Author: Alyz Garsia

Telegram founder Pavel Durov has been arrested on August 24, triggering a major investigation in India over illegal activities on the platform. With 104 million users in India, the outcome could lead to a potential ban, impacting millions. The investigation is based on the allegations Durov faces including illegal activities on the platform, gambling, and extortion. The investigation is led by India’s Ministry of Home Affairs and the Ministry of Electronics and Information Technology. This investigation can result in Telegram’s blockage in India where 104 million people using the application. Some of the customer feedback received n from users in…

Thousands of Women ranked their attraction to male hobbies and referred to crypto as one of the most unattractive habits men ever had, some of them even prefer Cosplayers over crypto men. According to a Date Psychology survey report, men are less attractive to women when they have a hobby of crypto trading. Women always rate men with a reading hobby over crypto men. A recent poll conducted on August 24, by datepsychologist – a blog, singles out crypto as the ninth least appealing pastime for males. The sample used in the survey was a convenience sample of 814 participants,…

Telegram founder Pavel Durov, got arrested by French authorities on August 24, alligated for violations of the encrypted messaging platform. According to French local media outlets and Le Monde, the CEO got arrested at Le Bourget airport north of Paris after returning from Azerbaijan in his private jet. Later, Le Monde, based on the inside information on the case, reported Durov’s arrest. However, a Bloomberg report which mentioned this said that Russian Foreign Ministry spokeswoman Maria Zakharova also confirmed the news in a telegram. French officials say that L’Office Mineurs (OFMIN), the agency that oversees crimes against children in France,…

AAVE price surge has pushed it past a 2-year range, signaling potential for a strong upswing. The continuous upward trend, despite the market volatility, makes the AAVE token one of the best-performing cryptocurrencies in the market. Throughout August, the token keeps on growing and remains in a few of the tokens spreading green candles on the graph. The asset recently broke the past 2 years’ price range, attracting the attention of investors and analysts, as its recent performance suggests a strong upward trend is about to come. During this journey, the token gained 43.7% in its price during the last…

SunPump meme coin on the Tron network broke the barrier of $1 million in just 11 days of its launch. In the meantime, the asset went through a certain dawntime but reemerged and created over 18,000 tokens. According to Dune analysis data, the token was launched on August 9 and generated a total revenue of 7 million Tron since its launch. The biggest day in terms of revenue for SunPump was August 20, when it earned almost 2.78 million TRX which is worth $400,000, and created 6,000 meme coins. Source: Dune On August 20, the network of the token suddenly…

Turkey crypto license surge is drawing major exchanges like Coinbase and KuCoin into the race for approval. As the Turkish Capital Markets Board updates regulations, the country’s growing significance in the global crypto market is becoming evident. This is happening because the Turkish Capital Markets Board (CMB) has updated its rules, making this a crucial time for Turkey’s growing crypto industry. Turkey sees surge in crypto license applications On August 9, the Turkish Capital Markets Board (CMB) revealed that 47 cryptocurrency companies had applied for licences under the new regulations. Since then, the number of applicants has grown to 76,…

Bitcoin bullish breakout may be on the horizon as stablecoin influx and rising whale activity suggest potential price surges. Bitcoin’s recovery from $57.7K and the formation of the Bull flag in the daily chart make it clear that the asset is moving away from consolidation. The prices are becoming more stable, yet Bitcoin is still 8% negative from last week’s highs. At least in the short term, the asset needs to break the resistance of $63K which will give buyers a new hope for a trade. Once this trend is set, the asset will spike for the $70K mark, and…

A Solana price breakout is anticipated in the current volatile market, with analysts predicting its price could hit the $500 mark shortly. Although the price of Bitcoin keeps trembling below 60K, and the bearish trend in the crypto market is forcing the cryptocurrencies to remain in the lower support zone, analysts see a major breakout in the upcoming months. Solana Price Breakout: Key factors for reaching the $500 milestone The crypto trader and market strategist Curbo identified some crucial factors that will help SOL reach the $500 milestone. The analyst predicted the next price stop for Solana will be around…

BTC ETFs saw nearly half of asset managers increase their holdings in Q2, while 22% held steady—a solid performance, according to Bitwise’s investment chief. Bitwise reports that about 66% of institutional investors either maintained or expanded their Bitcoin investments through U.S.-based spot ETFs during the second quarter. SEC filings show that 44% of asset managers boosted their Bitcoin ETF positions, with 22% choosing to hold firm. BTC ETFs saw only 21% of investors trimming their positions and just 13% exiting altogether—a result that Bitwise’s Chief Investment Officer, “Matt Hougan shared in a post on X on August 15 that the…

xAI has released a new AI model for X users called Grok-2, which enhances chat, code, and reasoning functionalities, positioning Elon Musk’s xAI as a key player in the AI landscape. X is Elon Musk’s social media platform, and xAI has now added Grok-2, the newest feature for improving chat, coding, and reasoning.  On August 13, 2015 xAI, an AI startup owned by Elon Musk initiated a new release that is Grok-2 which is an improved version of its earlier version, Grok-1. 5 AI model for X users. The new Grok-2 beta includes two models: Two majors pieces of software…