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Forward from: Trending Apps
Digital Resistance — Free Pavel Durov and Defend Free Speech

Digital Resistance is a Telegram Mini App created to collect signatures from all people who value privacy and freedom of speech. The goal is to present The Open Letter to the French authorities, who are responsible for the detention of Pavel Durov.

Launched by TON Society, this is the first-of-its-kind initiative aiming to urge France to #FREEDUROV and allow Telegram to protect the freedom of expression and the right to private life for its users. There are currently over 2,700,000 signatures, and the number is continuously growing.

Support the initiative by visiting Digital Resistance, read the full text of The Open Letter, see how global celebrities are backing Pavel Durov, and learn more about this situation through articles from leading media.

#FREEDUROV


Forward from: TON Society
Today, We stand with Pavel Durov — Creator of Telegram.

In support of the #DigitalResistance, we are updating Toncoin’s logo and profile pictures across TON Community channels to the global symbol of Digital Resistance—the Resistance Dog. Pavel Durov started this movement during his fight to maintain the privacy of Telegram users and protect freedom of speech. 

Join the #DigitalResistance, #FreeDurov. Activate the Resistance Pack:

1️⃣Share this post using #FREEDUROV hashtag

2️⃣Put 🆓emoji in your username

3️⃣Change avatar to Resistance Dog (our profile photo)












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Introducing Ripple USD (RLUSD): A Stable Digital Dollar

Ripple USD (RLUSD) is a digital currency intended to always be worth one US dollar. It will be available on the XRP Ledger and Ethereum blockchains and backed by a reserve of cash and cash equivalents, making it fully redeemable at a 1:1 ratio with US dollars.

However, it will only be available once it receives regulatory approval.

#RippleUSD #RLUSD #Stablecoin #Cryptocurrency #XRP #DigitalDollar


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Ethereum Price Plummets Amid Market Turbulence

Ethereum's value took a significant hit, dropping sharply after falling below the $3,000 support level.

This downturn pulled Bitcoin down as well, with ETH sinking below $2,500. The cryptocurrency's price plunged over 20%, even breaking through the $2,200 mark.

The decline didn't stop there; Ethereum fell below $2,000, hitting a low of $1,911. Currently, it's consolidating its losses but managed a slight recovery, climbing back above $2,200.

#Ethereum #CryptoCrash #MarketUpdate #Bitcoin #CryptoNews


The total amount stolen through hacking has soared to $8.56 billion in recent years.

A significant portion, $6.03 billion, comes from the DeFi industry, with the remainder involving breaches in cross-chain bridges.

Recently, hacks have affected platforms like Astroport, DeltaPrime, ETHTrustFund, Rho Markets, WazirX, and Lifi Finance. The WazirX breach stands out as it is one of India's largest crypto exchanges, losing over $234 million in tokens.

Additionally, Bittensor users were hit with losses exceeding $8 million, and BtcTurk users lost more than $54 million.


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Elon Musk's social media platform, X, has suspended the "makenowmeme" account, which enabled users to create memecoins with simple posts. The account, boasting 15,000 followers, was taken down on August 2 for allegedly violating X's rules.


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OpenEden Introduces Tokenized US Treasury Bills on the XRP Ledger

Tokenization platform OpenEden has announced the introduction of tokenized US Treasury bills (T-bills) on the XRP Ledger (XRPL). This marks the first time T-bills, a short-term US government debt obligation backed by the US Department of the Treasury, will be available to XRPL users.

The tokenization of T-bills on the XRPL exemplifies how institutional access to decentralized finance (DeFi) is being enhanced through the tokenization of traditional real-world assets (RWAs). OpenEden’s TBILL tokens are backed by investments in short-dated US T-bills and reverse repurchase agreements collateralized by US Treasuries.

To maintain high security and regulatory compliance, all minters undergo stringent KYC and AML screening.

Ripple, a leader in enterprise blockchain and crypto solutions, has committed USD$10 million to OpenEden’s TBILL tokens. This investment is part of a larger fund that Ripple will allocate to tokenized T-bills from OpenEden and other issuers.

#DeFi #Tokenization #XRPL #USTBills #Ripple #Blockchain #Crypto #OpenEden


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Surge in Crypto and Sustainable Investments Among Italians

The percentage of Italians including cryptocurrencies in their investment portfolios has surged from 8% in 2022 to 18% in 2024, according to a report released Tuesday by Italian stock-market regulator Consob. Additionally, those engaging in sustainable investments have increased from 11% to 20% over the same period, as detailed in Consob's report on the investment choices of Italian households.

