Russia Seeks Clarification From France on Telegram CEO Pavel Durov’s Arrest

The Russian Foreign Ministry has disclosed that its embassy in France has sought clarification on the detention of Telegram CEO Pavel Durov. The embassy stated that it aims to protect his rights, but France has been uncooperative. Durov’s arrest has sparked controversy, with Russian officials labeling him a political prisoner. Russia Seeks Answers on Telegram […]

RBI Governor Warns Against Rapid CBDC Launch, Advocates Gradual Approach

The governor of India’s central bank, the Reserve Bank of India (RBI), Shaktikanta Das, has highlighted the challenges of implementing cross-border digital currency interoperability and the necessity for robust governance. He emphasized the importance of gradual central bank digital currency (CBDC) rollout and data-driven insights from pilot programs. RBI Governor Warns of Challenges in Digital […]

9 Bitcoin Mining Companies Suspend Activities After Power Fee Hikes in Paraguay

Nine Bitcoin mining companies have suspended their operations after the power fee hikes affecting high-consumption customers in Paraguay. According to data provided by the National Power Administration of Paraguay (ANDE), these companies had their service terminated due to the interruption of their payments, or just because they did not want to continue operating. Power Fee […]

Orange Juice Futures Hit All Time High Numbers Amidst Agricultural Commodity Rally

The price of frozen concentrate orange juice futures contract has reached all-time high numbers this month, hitting 514.65¢ per lb and setting the stage for retail prices to skyrocket. The commodity, made famous by its part in the “Trading Places” film, is expected to keep rising due to climate factors and Brazil’s worst orange harvest […]

This Week’s Crypto Winners and Losers: SUN Skyrockets While TON Stumbles

This week delivered a solid performance for the crypto economy, with several coins posting impressive double-digit gains over the past seven days. Leading the charge was sun token (SUN), which skyrocketed by 187%, claiming the top spot among the week’s best performers. However, it wasn’t all sunshine and roses, as Telegram founder and CEO Pavel […]

SEC Charges Abra With Unregistered Sales of Crypto Asset Securities

The U.S. Securities and Exchange Commission (SEC) has filed settled charges against Plutus Lending LLC, operating as Abra, for failing to register the offers and sales of its crypto asset lending product, Abra Earn. The SEC also accused Abra of operating as an unregistered investment company, further complicating the firm’s regulatory standing. SEC Targets Abra […]

Edward Snowden: Pavel Durov’s Arrest Is an Assault on Basic Human Rights

Renowned NSA whistleblower Edward Snowden gave his take regarding the recent arrest in France of Telegram founder Pavel Durov. Snowden blasted the French government’s actions, stating that these constituted an “assault on the basic human rights of speech and association.” Snowden called for people to “wake up,” highlighting the attack that world governments have mounted […]

Paris Prosecutor’s Office Reveals Telegram CEO’s Arrest in Major Cybercrime Probe

The Paris Public Prosecutor’s Office has disclosed the arrest of Telegram CEO Pavel Durov, who was detained at Le Bourget airport on August 24, 2024. Durov is currently in police custody as part of an extensive judicial investigation. The probe, launched on July 8, 2024, involves multiple serious charges, including complicity in illegal transactions, child […]