Memecoin ‘mastermind’ Sahil likely made $3M from ‘Celeb meta’ — ZachXBT
Sahil Arora is estimated to have netted around $3 million dollars this year for his efforts in launching memecoins with celebrities.
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Breaking: Telegram CEO Pavel Durov arrested in France
Reports are trickling in via social media and mainstream news outlets, but so far, there hasn’t been any official confirmation.

Bitcoin holds above $106K as traders bite nails over the absence of Trump crypto executive order
Bitcoin price bounces back above $106,000 as the US Dollar Index cools and markets react positively to Trump’s pro-America agenda.

Why are memecoins down today?
Memecoins underperform the wider crypto market after double-digit weekly losses surpass the sell-off in BTC and ETH.

World’s Second Largest Bitcoin Miner Canaan Creative Releases BTC-Mining Television Set
Canaan Creative, the world’s second largest Bitcoin (BTC) mining hardware manufacturer, has launched what it claims is the “first ever” BTC mining television set, the South China Morning Post (SCMP) reported August 2. Dubbed “AvalonMiner Inside,” the appliance has a processing power of 2.8 trillion hashes per second, and is reportedly powered by artificial intelligence…

New Zealand Churches Deny Affiliation With Crypto Ponzi Scheme OneCoin
A New Zealand church accused of colluding with a cryptocurrency Ponzi scheme in targeting the congregation, has denied knowingly participating in illegal activity in a Facebook statement on May 2.The Samoan Independent Seventh Day Adventist Church (SISDAC) is one of two places of worship accused of having links to OneCoin, which raised hundreds of millions of dollars worldwide by…

Solana Ventures, Lightspeed Venture Partners and FTX launch $100M gaming fund
The intersection between blockchain technology, cryptocurrency and gaming is creating a new reality for gamers. 1414 Total views 5 Total shares Some of blockchain’s biggest venture firms have spearheaded a new investment fund dedicated to Web 3 gaming, also known as GameFi, potentially opening the door to a highly lucrative industry that sees cryptocurrency and…

Bitfinex ‘Chainswaps’ $5M Worth of USDT Onto EOS Protocol
Cryptocurrency exchange Bitfinex in conjunction with EOSFinex, its decentralized trading platform, have announced that they had successfully completed a “chainswap” to convert $5 million worth of Tether (USDT) stablecoins onto the EOS blockchain protocol.According to a press release shared with Cointelegraph on Oct. 5, this way the companies aim to “provide the EOS DApp ecosystem…

Indonesia’s central bank marshals staff to enforce crypto payments ban
Indonesia’s central bank is sending supervisors out to ensure local financial institutions aren’t defying the nationwide ban of crypto payments this bull season. 466 Total views 3 Total shares Indonesia’s central bank governor, Perry Warjiyo, is mobilizing official supervisors to enforce the country’s ban on financial institutions using crypto assets as a means of payment.During…