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Local reports indicate that Indonesia, one of the largest users of Telegram globally, is considering a ban on the messaging platform due to its insufficient moderation of illegal content.
Budi Arie Setiadi, Indonesia’s Minister of Communication and Informatics, claimed that authorities are considering blocking Telegram, the local news agency Jakarta Globe reported on Aug. 29.
According to the minister, Indonesia is concerned about the distribution of illicit content on Telegram, including alleged involvement in promoting online gambling and spreading pornography.
Local authorities are also considering a potential ban on Bigo Live, a global live-streaming app owned by Singapore-based Bigo Technology, alongside the Telegram messenger, due to similar allegations.
Budi Arie Setiadi, Indonesia’s Minister of Communication and Informatics, claimed that authorities are considering blocking Telegram, the local news agency Jakarta Globe reported on Aug. 29.
According to the minister, Indonesia is concerned about the distribution of illicit content on Telegram, including alleged involvement in promoting online gambling and spreading pornography.
Local authorities are also considering a potential ban on Bigo Live, a global live-streaming app owned by Singapore-based Bigo Technology, alongside the Telegram messenger, due to similar allegations.
Well, what news lately😅
Bitcoin—along with other major cryptocurrencies ethereum, solana and XRP—has swung wildly over the last week as traders brace for a major BlackRock bitcoin exchange-traded fund (ETF) earthquake.
Subscribe now to Forbes' CryptoAsset & Blockchain Advisor and "uncover blockchain blockbusters poised for 1,000% plus gains" in the aftermath of bitcoin's halving earthquake!
The bitcoin price and the wider crypto market were caught up in a huge stock market sell-off this week as traders panic about global interest rates—with Coinbase warning of further pain to come.
Now, after former U.S. president Donald Trump floated the possibility of paying off the U.S. spiraling $35 trillion debt with bitcoin, two of Trump's sons have teased a major crypto announcement.
Subscribe now to Forbes' CryptoAsset & Blockchain Advisor and "uncover blockchain blockbusters poised for 1,000% plus gains" in the aftermath of bitcoin's halving earthquake!
The bitcoin price and the wider crypto market were caught up in a huge stock market sell-off this week as traders panic about global interest rates—with Coinbase warning of further pain to come.
Now, after former U.S. president Donald Trump floated the possibility of paying off the U.S. spiraling $35 trillion debt with bitcoin, two of Trump's sons have teased a major crypto announcement.
Bitcoin
led the crypto market lower on Tuesday – the first trading day for ether ETFs – as Mt. Gox transferred more bitcoin to creditors and investors took profits following the cryptocurrency’s best week since March.
The price of bitcoin was last lower by 3% at $65,891.50 according to Coin Metrics. Ether
, was down less than 1% at $3,476.04. Investors and analysts attribute the moves to profit taking after their 22.85% and 12.75% gains, respectively, last week.
led the crypto market lower on Tuesday – the first trading day for ether ETFs – as Mt. Gox transferred more bitcoin to creditors and investors took profits following the cryptocurrency’s best week since March.
The price of bitcoin was last lower by 3% at $65,891.50 according to Coin Metrics. Ether
, was down less than 1% at $3,476.04. Investors and analysts attribute the moves to profit taking after their 22.85% and 12.75% gains, respectively, last week.
I love the sea and its noise. true pleasure is lying on the beach
The crypto rebound from last week's low showed no signs of stopping with bitcoin (BTC) hitting its highest price in four weeks on Tuesday.
BTC surged above the $65,000 level for the first time since late June, shrugging off a dip below $63,000 earlier in the day as wallets related to the defunct Mt. Gox exchange's estate moved $2.8 billion worth of BTC, likely preparing to distribute assets to creditors in the coming days. The crypto rally was broad-based, showcased by the market benchmark CoinDesk 20 index (CD20) gaining nearly 3% over the past 24 hours with 16 of the 20 constituents in the green during the day. The strongest performer among altcoin majors was XRP (XRP), the native token of the XRP Ledger payment network, up 9% during Tuesday and extending its weekly gains to 35%.
