Decrypt

Palo Alto, California, USA, 27th August 2024, GamingWire

After Telegram CEO Pavel Durov was arrested in Paris, major tokens on the The Open Network are down amid protest.

Last week saw digital asset investment products pull in $533 million, the largest inflows for five weeks, according to CoinShares.

Teng urged the U.S. government to designate Gambaryan as an “unlawfully detained” citizen overseas.

The UAE’s Ministry of Foreign Affairs has requested the French government to urgently provide Telegram’s CEO with consular services.

Redirecting all election-related inquiries in Grok to a non-partisan site has been cautiously welcomed by five U.S. Secretaries of State.

An increase in buying of call spreads amid selling of Bitcoin call options with a strike of $100,000 points to cautious optimism, QCP noted.

As the tech giant preps for its annual iPhone event next week, a Bloomberg report looks further into the future.

The leading crypto exchange has struggled to stay online when Bitcoin prices surge or crash. It says AI has helped it scale up earlier.

Abra, a crypto trading and lending platform, has already settled the SEC’s newly revealed securities charges and will pay a fine.

A twice-disputed outcome related to RFK Jr. on Polymarket is still unresolved as traders pour in millions towards an unlikely jackpot.

The Ethereum blockchain is dominant in decentralized finance, but its creator wants to see more meaningful applications.

The Paris prosecutor’s office said it can keep Pavel Durov detained until Wednesday as Macron fights claims of political motivations.

Ahead of the launch of the new Sonic layer-1 chain from Fantom developers, Sonic Labs has locked up a deal with esports team Complexity.

Tron’s TRX is now the 10th-largest coin by market cap following the weekend arrest of Telegram CEO, which led to a plunge in TON’s price.

AI tokens lead ahead of Nvidia earnings. Crypto funds saw $533m inflows last week. BTC ‘bull market’ back on in IFP index. BTC close to ‘parabolic zone’ soon. Many coins ‘flipping back to bullish’ indicators. Open Interest begins to creep back up again. Binance Labs to focus on AI investments. 51 L2s now built on … Read more

Crypto funds—primarily Bitcoin ETFs—pulled in the most cash in more than a month last week, according to data from CoinShares.

The Trump family DeFi platform, called “The DeFiant Ones” or “World Liberty Financial,” is warning crypto users of potential scams.

But they’ll still get the benefits of Bitcoin gains, writes Bernstein, which reiterated its forecast that BTC will go to $200,000.

The good news: The main developer has been flagged for withholding payments and the malware has been banned from at least one marketplace.

Favorable tailwinds for Bitcoin include the outcome of the U.S. presidential election in November and interest rate cuts next month.

Betting began with a 50% chance, but the odds soon fell after it became clear Durov would not be released in August.

“It is absurd to claim that a platform or its owner are responsible for abuse of that platform,” Telegram said late Sunday evening.

Catch up on this week’s biggest crypto and NFT gaming news and find some weekend reads in our latest roundup.

The co-founder of Forgotten Runes believes the Ronin-based MMORPG will help push the project to become a “global franchise.”

Prominent games built on Telegram have joined many in the crypto and tech communities in solidarity against the Saturday arrest of Pavel Durov.

With greater interconnectivity, Iris Cheung said layer-2 solutions will be able to compete on usability.

A pair of recent academic studies show how crypto arbitrage has evolved—and its effect on the cryptocurrency market.

PREVIEW: This Ronin-based mobile spinoff from the classic Ragnarok Online is very familiar—but also slick and entertaining.

It was a good week to be a degen as the golden arches presented an irresistable opportunity.