SafePal’s new Mini Wallet App will enable 950 million Telegram users to create individually owned and compliant crypto-friendly Swiss bank accounts, the firm said.
Bitget Wallet’s Telegram Mini App, Bitget Wallet Lite mini, has attracted more than six million users in just three days after its soft launch.
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
According to Ankr, the integration will eliminate node management for developers, allowing faster development into the TON network.
Telegram’s agreement to set up an office in Kazakhstan aligns with the firm’s increasing compliance efforts as its CEO remains in France amid an ongoing investigation.
The United Nations recently issued a surprising report stating that Telegram has emerged as a major platform for criminal networks in Southeast Asia. This encrypted chat software has become a hotspot for money laundering, fraud, and the exchange of stolen data, according to the UN. The findings show that organized crime groups are using Telegram’s […]
Telegram's data-sharing policy with authorities since 2018 raises concerns about user privacy and could deter individuals from using the platform.
The post Telegram has shared IP addresses, phone numbers with authorities for criminal investigations since 2018, confirms CEO appeared first on Crypto Briefing.
Other top messaging apps like WhatsApp and Meta’s Messenger are also sharing user data with authorities, on valid legal requests.
The revived Flappy Bird mobile game has the “option to use Web3,” but a spokesperson says it will “never have NFTs.”
The Foundation says its mission is to preserve and foster the Flappy Bird game and legacy for the community.
The new owners of the trademark Flappy Bird trademark say it’s coming back, and deleted web pages suggest it could have something to do with crypto.
The new owners of the trademark Flappy Bird trademark say it’s coming back, and deleted web pages suggest it could have something to do with crypto.
Interest in prediction markets has been growing since the beginning of 2024 in the run-up to the US presidential election.
Telegram’s “People Nearby” feature has been suspected of being a way for state authorities to locate and track dissidents.
Telegram’s “People Nearby” feature has been suspected of being a way for state authorities to locate and track dissidents.
Telegram's policy change could significantly impact its reputation and user trust by addressing concerns over illegal activities on the platform.
The post Telegram updates policy, allows users to report illegal content in private chats appeared first on Crypto Briefing.
The Telegram founder is currently prohibited from leaving France and must check in with law enforcement on a weekly basis.
Toncoin (TON), the native cryptocurrency of The Open Network blockchain, has experienced a challenging week, further compounded by a broader market downturn and the recent arrest of Telegram CEO Pavel Durov. Currently trading at $4.62, Toncoin is below a critical support level that analysts believe is essential for a price recovery. Toncoin Faces Critical Support Challenge In a recent social media post on X (formerly Twitter), crypto analyst Ali Martinez has highlighted the urgency for Toncoin to reclaim the $4.70 mark soon. Failure to do so could trigger a significant correction of up to 45%, potentially dropping the token to around $2.60. Martinez noted that the token’s three-day chart is forming a head and shoulders pattern, which indicates that if Toncoin cannot consolidate above the $4.70 level, it may invalidate the bullish outlook and lead to a steep decline. Related Reading: Bitcoin Analyst Points To $55,000 As Potential Bottom – US Liquidity The Key The backdrop to this turmoil includes the recent arrest of Pavel Durov in France at the end of August. Reports indicate that Durov was taken into custody for initial questioning related to serious allegations against Telegram, including claims that the platform facilitated criminal activities such as fraud, drug trafficking, and the dissemination of child pornography. Additionally, the app has faced criticism for its perceived lack of content moderation and alleged connections to extremist groups. Durov’s arrest has sparked a wave of backlash from Russian politicians, some of whom suggest that the detention may be politically motivated. Tatyana Moskalkova, Russia’s top human rights official, claimed that French authorities aimed to undermine Telegram, a platform known for its emphasis on privacy and free speech. Potential Ban Looms For Telegram The legal troubles for Telegram extend beyond France, as the Indian government has initiated an investigation into the messaging app. Concerns have arisen regarding its use for criminal activities, including extortion and gambling. Allegations suggest that Telegram’s peer-to-peer communication features have been exploited by “bad actors” to facilitate illicit actions. Complicating matters, Telegram lacks a physical office in India, which hampers the government’s ability to regulate and investigate the platform effectively. Related Reading: Analyst Says Litecoin Will Outperform Bitcoin And Large Cap Cryptos With 11,000% Breakout Depending on the investigation’s findings, Telegram could face significant repercussions, including a potential ban in India. This ongoing scrutiny of the platform and its leadership poses additional challenges for Toncoin, as market sentiment continues to be influenced by developments surrounding Telegram and its CEO. It remains to be seen whether positive outcomes on these legal matters could provide the much-needed catalyst for TON to rally in the coming days, as the market continues to show a lack of demand and buying pressure led by the largest cryptocurrencies on the market. Featured image from DALL-E, chart from TradingView.com
India is Metaverse platform The Sandbox's largest market for creators with users numbers doubling in less than a year, co-founder Sebastien Borget told CoinDesk in an interview.