The token's rally is supported by whales, or large asset holders, increasing their holdings, in a sign conviction in higher prices, crypto data provider Santiment pointed out.
BTC surged above the $65,000 level for the first time since late June, shrugging off a dip below $63,000 earlier in the day as wallets related to the defunct Mt. Gox exchange's estate moved $2.8 billion worth of BTC, likely preparing to distribute assets to creditors in the coming days. The crypto rally was broad-based, showcased by the market benchmark CoinDesk 20 index (CD20) gaining nearly 3% over the past 24 hours with 16 of the 20 constituents in the green during the day. The strongest performer among altcoin majors was XRP (XRP), the native token of the XRP Ledger payment network, up 9% during Tuesday and extending its weekly gains to 35%.
The token's rally is supported by whales, or large asset holders, increasing their holdings, in a sign conviction in higher prices, crypto data provider Santiment pointed out.
The sharp decrease in the difficulty of Bitcoin mining is reminiscent in percentage and duration of the period of the collapse of the FTX crypto exchange at the end of 2022, Coindesk writes, citing data from the analytical company CryptoQuant. On July 5, 2024, Bitcoin mining difficulty decreased by 7.8%, from 83.6 T to 79.50 T.
As of July 9, the figure is 79.5 T, according to BTC.com. The historical record was set on April 24 at 88.1 T.
Mining difficulty determines the amount of computing power required to find a new block in the Bitcoin blockchain - how many times on average miners must calculate the hash value to find a cryptocurrency block. With the current increase, the target difficulty value is set at 72.01 T (1 T = 1 trillion).
As of July 9, the figure is 79.5 T, according to BTC.com. The historical record was set on April 24 at 88.1 T.
Mining difficulty determines the amount of computing power required to find a new block in the Bitcoin blockchain - how many times on average miners must calculate the hash value to find a cryptocurrency block. With the current increase, the target difficulty value is set at 72.01 T (1 T = 1 trillion).
Fraudsters are actively using the new Telegram Stars currency to steal valuable data. It appeared in the messenger on July 2 and is intended for paying for purchases in bots and applications.
“Trick” the hamster: how scammers deceive Russians using a phone game
They use different schemes to steal money and Telegram accounts
The attackers began distributing advertisements for the sale of “Stars” in advance, bypassing the App Store and Google Play, promising favorable conditions. The main target of cybercriminals was the personal data of users, including access to the Telegram Wallet crypto-wallet.
Not all users are ready to create separate wallets and generate random passwords for them, and the simple option of linking the wallet to a Telegram account has become one of the most accessible options. It’s quite logical that there are people who want to make money from this,” said Elix Smirnov, leading case analyst at InfoWatch Group.
“Trick” the hamster: how scammers deceive Russians using a phone game
They use different schemes to steal money and Telegram accounts
The attackers began distributing advertisements for the sale of “Stars” in advance, bypassing the App Store and Google Play, promising favorable conditions. The main target of cybercriminals was the personal data of users, including access to the Telegram Wallet crypto-wallet.
Not all users are ready to create separate wallets and generate random passwords for them, and the simple option of linking the wallet to a Telegram account has become one of the most accessible options. It’s quite logical that there are people who want to make money from this,” said Elix Smirnov, leading case analyst at InfoWatch Group.
Blast is an Ethereum-based layer 2 network launched by Tieshun Roquerre, known as Pacman, who is also behind the Blur NFT marketplace.
Blast offers a native return model for Ethereum and stablecoins, charging 3.4% and 8% respectively. However, until a certain point, users did not even have the opportunity to withdraw funds, which critics called Blast a pyramid.
Blast handles staking for its users, making it layer 2 with native yield. As the network operates, it automatically links assets to the Ethereum mainnet, where they are staked and begin earning interest.
The return on Blast user deposits is ensured by staking ETH in the Lido liquid staking protocol. For those who deposit stablecoins, income is generated by the MakerDAO defi protocol. In this case, revenue accrues in the project’s stablecoin—USDB. Interest rates are cumulative, that is, applied to the balance over time, not to the initial deposit. The model is based on the Risk-Free Rate (RFR) return structure.
