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What’s Going on With Telegram?

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Fri, Sep 6, 2024 11:32 AM

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Explore the latest industry news, insightful data, and exciting updates from CoinMarketCap. ͏ ?

Explore the latest industry news, insightful data, and exciting updates from CoinMarketCap. ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌       [CoinMarketCap Logo](~/AAQRxQA~/RgRovW08P0QraHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS8_bGlkPWlpam92MGtqcHl2clcDc3BjQgpmzzzo2mZu5A5OUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) Data as of: 06 Sep 2024 11:30 UTC TGIF - but not for TG While most of us are ready to kick off the weekend, Telegram's probably wishing it could fast-forward to next year. It's been a rough week for the messaging giant, to put it mildly. One day you're running one of the world's biggest communication platforms, and suddenly you're dealing with arrested founders and international investigations. Telegram's found itself in a perfect storm of controversy. First, there's the founder getting cuffed in France. Then South Korea decides it's time to take a closer look at what's going on behind those encrypted chats. And let's not forget about TON. When your parent is in hot water, you can bet there'll be some splash damage. The price has been on a wild ride, and not the fun kind. But there have been some positive developments on that front… So, let’s discuss these events in detail and all the other big stories that happened in crypto in the past 24 hours. Here is a quick rundown of the top headlines we're gonna cover: - Bitcoin might take a dip to $50K before rocketing off. But [why](~/AAQRxQA~/RgRovW08P0SLaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvYXJ0aHVyLWhheWVzLXByZWRpY3RzLXNob3J0LXRlcm0tYml0Y29pbi1kaXAtdG8tZG9sbGFyNTBrLWJlZm9yZS1wb3RlbnRpYWwtcmFsbHk_bGlkPWpocmprM2owMXExNlcDc3BjQgpmzzzo2mZu5A5OUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~)? 😐 - Telegram's founder breaks his silence after the French fiasco. What [did](~/AAQRxQA~/RgRovW08P0R9aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvdGVsZWdyYW0tY2VvLXBhdmVsLWR1cm92LW1ha2VzLWZpcnN0LXB1YmxpYy1zdGF0ZW1lbnQtc2luY2UtYXJyZXN0P2xpZD1nNHd1ZDE5eDZjOWFXA3NwY0IKZs886NpmbuQOTlIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc)he say? Is the app finally out of trouble? 🤔 - HNT's soaring while others are snoring. But [what’s causing](~/AAQRxQA~/RgRovW08P0R6aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvaGVsaXVtcy1obnQtdG9rZW4tZ2FpbnMtMThwZXJjZW50LWJ1Y2tpbmctd2lkZXItbWFya2V0LWRvd250dXJuP2xpZD05d2x0bm53ZDlkanNXA3NwY0IKZs886NpmbuQOTlIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) the revival of this app? 🤯 - Catizen sets a date for its token launch. Can you still [score](~/AAQRxQA~/RgRovW08P0R6aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvcG9wdWxhci10ZWxlZ3JhbS1nYW1lLWNhdGl6ZW4tdG9rZW4tbGF1bmNoLXNldC1mb3Itc2VwdGVtYmVyLTIwP2xpZD1xczV5bDRqYm9xN2RXA3NwY0IKZs886NpmbuQOTlIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) some free airdrop tokens? 🥹 - Dogwifhat futures are heating up. [What’s](~/AAQRxQA~/RgRovW08P0SHaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvZG9nd2lmaGF0LWZ1dHVyZXMtb3Blbi1pbnRlcmVzdC1zdXJnZXMtMTZwZXJjZW50LWFzLXJldmVyc2FsLXBhdHRlcm4tZW1lcmdlcz9saWQ9azI2dDkwM2IwaXFuVwNzcGNCCmbPPOjaZm7kDk5SG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) giving traders this hope in the token? 🤨 - UK's crypto crackdown leaves firms in the cold. [Who](~/AAQRxQA~/RgRovW08P0R4aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvdWtzLWZjYS1yZWplY3RlZC1uZWFybHktOTBwZXJjZW50LW9mLWNyeXB0by1maXJtLWFwcGxpY2F0aW9ucz9saWQ9YTIzbGdyYWRqcWRyVwNzcGNCCmbPPOjaZm7kDk5SG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) made the cut, and who's out in the rain? 