Hamster Kombat is preparing to launch the “largest airdrop in the history of crypto,” which could bring even more mainstream attention to the viral Web3 mobile game.
South Korea has joined the growing list of global jurisdictions, launching a probe against Telegram over illicit content dissemination.
Following the recent arrest of Telegram CEO Pavel Durov in France, the messaging platform is facing escalating legal challenges across multiple countries. Local media reports indicate that Indonesia is contemplating a ban on Telegram due to its alleged facilitation of pornography and online gambling activities. Global Scrutiny On Telegram According to a local media report, Indonesian Communication and Informatics Minister Budi Arie Setiadi has voiced strong concerns, stating that the Ministry has already warned Telegram about its content moderation practices. Per the report, Minister Budi Setiadi emphasized that if evidence of illegal content is confirmed, the government would take decisive action to block the platform. This intensifying legal scrutiny comes on the heels of a troubling incident in Central Java, where a 20-year-old resident, identified as “MAFA,” was arrested for allegedly managing a child pornography group on Telegram. The Indonesian authorities are reportedly monitoring the platform for further violations. Related Reading: Solana Price (SOL) Slips: Will a Break Below $140 Trigger More Downside? In France, Durov’s legal troubles have deepened since his arrest at Le Bourget Airport. The Paris prosecutor’s office has reported that he faces 12 serious charges, including complicity in child pornography sales, drug trafficking, fraud, and failure to cooperate with investigations. Durov has since been granted bail under strict conditions: he must pay €5 million, report to police twice a week, and remain within French territory. Paris prosecutor Laure Beccuau confirmed that there are sufficient grounds to investigate Durov on all charges related to his initial arrest. However, the legal challenges for Telegram extend beyond France and Indonesia, as the Indian government has also launched an investigation into the platform. As reported by NewsBTC, authorities in India are examining claims that Telegram is being used for criminal activities, including extortion and gambling. Similar to investigations underway in France and Indonesia, the messaging platform could face potential bans in these countries. TON Price Continues To Struggle Toncoin (TON) plunged about 20% after Durov was arrested outside Paris on August 24, before paring some of those losses. TON’s total value locked (TVL) has fallen to $357 million from a high of $769 reached in July, according to data provider DefiLlama. In the wake of this price crash, certain Toncoin supporters perceived an opportunity amidst the chaos. DWF Labs, a crypto market maker with a stake in the token, seized the moment to invest “millions” of dollars in Toncoin following the decline, as confirmed by co-founder Eugene Ng to Bloomberg. Related Reading: Bitcoin Forecast: Expert Reveals 4 Reasons To Be Bullish On Q4 Despite the efforts to stabilize Toncoin’s value, the cryptocurrency has struggled to regain its footing. The TON price has continued its downward trajectory, showing no signs of recovery with a further 1% drop in the 24-hour timeframe. The token has sustained substantial losses over the past month, amounting to nearly 17%, currently trading at $5.54. In case of further price retracements, bullish investors will need to keep a close eye on the $5.15 and $4.87 marks, the largest support levels for the token on its daily TON/USDT chart. Featured image from DALL-E, chart from TradingView.com
As Telegram CEO and founder Pavel Durov is now released on a $5.6 million bail, France, as an EU member state, continues working on the case.
Telegram has reportedly failed to improve moderation and issue a resolution over illicit content distribution after several requests from Indonesia.
After his arrest on Aug. 24, French prosecutors said they had indicted Pavel Durov with criminal charges related to his role at Telegram.
The head of the popular social-media and messaging platform was arrested on Saturday as part of an investigation into money laundering, drug trafficking, child pornography and non-cooperation with law enforcement crimes.
Telegram founder and CEO Pavel Durov was taken to court from custody on Wednesday, several reports suggested.
The TON Foundation assured users that all crypto transactions would be processed and no assets would be lost due to the brief block production disruption.
On August 24, Pavel Durov, co-founder and CEO of Telegram, was arrested in France, sending immediate shockwaves through the crypto market as the value of Toncoin (TON) plunged. The arrest is notably significant given Telegram’s central role in the crypto industry as a primary hub for communications. However, the implications could be even more far-reaching. […]
French President Emmanuel Macron has been widely criticized by tech executives such as Elon Musk and Rumble CEO Chris Pavlovski.