Telegram
Gram of TON
GRAM is the native token of TON — The Open Network — an ultrafast, scalable blockchain integrated with Telegram.
The conclusion of The Open League Season 5 is here!
With intense competition and remarkable performances, congratulations to all the winners!
For comprehensive results, Season 5 champions, leaderboards, and insights, check out.
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Ethereum (ETH) Blockchain Explorer
Ethereum Transaction Hash: 0xc68e74da61... | Etherscan
0x89A76def...65bb8ee88 Transfer 0.8777 ETH to 0x537Ada04...7fF2B2999 | Success | Aug-11-2024 09:26:59 PM (UTC)
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📉 #crypto #btc #fear
The decline in Bitcoin's price from August 11 to August 12 led the crypto market to once again plunge into a state of "extreme fear." The "Fear and Greed" index dropped to a level of 25, exiting the "fear" zone where it had remained for only three days.
The lowest point of the year for the index was 17, which it hit on August 7 after Bitcoin's price fell below $50,000.
By the end of the week on August 10-11, the leading cryptocurrency had increased in price, and the sentiment index rose to 39-40 points. However, on Monday, due to another decline in BTC to $58,400, market participants are once again experiencing "extreme fear."
The decline in Bitcoin's price from August 11 to August 12 led the crypto market to once again plunge into a state of "extreme fear." The "Fear and Greed" index dropped to a level of 25, exiting the "fear" zone where it had remained for only three days.
The lowest point of the year for the index was 17, which it hit on August 7 after Bitcoin's price fell below $50,000.
By the end of the week on August 10-11, the leading cryptocurrency had increased in price, and the sentiment index rose to 39-40 points. However, on Monday, due to another decline in BTC to $58,400, market participants are once again experiencing "extreme fear."
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🇺🇸🤑 #crypto #btc
Marathon, the largest mining company in the USA, has started adding the label "Made in USA" to every block mined in the blockchain of the main cryptocurrency.
At the end of July, the company announced a strategic investment in bitcoins worth $100 million. MARA is the second-largest corporate holder of bitcoin after MicroStrategy by Michael Saylor, with more than 20,000 coins ($1.1 billion) on its balance sheet.
Marathon, the largest mining company in the USA, has started adding the label "Made in USA" to every block mined in the blockchain of the main cryptocurrency.
At the end of July, the company announced a strategic investment in bitcoins worth $100 million. MARA is the second-largest corporate holder of bitcoin after MicroStrategy by Michael Saylor, with more than 20,000 coins ($1.1 billion) on its balance sheet.
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Telegram
Super Channels, Star Reactions and Subscriptions
Today is Telegram's 11th anniversary. Meet Star Reactions and Star Subscriptions that let users support content creators, paid media for bots and Business accounts, and a new mode for Telegram Channels that lets admins post as their other channels or personal…
On Telegram's birthday, Pavel Durov announced a new update.
All the features we mentioned are now available. The update can be downloaded now for iOS and Android users who installed Telegram directly from the website telegram.org
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The Block
TON collaborates with Pyth Network to enhance real-time data feeds for gaming and DeFi
Pyth says its real-time price data can help TON games build better in-game economies, as well as help DeFi projects expand their audience.
Pyth Network announced Wednesday that it has partnered with The Open Network (TON).
▪️The partnership mainly involves Pyth’s oracle service, which allows users to request price data on-demand. Pyth will support games on the TON blockchain by providing accurate data feeds to help developers create improved in-game economies.
▪️Pyth's oracle will help TON projects expand their audience globally by feeding real-time price data, which it deems necessary for DeFi services that strive to offer fast transactions.
In addition to gaming and DeFi, Pyth added it expects its service to help TON attend to new Web3 users who expect the same level of responsiveness as they received from Web2 services.
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State of the Crypto Market
▪️ As of the trading session on August 15, the total capital inflow into Bitcoin funds amounted to $11.1 million.
▪️ Ethereum funds recorded an inflow of nearly $39.2 million.
▪️ The Crypto Fear and Greed Index is in the "fear" stage — 27 out of 100 points.
▪️ According to traders on Polymarket, a platform for betting on real-world events, Harris's chances of winning the presidential election have risen to 54%, and Trump's chances to 44%. The volume of bets on the US elections has exceeded $604 million.
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🇦🇪#crypto
Dubai court recognizes crypto as a valid salary payment
UAE lawyer Irina Heaver said the ruling shows the growing acceptance of crypto in employment contracts, recognizing the evolving nature of Web3 financial transactions.
Dubai court recognizes crypto as a valid salary payment
UAE lawyer Irina Heaver said the ruling shows the growing acceptance of crypto in employment contracts, recognizing the evolving nature of Web3 financial transactions.
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Protos
CHART: Listing every crypto sponsor for the 2024/25 Premier League
This season, 14 of the Premier League's 20 clubs will boast partnerships or sponsorship deals with crypto companies.
14 out of 20 clubs in the English Premier League have signed sponsorship deals with cryptocurrency companies.
Sponsorship related to cryptocurrencies and blockchain is becoming increasingly popular in the world’s most-watched football league. In the 2023/24 season, 8 different teams had an official cryptocurrency trading partner. The largest deal was made by Manchester City with the exchange OKX for 70 million dollars.
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A platform for creating meme tokens called SunPump has been launched on the Tron blockchain.
