Day: October 2, 2024

Recent Token Launches on Telegram Experience Sharp Declines

Just days after launching their tokens on The Open Network (TON), two prominent Telegram games. Hamster Kombat and Catizen, have seen significant price drops, stirring concerns over the volatility and sustainability of gaming tokens in the crypto market. Hamster Kombat’s Rocky Start HMSTR token, which was eagerly anticipated by its player base of 300 million, […]

Bitwise Eyes Launch of XRP ETF Amid Regulatory Landscape

Bitwise, a prominent crypto asset manager based in San Francisco, California, has confirmed its plans to launch a major new exchange-traded fund (ETF) based on XRP. The seventh-largest cryptocurrency by market capitalization. This move follows the Securities and Exchange Commission (SEC)’s recent approvals of Bitcoin and Ethereum ETFs from various firms earlier this year. Growing […]

Telegram CEO Pavel Durov Reaffirms Commitment to User Privacy

Telegram founder and CEO Pavel Durov on Wednesday emphasized that the messaging platform is built to shield activists and ordinary people from “corrupt governments.” Addressing concerns about potential changes to Telegram’s privacy policy. Durov clarified that while the company cooperates with legal authorities when necessary, its foundational principles remain unchanged. “Telegram was built to protect […]

Bitcoin Poised for Potential Rally Amid Global Developments

Bitcoin is showing signs of gearing up for a potential rally in the closing months of this year, with several factors aligning that could provide a significant market boost, according to analysts. Despite recent fluctuations, Bitcoin has demonstrated resilience. It experienced a 4% decline following geopolitical tensions in the Middle East but has since rebounded […]

Tom Emmer Outlines Ambitious Crypto Plans for the U.S.

One of cryptocurrency’s most prominent advocates in Congress, House Majority Whip Tom Emmer (R-MN), has unveiled significant plans for the industry should Republicans gain control of all branches of the federal government in the upcoming elections. Speaking at the Messari Mainnet conference in New York this week, Emmer expressed confidence that cryptocurrency regulation is imminent, […]

AFP Seizes $6.4M in Crypto from Alleged Crime App Mastermind

The Australian Federal Police (AFP) announced on Tuesday the seizure of $6.4 million in cryptocurrency as part of an investigation targeting the alleged mastermind behind “Ghost”. An encrypted communication app purportedly used by organized crime syndicates. The suspect, 32-year-old Jay Je Yoon Jung from New South Wales, was arrested on September 17 under “Operation Kraken.” […]