The report also highlights that young investors and women predominantly use social media to gather information for their investment decisions. In the financial sector, social networks serve as the primary source of information for about 58% of investors aged 18 to 34 and 42% of women.

#InvestmentTrends #Cryptocurrency #FinancialNews


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US Government Moves Bitcoin Holdings: Peter Schiff's Warning

Peter Schiff said that now that the Biden administration is aware of Donald Trump’s plans to make Bitcoin a strategic reserve, they would take this to their advantage.

On Monday, July 29, the US government transferred a total of 29,000 BTC worth $2 billion confiscated from the Silk Road marketplace. The US government moving its Bitcoins has sent tremors across the broader crypto market, with BTC price falling by 4% in the last 24 hours.

Bitcoin critic Peter Schiff has warned that the US government could sell all of its holdings before the upcoming Presidential Elections.


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BlackRock CIO Dismisses Plans for Solana ETF, Focuses on Bitcoin and
Ethereum

Samara Cohen, BlackRock's Chief Information Officer, recently told Bloomberg that the financial giant has no plans to launch a Solana exchange-traded fund (ETF) in the near future.

"We really look at the investability to see what meets the criteria and the bar to be delivered in an ETF. For us right now, both between investability considerations and what we hear from our clients, Bitcoin and Ether definitely meet that bar," Cohen said in response to a question about potential altcoin ETFs.

The BlackRock CIO added that it "would be a while" before investors could expect anything else from the financial giant.

#BlackRock #Solana #ETF #Bitcoin #Ether #Investing #FinanceNews


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Hong Kong Prepares to Integrate Bitcoin into Financial Reserves

Hong Kong, one of the world’s financial centers, is preparing to discuss the potential and innovations that Bitcoin will bring.

Legislative Council member Johnny Ng announced steps would be taken to include Bitcoin in the region’s financial reserves.

This move highlights the increasing role of cryptocurrencies in the global economy and how Hong Kong can adapt to this change.

#Bitcoin #HongKong #Cryptocurrency #FinancialReserves


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Trump Promises to Make U.S. a "Bitcoin Superpower"

NASHVILLE, Tenn. (AP) — Former President Donald Trump on Saturday laid out his plans to wholeheartedly embrace cryptocurrency if elected for a second term. Speaking to hundreds of cheering supporters, Trump declared his ambition to transform the U.S. into a “bitcoin superpower” under his leadership.

During his keynote address at a bitcoin conference in Nashville, Tennessee, the Republican presidential nominee vowed to establish the United States as the “crypto capital of the planet” and proposed creating a bitcoin “strategic reserve” using the currency that the government currently holds.

#Cryptocurrency #Bitcoin #Trump2024 #BitcoinSuperpower #CryptoCapital #NashvilleConference


Trump Raises $4M in Crypto for Campaign, XRP Stays Muted

CNBC announced that Republican presidential candidate Donald Trump has raised over $4 million in campaign donations with various crypto assets, including XRP, Bitcoin, Ethereum, and USDC.

However, XRP’s response to the news remained muted due to the altcoin’s value dropping in the last 24 hours.

At the time of writing, XRP was trading at $0.60, having fallen 1% in value and 14% in trading volume over the same period.

#CryptoCampaign #Trump2024 #Bitcoin #Ethereum #XRP #USDC


Ripple's XRP Soars Above $0.60 Amid Settlement Speculations and Stablecoin Introduction.

The daily chart from TradingView shows a substantial rise for the altcoin, marked by six consecutive bullish daily candles followed by three green candles. Bulls continue to dominate XRP's price action.


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Breaking News: Elon Musk Removes Bitcoin Emoji from Hashtag on X (formerly Twitter)

In an unexpected development, Elon Musk has eliminated the orange Bitcoin emoji that appeared with the #Bitcoin hashtag on the social media platform X, formerly known as Twitter. This change, first noted by WatcherGuru, has stirred the crypto community, leaving many to speculate about the reasoning behind it.

Previously, adding #Bitcoin to tweets would trigger the appearance of the orange Bitcoin symbol, a well-known indicator of Bitcoin-related discussions on the platform. This popular feature has now been removed without any prior notice or explanation.

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