The new charges from Russia come a few years after Durov was arrested in France. According to several reports, Russia’s Federal Security Service has charged Telegram founder Pavel Durov with facilitating terrorist activity and issued an international warrant for his arrest. The agency alleged that the messenger app failed to remove content used by
Every dollar Robinhood Chain earns, a tenth goes to a DAO treasury controlled by strangers. The arrangement has been covered a dozen times as good news for Arbitrum’s token. Summary Robinhood Chain runs on Arbitrum’s Orbit stack, and under the Arbitrum Expansion Program every Orbit chain settling outside Arbitrum One routes 10% of net protocol
In crypto news today (July 29), Bitcoin climbed +1% overnight, reclaiming $64,000 ahead of today’s FOMC meeting, in which a rate hike is rumored to be on the table. Liquidations have slowed from yesterday, sitting at just over $420M, down from $605M the day before, although the majority of those liquidations are still from long
“As long as there is any bid from speculators, community members, or exchanges, the price will be >0,” Perplexity stated. Cardano’s ADA and Pi Network’s PI have both posted staggering losses over the past year and are among the worst-performing cryptocurrencies during the current bear market. Their deteriorating condition has stirred anxiety among industry
Uniswap founder Hayden Adams rejected claims on July 28 that the decentralized exchange’s newly activated v4 protocol fees reduce liquidity providers’ existing earnings. Summary Uniswap governance activated v4 protocol fees across seven chains after 46.6 million UNI supported proposal. Liquidity providers retain existing pool fees while traders pay a separate protocol charge, Adams said. A
Morgan Stanley has launched Ethereum and Solana ETFs with a 0.14% fee, making them the cheapest ETH and SOL funds in the US. The investment banking giant has begun trading for the Morgan Stanley Ethereum Trust (MSSE) and the Morgan Stanley Solana Trust (MSOL) on NYSE Arca on July 28. Both funds are priced
Open interest in perpetual contracts tied to stocks, metals and oil has doubled since late May as major crypto exchanges expand beyond digital assets, CryptoQuant reported. Summary TradFi perpetual open interest has more than doubled to over $2 billion since late May. Binance, Bybit and Gate control about 70% of the emerging derivatives segment. Crypto
Operators have to lock up their own ETH as collateral now. Liquid staking app Lido has started moving the bulk of its staked ETH onto Ethereum’s larger post-Pectra validators, and the operators running them are now putting up their own capital for the first time. The main idea is that Lido’s curated node operators
Regional mediators are reportedly close to a proposal that could restart the US-Iran memorandum of understanding, although Tehran continues to deny seeking renewed talks with Washington. Summary Pakistan, Egypt and Qatar are reportedly pushing a plan to revive the US-Iran MoU. Iran and Oman have reportedly accepted a proposal addressing disputes over the Strait of
Florida Rep. Mike Haridopolos has renewed his push for the CLARITY Act as Senate delays narrow the bill’s path to passage before the August recess. Summary Haridopolos warned that continued delays could push US crypto businesses and investment overseas. Senate leaders prioritized 74 federal nominees and a Russia sanctions bill over the CLARITY Act. The