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Happy with how the week has started, Geckos?
The crypto market continues to simmer in the summer heat, but are we anywhere close to the end? In today's news:
TON takes a tumble 💎 AI leaps ahead 🤖
Read on! |
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24h Hot Searches Worldwide 🔥 |
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Top Crypto News & Info Sources |
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74% of survey participants consumed most of their crypto-related information from X, YouTube, or Telegram.
In contrast, news websites lagged further behind as the main information source for just 7% of participants. |
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TON takes a tumble 💎 The CEO of Telegram has been taken into custody!
Pavel Durov, the founder behind the social messaging app, was arrested shortly after landing at Bourget Airport in Paris.
Based on reports, Durov is currently being charged with terrorism, trafficking, and money laundering, among other charges, due to Telegram's lack of moderation.
As it turns out, French authorities are considering Durov as an accomplice for allowing organized crimes to occur through the platform.
Since his arrest, the price of The Open Network's native TON token plunged by 22% from $6.80 to $5.30 but has recovered to $5.65 today.
Several Ton-based projects have also changed their avatars and token logos in solidarity with Pavel. |
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Learn about the most common mistakes that can negatively affect your trading journey and how to avoid them! |
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AI leaps ahead 🤖 The price of AI-related tokens has risen significantly across the board ahead of Nvidia's upcoming earnings report on Wednesday.
Over the past week, FET, the native token of the 'Artifical Superintelligence Alliance' surged by 68.7%, while TAO saw a smaller increase of 22.7%.
Other AI-affiliated assets, such as NEAR and RENDER, also ended the week with double-digit percentage gains, with price increases of 26.3% and 41.9%, respectively.
According to a Factset poll, analysts expect Nvidia to record their earnings per share (EPS) at $0.65, jumping by 141% compared to last year. |
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What are some of the top wallets to explore Sei Network? |
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In Other News... Not Getting Out. What are your thoughts on the likelihood of Telegram CEO Pavel Durov being released from jail? Polymarket bettors appear skeptical, with 75% predicting he won't be released before August 31. Ronin Chain MMORPG: The Forgotten Universe. The game entering open beta today originated from the Forgotten Runes Wizard Cult, a 2021 NFT collection on Ethereum.
New Money Is Here?! Stablecoin market capitalization hits an all time high of $167B. Crypto analyst Dynamo DeFi thinks that this is a sign that new money is entering crypto.
Mac Users Beware. A new malware attack termed "Cthulhu Stealer" targets crypto users through the form of an Apple disk image (DMG). Users who run the DMG will first be prompted for their Mac password followed by a second prompt for crypto wallet passwords.
Apes Together Strong. Shiba Inu memecoin is planning to launch their own decentralized autonomous organization (DAO). Holders of $SHIB will then be able to vote on the future direction of the project.
Polygon Discord Safu. Polygon has regained control of its community Discord server following a hack that allegedly cost one user about $145,000 in assets. The attack seems to target Polygon's transition period from the MATIC token to the new POL token.
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