12 Apr 2024 17:21

On April 12, 2024, Japan's web3 Project Team, under the leadership of MP Masaki Taira, reportedly drafted the "White Paper 2024."

This document discusses the advancement of blockchain and decentralized internet technologies, emphasizing Japan's efforts to enhance its web3 business environment.

▪ Telegram ▪ X
▪ Community ▪ Source

Telo News - Crypto | DeFi | Web3

12 Apr 2024 14:35

According to the recent ESMA's analysis on crypto assets:

⚫️Bitcoin, Ether, and Tether dominate, making up 74% of the market by capitalization
⚫️Stablecoins, particularly Tether, play a significant role in transactions, accounting for 70% of stablecoin market capitalization and 90% of volumes
⚫️Trading volumes are concentrated in a handful of exchanges, with ten platforms processing about 90% of transactions
⚫️Around 55% of trading occurs on exchanges with an EU license, though these transactions often happen outside the EU

▪ Telegram ▪ X
▪ Community ▪ Source

Telo News - Crypto | DeFi | Web3

12 Apr 2024 09:52

The first batch of the Universal Basic Smartphone (UBS) based on the TON blockchain has already sold out.

Presented at the Web3 festival in Hong Kong by Oyster Labs, this smartphone was priced at $129 (including delivery).

Upon purchasing the phone, an NFT is generated, serving as access to the TON ecosystem with cashbacks for purchases in regular stores and rewards in project tokens for activity. While the ecosystem hasn't been fully presented yet, the team promises immediate access to the entire TON ecosystem.

▪ Telegram ▪ X
▪ Community ▪ Source

Telo News - Crypto | DeFi | Web3

12 Apr 2024 07:57

SBF appealed his nearly 25-year prison sentence and conviction with Judge Lewis Kaplan, following his sentencing on March 28.

▪ Telegram ▪ X
▪ Community ▪ Source

Telo News - Crypto | DeFi | Web3

11 Apr 2024 21:11

Apple warned users in 92 countries of a spyware attack attempting to remotely compromise iPhones linked to their Apple IDs.

▪ Telegram ▪ X
▪ Community ▪ Source

Telo News - Crypto | DeFi | Web3

11 Apr 2024 16:44

Kraken is delisting Monero in Ireland and Belgium, with plans to convert any remaining Monero balances to Bitcoin.

▪ Telegram ▪ X
▪ Community ▪ Source

Telo News - Crypto | DeFi | Web3

11 Apr 2024 16:21

Bitfinex Securities is reportedly launching a tokenized debt, HILSV, on the Liquid Network for a Hampton by Hilton hotel at El Salvador Airport, tradable against the US dollar and USDT.

▪ Telegram ▪ X
▪ Community ▪ Source

Telo News - Crypto | DeFi | Web3

11 Apr 2024 13:42

A Montenegrin court approved the extradition of Do Kwon, leaving the decision to Justice Minister Andrej Milovic. He has repeatedly sought Kwon's extradition to the US, so the possibility of his extradition to the US has increased.

▪ Telegram ▪ X
▪ Community ▪ Source

Telo News - Crypto | DeFi | Web3

11 Apr 2024 08:42

Paraguay is considering selling hydropower to Bitcoin miners, potentially averting a mining ban.

A hearing on April 23 will discuss this option, which could increase revenue for the nation's electricity authority and provide an alternative to exporting energy.

▪ Telegram ▪ X
▪ Community ▪ Source

Telo News - Crypto | DeFi | Web3

14 Apr 2024 13:12

💌💌💌💌💌
✔️ This week's crypto market highlights:

⚫ Paraguay eyes Bitcoin mining ban
⚫ Brazil investigates Elon Musk
⚫ Toncoin becomes 9th globally by market cap
⚫ Hong Kong to launch spot BTC ETFs
⚫ US inflation figures released
⚫ FTX's Salame faces sentencing on May 28
⚫ SEC targets Uniswap
⚫ Montenegro approves Do Kwon extradition

▪ Telegram ▪ X  ▪ Community

Telo News - Crypto | DeFi | Web3

13 Apr 2024 22:18

QCP reported that fears of Iranian retaliation against Israel caused a market sell-off, driving perpetual funding rates to their lowest this year (-40%).

Bitcoin traded to lows of $60.8k, Ethereum to $2850 and altcoins were down another 20-30% on average. Bitcoin has since traded back above $64k and Ethereum above $3000.

According to the analysts, despite the upcoming Bitcoin halving, Bitcoin may remain within the $64k-$73k range.

▪ Telegram ▪ X
▪ Community ▪ Source

Telo News - Crypto | DeFi | Web3

13 Apr 2024 20:28

KuCoin announced on X that their Turkish account was compromised, warning users against malicious links or posts from this account.

