The American business magazine Forbes is Web3-ifying its exclusive membership offerings with a new partnership with the OKX Wallet that fast-tracks user applications to its digital community. At the center of this collaboration is the Forbes Legacy Pass non-fungible token (NFT), a digital collectible that opens up a token-gated, members-only world for major players, stakeholders and […]
Security News
US lawmaker reports AERO, GRT and VELO investments in 2024
Mike Collins, who has represented Georgia’s 10th Congressional District in the United States House of Representatives since 2023, disclosed three altcoin investments while in Congress. In financial disclosure reports filed with the House of Representatives from July to August, Representative Collins revealed purchases of up to $15,000 in Velodrome (VELO), up to $15,000 in The Graph, […]
Telegram CEO Durov visited Russia repeatedly since 2014: Report
Pavel Durov, co-founder and CEO of Telegram, reportedly entered Russia more than 50 times between 2015 and 2021, according to an Aug. 27 report by Important Stories, an independent Russian-language news outlet. The report cites data on Durov’s movements leaked from the Federal Security Service of Russia (FSB), Russia’s principal intelligence agency. Cointelegraph has not […]
India mulls cross-border CBDC interoperability system
The Reserve Bank of India (RBI), the country’s central bank, has suggested developing a plug-and-play system for cross-border payments to improve interoperability among countries. With the emergence of fast payment systems across countries and experimentation around central bank digital currencies (CBDC), new possibilities have emerged that could bring greater efficiency to cross-border payments. At a […]
Maker DeFi lending protocol rebrands to Sky ahead of USDS stablecoin launch
Maker protocol has officially rebranded to Sky and unveiled the name of its upgraded stablecoin and native governance token in an effort to make decentralized finance (DeFi) accessible to the masses. As part of its rebranding efforts, Maker, the longest-standing DeFi lending protocol, has rebranded the world’s largest decentralized stablecoin, Dai, into USDS. The protocol […]
CoinDCX’s Okto wallet secures operational license in UAE free zone
Okto, the self-custodial wallet of the Indian crypto exchange CoinDCX, officially received its license from the Ras Al Khaimah Digital Assets Oasis (RAK DAO) in the United Arab Emirates. On Aug. 27, Okto announced that it secured an operational license from RAK DAO. This allows the Web3 wallet to legally operate in the UAE. The […]
Binance under scrutiny for seizing Palestinian crypto funds
Major global cryptocurrency exchange Binance seized cryptocurrency from Palestinians as per request from Israel, according to sources from a prominent industry executive. Ray Youssef, co-founder of the peer-to-peer (P2P) crypto platform Paxful and CEO at Noones P2P platform, took to X on Aug. 26 to report that Binance confiscated funds from Palestinians upon the Israel […]
Rumble boss ‘departed’ from Europe after Telegram CEO arrest
The founder and CEO of Rumble — a YouTube alternative billing itself as “immune to cancel culture” — said he has “departed” from Europe after Pavel Durov, the CEO of encrypted messaging app Telegram, was arrested. “I’ve just safely departed from Europe,” Chris Pavlovski, a Canadian national, posted on X on Sunday, Aug. 25. He claimed France […]
French authorities to issue statement on Pavel Durov’s detention
Update 7:15 am UTC: Added info about the extension of the detention period of Telegram CEO Pavel Durov in France. French authorities have extended the detention of Telegram CEO Pavel Durov following his arrest in Paris over alleged offenses related to the Telegram messaging app in Europe. The magistrate investigating Durov’s case in France extended […]
Telegram issues official statement on Pavel Durov detention
The Telegram messaging platform has issued what appears to be its first official statement concerning the detention of its CEO, Pavel Durov. Durov’s status remains unclear, as French authorities have reportedly refused to cooperate with the Russian embassy so far. As Cointelegraph previously reported, authorities in Paris are scheduled to give an official statement on Monday, Aug. […]