Blast offers a native return model for Ethereum and stablecoins, charging 3.4% and 8% respectively. However, until a certain point, users did not even have the opportunity to withdraw funds, which critics called Blast a pyramid.
Blast handles staking for its users, making it layer 2 with native yield. As the network operates, it automatically links assets to the Ethereum mainnet, where they are staked and begin earning interest.
The return on Blast user deposits is ensured by staking ETH in the Lido liquid staking protocol. For those who deposit stablecoins, income is generated by the MakerDAO defi protocol. In this case, revenue accrues in the project’s stablecoin—USDB. Interest rates are cumulative, that is, applied to the balance over time, not to the initial deposit. The model is based on the Risk-Free Rate (RFR) return structure.
Stacks (STX) has secured an 11% increase in value in the ever-volatile cryptocurrency market, making it a standout amidst market fluctuations. This increase is primarily attributed to the growing interest in Bitcoin-related NFTs, particularly Ordinals. On the other hand, Polkadot (DOT) has seen a significant 44% decrease in its value, prompting investors to reassess its potential.
In contrast, the presale of BlockDAG has experienced a remarkable 1300% surge in value. The price for Batch 19 of BlockDAG soared from $0.001 to $0.014 thanks to innovative blockchain solutions and effective marketing strategies that have established its presence globally. This impressive performance during the presale makes BlockDAG a strong candidate for investors looking for lucrative opportunities in crypto ETFs.
In contrast, the presale of BlockDAG has experienced a remarkable 1300% surge in value. The price for Batch 19 of BlockDAG soared from $0.001 to $0.014 thanks to innovative blockchain solutions and effective marketing strategies that have established its presence globally. This impressive performance during the presale makes BlockDAG a strong candidate for investors looking for lucrative opportunities in crypto ETFs.
Taleb has blasted ChatGPT for its inability to provide sensible answers to users’ questions sometimes. In the comments, users’ opinions split – while some said that ChatGPT is nothing but a text generator, others started asking Taleb why he is being constantly critical only of ChatGPT but not of Microsoft’s Copilot AI, for example.
The “Antifragile” author did not respond to that. Earlier today, Ripple’s CTO and one of the XRP Ledger creators David Schwartz also took to his X account to criticize AI.
He did not slam ChatGPT in particular, though. He shared that a popular online platform for asking questions and getting answers to them, Quora, has become largely influenced by AI. Here’s what Schwartz tweeted: “Quora is absolutely littered with official AI-generated slop.” The Ripple CTO then shared several examples of AI-generated questions from that platform.
The “Antifragile” author did not respond to that. Earlier today, Ripple’s CTO and one of the XRP Ledger creators David Schwartz also took to his X account to criticize AI.
He did not slam ChatGPT in particular, though. He shared that a popular online platform for asking questions and getting answers to them, Quora, has become largely influenced by AI. Here’s what Schwartz tweeted: “Quora is absolutely littered with official AI-generated slop.” The Ripple CTO then shared several examples of AI-generated questions from that platform.
Listen to any crypto podcast or convention panel, and you will hear crypto natives speak of a killer app yet to come that will onboard the rest of the world. But what if it is already here? I argue that Telegram and a handful of independent developers have made more progress in onboarding the masses to crypto than the $100 billion in venture capital that has flooded the space since 2014.
Crypto adoption has been hindered by (i) poor UX, (ii) limited real-world utility, and (iii) terrible distribution. Through its support for and integration of The Open Network (TON), Telegram is addressing all of these issues and more.
Crypto adoption has been hindered by (i) poor UX, (ii) limited real-world utility, and (iii) terrible distribution. Through its support for and integration of The Open Network (TON), Telegram is addressing all of these issues and more.
If you're fat and awkward, strike graceful poses. Even cats know this golden rule.
It is easy to gather a herd of sheep, but it is difficult to gather a herd of cats.