Day: August 28, 2024

Telegram CEO Pavel Durov Taken to Court for Questioning

Pavel Durov, the CEO of Telegram and a prominent figure in the tech industry, has been brought to court in France for initial questioning following his arrest late Saturday outside of Paris. This development marks a significant escalation in the ongoing legal challenges facing the entrepreneur. Background on the Arrest Durov was detained by French […]

OpenSea Preps for Legal Battle with SEC Over NFT Securities

OpenSea, a leading NFT marketplace, is gearing up for a potential legal showdown with the U.S. Securities and Exchange Commission (SEC). Co-founder and CEO Devin Finzer revealed that the platform has received a Wells Notice from the SEC. Which could lead to a lawsuit over the classification of NFTs as securities. Details of the Wells […]

Hamster Kombat Airdrop Update: HMSTR token launch

Hamster Kombat, a popular tap-to-earn game on Telegram, has officially set September 26 as the launch date for its much-anticipated HMSTR token on The Open Network (TON). The game will also conduct an airdrop for its players concurrently with the token launch. Background and Player Base Since its launch this spring, Hamster Kombat has quickly […]

Explosive SEC Charges: Brothers’ $60M Crypto Ponzi Scheme

The U.S. Securities and Exchange Commission (SEC) has taken decisive action against two brothers. Jonathan and Tanner Adam, for their involvement in an extensive crypto Ponzi scheme that defrauded over 80 investors out of $60 million. Emergency Actions and Charges On Monday, the SEC implemented emergency asset freezes against the Adam brothers and their associated […]

The Open Network Goes Dark: TON network halt

Late Tuesday evening, The Open Network (TON), co-founded by Pavel and Nikolai Durov, experienced an unexpected halt in its operations, with users reporting that the network had ceased processing transactions. Network Downtime Details According to Tonscan, a blockchain explorer dedicated to TON. The network stopped producing new blocks around four hours ago. Raising concerns among […]