French authorities can hold Pavel Durov until Aug. 28
Prosecutors announced that the arrest was part of an investigation into an unnamed individual over cryptology services and complicity with illicit activities.
Related Posts


Bitcoiners back social platform to escape shadowbans and demonetization
Anthony Pompliano and others have backed an alternative content platform that aims to give creators more revenue and freedom from shadowbans and demonetization. 3390 Total views 13 Total shares A new Social media platform called Locals has drawn strong backing from leading crypto figures as part of a push to escape big tech censorship.Locals Technology,…

China’s Digital Currency Is Ready, Central Bank Says
The People’s Bank of China (PBoC) has claimed that its digital currency “can now be said to be ready."According to PBoC deputy director Mu Changchun, a prototype that adopts blockchain architecture has been successfully developed after five years of research.His announcement, made at the China Finance 40 Forum, was reported by local news site Shanghai…

‘Time to go up’ — Bitcoin price due for a push to $100,000, says PlanB
It’s high time for Bitcoin (BTC) to begin its next significant price rise, the creator of one of the best-known BTC price models says.In a tweet on Sep. 14, quant analyst PlanB highlighted increasing signs that BTC/USD is due to repeat historical gains.PlanB on BTC price: “Time to go up”Referring to the original incarnation of…

How a single strategy crypto algorithm gained 176.31% while Bitcoin tanked 65% in 2022
Before we get into the nitty-gritty of how one simple rule created the kind of insane return on investment noted in the headline — during one of the worst Crypto Winters in recent history — let’s be clear on one thing.You can’t copy this now.But anyone with access to Cointelegraph Markets Pro in 2022 could…

5 signs that the real Bitcoin rally may only be just beginning
The price of Bitcoin (BTC) has pulled back substantially since its yearly high at $14,149 a few days ago. Yet, there are five signs that the real rally is only just starting.Rising “HODLing” activity, record-high fundamentals, low retail interest, higher time frame breakout and technical indicators suggest that a bigger bull run may be brewing. Higher…

Tornado Cash saga left a void, says Chainalysis chief scientist: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.Chainalysis chief scientist shared his views on the Tornado Cash saga and said that the incident has left a void for illicit fund mixing services, but the real impact of…

Fake ID crypto exchange sign-ups attract 2-year prison sentence
Australian authorities sentenced a man who had used other people’s identities to open accounts on crypto exchanges.

Bitcoin rally hopes diminish as pro traders flip bearish, retail interest at 12-month lows
Bitcoin (BTC) has been trapped in a symmetrical triangle for 56 days and the trend change could last until early May, according to price technicals. Currently, the support level stands at $38,000, while the triangle resistance for daily close stands at $43,600.Bitcoin mining up, retail interest downBitcoin/USD price at FTX. Source: TradingViewThe week started with…