🇬🇧 Let’s dive in after the market overview! MARKET OVERVIEW GLOBAL MARKET CAP $1.97T ▼0.92% (24h) 24H MARKET VOLUME $64.97B ▲2.71% (24h) BITCOIN’S DOMINANCE 56.14% ▼0.12% (24h) FEAR & GREED INDEX 30 Fear [Bitcoin] Bitcoin $56,095.99 ▼1.13% (24h) [Ethereum] Ethereum $2,369.91 ▼0.84% (24h) [BNB] BNB $503.95 ▼0.05% (24h) [ALL CRYPTO PRICES/DATA »](~/AAQRxQA~/RgRovW08P0QraHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS8_bGlkPWkycHgxMG01cnkzZVcDc3BjQgpmzzzo2mZu5A5OUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) [TRENDING CRYPTO »](~/AAQRxQA~/RgRovW08P0RFaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS90cmVuZGluZy1jcnlwdG9jdXJyZW5jaWVzLz9saWQ9MDVoZzdzYXQ3Y2poVwNzcGNCCmbPPOjaZm7kDk5SG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) [NEW LISTINGS ON CMC »](~/AAQRxQA~/RgRovW08P0QvaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9uZXcvP2xpZD1mdGZudXN4M3gyMThXA3NwY0IKZs886NpmbuQOTlIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) [TRENDING DEX PAIRS »](~/AAQRxQA~/RgRovW08P0RAaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9kZXhzY2FuL3RyZW5kaW5nL2FsbC8_bGlkPTE3dHFjYXFsMXlqMVcDc3BjQgpmzzzo2mZu5A5OUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) TOP GAINERS 24H% [White Yorkshire] [White Yorkshire](~/AAQRxQA~/RgRovW08P0Q1aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL3doaXRlLXlvcmtzaGlyZS9XA3NwY0IKZs886NpmbuQOTlIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) ▲4557.08% [CATX] [CATX](~/AAQRxQA~/RgRovW08P0QqaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL2NhdHgvVwNzcGNCCmbPPOjaZm7kDk5SG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) ▲1753.63% [TOAD] [TOAD](~/AAQRxQA~/RgRovW08P0QwaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL3RvYWQtdG9rZW4vVwNzcGNCCmbPPOjaZm7kDk5SG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) ▲1641.89% TOP LOSERS 24H% [Router Protocol] [Router Protocol](~/AAQRxQA~/RgRovW08P0Q1aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL3JvdXRlci1wcm90b2NvbC9XA3NwY0IKZs886NpmbuQOTlIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) ▼95.44% [Alman] [Alman](~/AAQRxQA~/RgRovW08P0QraHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL2FsbWFuL1cDc3BjQgpmzzzo2mZu5A5OUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) ▼95.09% [sonic] [sonic](~/AAQRxQA~/RgRovW08P0QwaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL3NvbmljLWNvaW4vVwNzcGNCCmbPPOjaZm7kDk5SG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) ▼93.01%   Telegram's Durov Breaks Silence Pavel Durov, Telegram's embattled CEO, has finally spoken out following his arrest in France. In a statement on his Telegram channel, Durov challenges the narrative surrounding his company's practices and the events leading to his detention. Durov dismantles claims of Telegram's unresponsiveness, revealing an official EU representative ready to field law enforcement requests. He points out that finding Telegram's contact information is as straightforward as a simple Google search. The CEO tackles accusations of Telegram being a "criminal haven" head-on. "We take down millions of harmful posts and channels every day," Durov asserts, while acknowledging the challenges posed by the platform's explosive growth to 950 million users. If that’s the case, why multiple countries rushed to ban Telegram? Read the [full story](~/AAQRxQA~/RgRovW08P0R9aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvdGVsZWdyYW0tY2VvLXBhdmVsLWR1cm92LW1ha2VzLWZpcnN0LXB1YmxpYy1zdGF0ZW1lbnQtc2luY2UtYXJyZXN0P2xpZD1pZ2x2YjI5dW0zZTBXA3NwY0IKZs886NpmbuQOTlIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc)!   And the Reason Why HNT Is Soaring… Helium's HNT token surged 18% in a week while the rest of the crypto market gasped for air. Since July 10, HNT has rocketed 176%, crowning itself the top performer among the crypto elite. Meanwhile, Bitcoin is experiencing a 3.65% weekly loss, and the total crypto market cap is shrinking like a wool sweater in hot water. So what's fueling Helium's ascent? Helium Mobile just hit the 100,000 subscriber mark, with numbers still climbing. The global hotspot networks exploded from 11 in September 2023 to 18,355 today. The U.S. and Western Europe are lighting up like Christmas trees, with Latin America and Asia joining the festivities. But what’s causing the revival of this app? Read the [full story](~/AAQRxQA~/RgRovW08P0R6aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvaGVsaXVtcy1obnQtdG9rZW4tZ2FpbnMtMThwZXJjZW50LWJ1Y2tpbmctd2lkZXItbWFya2V0LWRvd250dXJuP2xpZD1jZXgzNGc3NTkyY2pXA3NwY0IKZs886NpmbuQOTlIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc)!   