Telegram issues official statement on Pavel Durov detention
The Telegram team said, “Telegram’s CEO Pavel Durov has nothing to hide and travels frequently in Europe.”
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New regulators are set to define Europe's crypto policies
The European Parliament is set to establish a new European Commission, and it will determine the next five years of crypto policy for the European Union.

DeFi protocol 1inch closes $12M funding round led by Pantera Capital
Funding will be used to expand 1inch's presence in Asia and build new products. 665 Total views 3 Total shares The team behind the 1inch protocol, which combines an automated market maker protocol and an aggregator for other DEXs, announced on Wednesday a successful Series A round for $12 million.Pantera Capital, a major venture fund…

Coinbase Index Fund Reduces Annual Fee to ‘Attract Institutional Investors’
Cryptocurrency exchange and wallet service provider Coinbase has announced updates to its Index Fund in a blog post published today, August 13. The U.S.-based platform stated that it will reduce its Index Fund’s annual management fee “for all new and existing investors” from 2 to 1 percent, explaining: “We’re reducing our fee in order to…

Judge won’t block Coinbase from delisting wBTC over Justin Sun claims
Coinbase will likely be able to move forward with its intention to suspend wBTC trading on Dec. 19 after a challenge in federal court.

Bitcoin set to replace gold, says Bloomberg strategist on Bretton Woods 50th anniversary
Bitcoin (BTC) is replacing gold even as United States’ regulators attempt to disrupt its advance, said Mike McGlone of Bloomberg Intelligence on Aug. 16.The senior commodity market strategist credited the "digitization of money and finance" behind the Bitcoin market's superior growth against gold, noting that the same factors helped the U.S. dollar gain dominance "rapidly…

Belgium’s Financial Watchdog Adds 28 Sites to Crypto Scam Blacklist
Belgium’s Financial Services and Markets Authority (FSMA) has added 28 new sites to its crypto-related fraud blacklist, as it reiterates its warnings to consumers in a fresh alert posted today, September 4.The FSMA has said that despite its prior risk alerts, the agency continues to receive complaints from consumers swindled by fraudsters capitalizing on the…

Netflix announces new series on Bitfinex hack involving 120,000 Bitcoin
The Netflix documentary will be about a New York-based couple and their link to laundering nearly 120,000 BTC tied to the crime. 198 Total views 25 Total shares Streaming and production giant Netflix will soon produce a documentary series on the infamous Bitfinex hack — one of the biggest financial crimes from 2016 stealing 119,756…

Former Jane Street, PIMCO traders raise $15M for ZK proof-of-solvency protocol
A team of former Jane Street and PIMCO traders have raised $15 million to produce a proof-of-solvency protocol for centralized exchanges, stablecoin issuers and other asset managers in the crypto space, according to a press release from the team shown to Cointelegraph. Called “Proven,” the new protocol allegedly uses zero-knowledge proofs to reveal an institution’s…