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JUST IN: 🇺🇸 SEC issues Wells Notice to NFT platform OpenSea, threatening to sue, citing NFTs on the platform are securities.

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Telegram vs France Timeline:

2017: French reportedly spied on Pavel Durov.

2018: French President Macron had lunch with Durov, proposing to set up TG's office in Paris.

2021: Durov mysteriously obtains French citizenship.

2024: Durov is arrested upon arrival at a French airport, despite claiming he was expected to dine with Macron.

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Telegram Pavel Durov was released from police custody on Wednesday by a magistrate after he appeared before a Paris court to answer charges brought against him by the French authorities.

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JUST IN: Tron founder Justin Sun proposes a DAO to help free Telegram CEO Pavel Durov after his arrest and says he will donate $1,000,000.

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Bitcoin explained in 23 seconds

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https://x.com/elonmusk/status/1827484648454418881?s=46

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BREAKING: 🟠 Telegram founder Pavel Durov, who holds hundreds of millions in #Bitcoin, has been arrested for refusing to censor content on his platform.

Free speech is under attack❗️

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NEW: 🇺🇸 Giant Bitcoin advertisement spotted in front of Caesars Palace, Las Vegas 👀

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Weekly DEX trading volumes of the top 5 chains have grown from ~$20B at the start of the year, to over $40B today — link

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Binance hiring 1,000 as compliance spending tops $200 million — link | tl;dr

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Former FTX exec Ryan Salame seeks to void guilty plea, says feds reneged on deal to end probe of his partner — link | tl;dr

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JUST IN: 🇺🇸 Kamala Harris to back measures to help grow the digital assets industry, Bloomberg reports.

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JUST IN: 🟠 Bitcoin miner Vortex Brands acquires MicroStrategy stock as a strategic asset 🙌

"The initial purchase of 10 shares of $MSTR is just the beginning, with the company planning to add at least that many shares monthly and report holdings quarterly."

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The French government had previously hacked Durov's phone, invited him to move Telegram to Paris, and discussed citizenship with him in 2017-2018: WSJ

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Bitcoin was 40 years of work.

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BREAKING: 🟠 Telegram founder Pavel Durov, who holds hundreds of millions in #Bitcoin, has been arrested for refusing to censor content on his platform.

Free speech is under attack❗️

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https://x.com/marionawfal/status/1827482383706419604?s=46

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NEW: 🇲🇾 Malaysian authorities are destroying #Bitcoin mining rigs as part of a wider crackdown on operations illegally siphoning electricity from the national grid. Police officials from the Perak District recently destroyed 985 mining rigs valued at RM1.98 million ($452,500)❗️

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NEW: 🇸🇻 Arkham Intelligence reports that the wallet that is attributed to the El Salvador government, now holds 5,851 Bitcoin, valued at roughly $356.4 million 🔥

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NEW: 🟠 BitWise CIO predicts #Bitcoin could hit $100K-$200K or even higher, saying there is "too much demand and not enough supply." 👀

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NEW: 🇺🇸 US Money Supply has almost tripled since 2010❗️

Opt out with #Bitcoin ✊

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Binance plans hiring spree of 1,000 new employees this year: BBG

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JUST IN: 🇩🇪 German authorities seize 13 Bitcoin ATMs and nearly €25 million in cash in a crackdown on operators allegedly violating KYC/AML laws❗️

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Updated 2Q24 13-F filings for US spot Bitcoin ETFs revealed a rise in institutional inflows – particularly from the "investment advisor" category — link

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“#Bitcoin is neutral & these other cryptocurrencies are not. They have insiders, whether it's founders, boards, companies… Bitcoin is a neutral internet money & these other projects aren't."

- Bradley Rettler

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