The service is being touted as a competitor to Рumр_fun, a token generator on the Solana network.
A key drawback of such platforms is that scammers take advantage of them to launch their projects. Justin Sun told reporters that SunPump conducts thorough checks of developers to ensure they "meet certain standards of honesty."
The SunPump team also announced that, in collaboration with Tron DAO, they have launched the Meme Ecosystem Boost program to support tokens issued on their platform. The allocated fund amount is $10 million.
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The stablecoin USDT will be launched on the Aptos blockchain.
According to Tether, supporting the Aptos network will allow USDT transactions to be conducted with exceptionally low fees (fractions of a cent). This should enable an expansion of USDT use cases, ranging from microtransactions to operations in large corporations.
The Aptos blockchain was also chosen for its "unprecedented speed and scalability." In May of this year, the network recorded 157 million transactions in a single day.
USDT operates on several blockchain networks, the most popular of which are Tron, Ethereum, Avalanche, Solana, and Ton.
The Aptos blockchain token (APT) is among the top 30 largest crypto assets with a market capitalization of about $3 billion.
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In India, a victim of a collapsed cryptocurrency pyramid scheme kidnapped two of its employees and extorted money from them.
Indian authorities have arrested a suspect for kidnapping two employees of the collapsed cryptocurrency pyramid scheme BitConnect and extorting over $120 million in cryptocurrencies.
It is reported that he allegedly lost funds due to the pyramid's collapse and sought to recover his investments. Along with accomplices, he kidnapped two former BitConnect employees and demanded 2091 bitcoins, 11,000 Litecoin coins, and 145 million Indian rupees (approximately $1.7 million) for their release.
The financial pyramid scheme BitConnect operated from 2016 to 2018. As a result of its collapse, around 4,000 people worldwide collectively lost over $2 billion.
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The revenue of the PumpFun platform reached $95 million in the 8 months since its inception, with over 1.8 million meme coins launched on the Solana blockchain through it.
However, analysts calculated that only 3% of traders who traded these tokens managed to earn more than $1,000. And only 20% of them made any profit at all.
▪️ The 6 most successful traders collectively earned over $140 million.
▪️ 70 traders managed to earn over $1 million, which accounts for 0.0028% of all wallets on the platform.
▪️ 924 traders managed to earn over $100,000 — this group constitutes only 0.037% of all wallets trading tokens launched through PumpFun.
▪️ 80% of traders ended up at a loss.
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X (formerly Twitter)
Scam Sniffer | Web3 Anti-Scam (@realScamSniffer) on X
🚨 5 hours ago, a victim lost $55.43M in DAI after signing a phishing transaction targeting its DeFi Saver Proxy.
How did this happen? 👇
How did this happen? 👇
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Tether will launch a stablecoin pegged to the UAE dirham.
Reportedly, each token will be fully backed by liquid reserves. Tether intends to obtain a license from the UAE Central Bank.
The stablecoin is being touted as an effective tool for transactions in dirhams, including cross-border payments, trading, or simply diversifying digital assets.
The new asset will be launched in partnership with the tech conglomerate Phoenix Group and with support from Green Acorn Investments.
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🇷🇺 #crypto #ads
In Russia, a law on cryptocurrency mining and circulation has come into effect, which, among other things, includes a ban on advertising cryptocurrencies and various services built around their use.
▪️Participants of crypto conferences are now advised not to use images and symbols referring to cryptocurrencies or exchange services in their promotional materials, and speakers are not allowed to directly promote products related to cryptocurrency circulation.
▪️If advertisers do not want to attract unnecessary attention, they can, at their own discretion, ban the advertisement of objects not explicitly mentioned in the law.
▪️However, experts believe that the market will eventually adapt and find ways to circumvent the strict restrictions without formally violating them. Russian crypto services will have to operate more discreetly, without advertising and loud slogans. This will create more problems for new players in this sector.
In Russia, a law on cryptocurrency mining and circulation has come into effect, which, among other things, includes a ban on advertising cryptocurrencies and various services built around their use.
▪️Participants of crypto conferences are now advised not to use images and symbols referring to cryptocurrencies or exchange services in their promotional materials, and speakers are not allowed to directly promote products related to cryptocurrency circulation.
▪️If advertisers do not want to attract unnecessary attention, they can, at their own discretion, ban the advertisement of objects not explicitly mentioned in the law.
▪️However, experts believe that the market will eventually adapt and find ways to circumvent the strict restrictions without formally violating them. Russian crypto services will have to operate more discreetly, without advertising and loud slogans. This will create more problems for new players in this sector.
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Telegram
Web3 Pulse
🤑 #crypto #meme #tron
A platform for creating meme tokens called SunPump has been launched on the Tron blockchain.
The service is being touted as a competitor to Рumр_fun, a token generator on the Solana network.
A key drawback of such platforms is that…
A platform for creating meme tokens called SunPump has been launched on the Tron blockchain.
The service is being touted as a competitor to Рumр_fun, a token generator on the Solana network.
A key drawback of such platforms is that…
▪️The SunPump platform (yes, that one) has surpassed the famous PumpFun platform (yes, that one) in the number of meme coins created in a day (7,300 vs. 5,700 tokens). Traders are actively transitioning to Tron — Decrypt.
▪️Justin Sun predicts that within a 12-month horizon, the income of the TRON network could reach $3 billion and promises more significant announcements in the coming weeks.
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