They confirmed that user funds are safe as they investigate further.

▪ Telegram ▪ X
▪ Community ▪ Source

Telo News - Crypto | DeFi | Web3

13 Apr 2024 14:04

Hong Kong Bitcoin ETF issuers reportedly stated that mainland Chinese funds are not allowed to buy cryptocurrency ETFs, debunking a Matrixport report that claimed potential $25bn inflows from these investors.

▪ Telegram ▪ X
▪ Community ▪ Source

Telo News - Crypto | DeFi | Web3

13 Apr 2024 04:19

Coinbase filed interlocutory appeal in its case against the SEC. In its motion, Coinbase will be appealing the issue of whether the SEC has authority over digital asset transactions as investment contracts. 

▪ Telegram ▪ X
▪ Community ▪ Source

Telo News - Crypto | DeFi | Web3

12 Apr 2024 18:12

Shakeeb Ahmed was sentenced to three years in prison for hacking two DEXs, including Nirvana Finance, and stealing over $12m in cryptocurrency, marking the first US conviction for a smart contract hack.

▪ Telegram ▪ X
▪ Community ▪ Source

Telo News - Crypto | DeFi | Web3

12 Apr 2024 16:52

According to the data, various countries hold substantial amounts of crypto assets:

🇺🇸 USA: $15.27bn, including 212,847 BTC and 45,654 ETH
🇬🇧 UK: 61,245 BTC, valued at approximately $4.34bn
🇩🇪 Germany: 49,859 BTC, worth around $3.53bn
🇸🇻 El Salvador: 5,718 BTC, totaling $405m

▪ Telegram ▪ X
▪ Community ▪ Source

Telo News - Crypto | DeFi | Web3

12 Apr 2024 13:04

Hong Kong is reportedly poised to approve Bitcoin and Ether ETFs as early as Monday, aiming to establish itself as a regional digital asset hub.

Applicants likely to receive approval include Harvest Fund Management’s international arm and a joint venture between Bosera Asset Management and HashKey Capital.

▪ Telegram ▪ X
▪ Community ▪ Source

Telo News - Crypto | DeFi | Web3

12 Apr 2024 09:22

Notcoin, the viral Telegram-based game that attracted more than 35m total players with a peak of 6m daily active users, will launch an on-chain token called NOT on TON this month.

Notcoin, simply put, is a social game where players earn in-game coins by tapping their phone screens. These earned in-game coins will be converted to NOT at a 1,000:1 ratio. A total of 102.7bn NOT tokens will be minted, with 80.2bn for players.

Post-launch, Notcoin will reintroduce the game with a new model and no further token minting, incorporating interactions with external projects for rewards.

▪ Telegram ▪ X
▪ Community ▪ Source

Telo News - Crypto | DeFi | Web3

11 Apr 2024 23:07

Toncoin (TON) experienced a significant surge in the last day, bringing its market cap to a massive $25bn, just $3bn short of OG memecoin Dogecoin's $28bn.

Toncoin is currently priced around $7.25. This represents roughly a 9% increase in the last 24 hours, a 45% increase in the last week, and an astonishing 123% increase in the last 30 days.

▪ Telegram ▪ X
▪ Community ▪ Source

Telo News - Crypto | DeFi | Web3

11 Apr 2024 17:58

The number of new tokens listed on DEXs reportedly surged to a record high in early April.

▪ Telegram ▪ X
▪ Community ▪ Source

Telo News - Crypto | DeFi | Web3

11 Apr 2024 16:42

The SEC had reportedly investigated Dapper Labs, issuer of the FLOW token, closing the case last September without disclosed reasons, per Fortune.

Dapper Labs claimed unawareness of the investigation, stating no contact from the SEC.

▪ Telegram ▪ X
▪ Community ▪ Source

Telo News - Crypto | DeFi | Web3

11 Apr 2024 15:57

Bitrace trained Hong Kong Police officers in crypto tracking to improve their crypto crime investigations and on-chain fund tracking, targeting CSTCB and CCB units.

▪ Telegram ▪ X
▪ Community ▪ Source

Telo News - Crypto | DeFi | Web3

11 Apr 2024 09:50

The difficulty of mining Bitcoin has reportedly undergone an adjustment, increasing by 3.92%.

▪ Telegram ▪ X
▪ Community ▪ Source

Telo News - Crypto | DeFi | Web3

11 Apr 2024 08:13

President Joe Biden reportedly anticipates interest rate cuts in the US this year, though new data suggest a delay possibly extending past the November election.

▪ Telegram ▪ X
▪ Community ▪ Source