Catizen's Here! Catizen, the Telegram game that's had crypto users purring with anticipation, has finally set a date for its token launch. Mark your calendars for September 20, when the CATI token will claw its way onto TON. Bybit's just announced it will list CATI for spot trading. Catizen's been dangling the carrot of an airdrop, promising in-game rewards to dedicated players. Now, with a mysterious event teased for September 21, speculation's running wild. So what are the expectations? Can you still score some free airdrop tokens? Read the [full story](~/AAQRxQA~/RgRovW08P0R6aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvcG9wdWxhci10ZWxlZ3JhbS1nYW1lLWNhdGl6ZW4tdG9rZW4tbGF1bmNoLXNldC1mb3Itc2VwdGVtYmVyLTIwP2xpZD15ZmF0OHNzeG82OWlXA3NwY0IKZs886NpmbuQOTlIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc)!   CMC NARRATIVE: RWA While the broader RWA sector struggles, Mantra (OM) and XDC Network have stayed in the green over the past week, showing resilience amid market losses. Chainlink dominates RWA development, with over 500 developer events in the last month, outpacing projects like Synthetix and Centrifuge. [CMC NARRATIVE: RWA](~/AAQRxQA~/RgRovW08P0R9aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvd2Vlay1pbi1yd2EtaW50ZXJlc3Qtc2xvd3Mtd2hpbGUtaW50ZXJlc3QtYmVhcmluZy1zdGFibGVjb2lucy1ncm93P2xpZD1zenR2dzBlNmthbHFXA3NwY0IKZs886NpmbuQOTlIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) With more assets like fine art and carbon credits set to be tokenized, and improving macro conditions, the RWA industry is on track for rapid expansion and adoption...[continue reading.](~/AAQRxQA~/RgRovW08P0R9aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvd2Vlay1pbi1yd2EtaW50ZXJlc3Qtc2xvd3Mtd2hpbGUtaW50ZXJlc3QtYmVhcmluZy1zdGFibGVjb2lucy1ncm93P2xpZD1hMmFrcm44emh6OTBXA3NwY0IKZs886NpmbuQOTlIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc)   Track the larger RWA narrative on CMC: [Track Narrative](~/AAQRxQA~/RgRovW08P0RBaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS92aWV3L3JlYWwtd29ybGQtYXNzZXRzP2xpZD1scGVhbDcyaWZzdTJXA3NwY0IKZs886NpmbuQOTlIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc)   Traders Are Betting Big on This Meme Coin’s Comeback Dogwifhat, the Solana-based meme coin sensation, is making waves again. Futures traders are piling in, driving open interest up a staggering 16% to $231.48 million since August 31. WIF's price has been on a downward spiral, dropping 17% since August 25 and crawling below $1.90 for ten days straight. It's currently trading at $1.57. So why the sudden surge in futures interest? Crypto traders have spotted a potential reversal pattern. Some are even predicting a bounce back to $2.40, a level not seen since late July. Analyst Bluntz is calling it a "perfect channel retest," warning that "nobody is ready for the V reversal that's about to happen." So how successful has this pattern been in history? Read the [full story](~/AAQRxQA~/RgRovW08P0SHaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvZG9nd2lmaGF0LWZ1dHVyZXMtb3Blbi1pbnRlcmVzdC1zdXJnZXMtMTZwZXJjZW50LWFzLXJldmVyc2FsLXBhdHRlcm4tZW1lcmdlcz9saWQ9bXJqYXZnMmtpa3c5VwNzcGNCCmbPPOjaZm7kDk5SG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~)!   UK's Crypto Crackdown The UK's FCA has just announced that nearly 90% of crypto firms seeking registration in the past year couldn't make the cut. Out of 35 hopefuls, only four managed to pass the FCA's rigorous standards. Fifteen threw in the towel, while nine faced outright rejection. The main culprit? Inadequate defenses against money laundering and fraud. So who exactly managed to pass FCA’s test? Read the [full story](~/AAQRxQA~/RgRovW08P0R4aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvdWtzLWZjYS1yZWplY3RlZC1uZWFybHktOTBwZXJjZW50LW9mLWNyeXB0by1maXJtLWFwcGxpY2F0aW9ucz9saWQ9eTU5NHk1ZmkyOTc4VwNzcGNCCmbPPOjaZm7kDk5SG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~)!   And that's it for today. 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