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Crypto Weekly Roundup: Telegram CEO Breaks Silence, EigenLayer Announces Stakedrop, & More

Crypto Weekly Roundup: Telegram CEO Breaks Silence, EigenLayer Announces Stakedrop, & More

Table of Contents

  1. Bitcoin
  2. Altcoins
  3. Business
  4. Web3
  5. Security
  6. Regulation

The week saw several key developments in crypto such as EigenLayer's Season 2 stakedrop of 86 million tokens and Polkadot's participation in Token 2049 in Singapore. Bitcoin continues to struggle below $57,000, while Telegram CEO Pavel Durov addressed his recent arrest amid increasing regulatory focus. Additionally, the FBI warns of North Korean cyber threats targeting Bitcoin ETFs and digital assets. Let’s find out more. 

Bitcoin

Bitcoin ($BTC) continues struggling, languishing under $57,000 once again. It seems that even the institutions are starting to feel the pain as another 4.87K $BTC was sold out of the Spot Bitcoin ETFs on Tuesday. 

Altcoins

September offers a fresh opportunity to explore coins that show signs of doubling investments. Dive into the analysis to discover which of these five digital assets might surge this month, setting the stage for lucrative returns.

Polkadot announces its participation in the Token 2049 event in Singapore, where it will showcase the latest technological advancements and developments in the Polkadot ecosystem. 

The Season 2 stakedrop of decentralized ETH re-staking protocol, EigenLayer, will distribute 86 million EIGEN tokens to stakers, operators, ecosystem partners, and community members.

Betting at the best offshore sportsbooks offers advantages like better odds, broader game selections, and more generous promotions than many onshore alternatives. As experts and enthusiasts in sports betting, we've scoured the industry to bring you the top contenders.

To commemorate the tenth anniversary of the community-driven Dogecoin (Doge), Doge2014 is planning the most exciting and extraordinary free token airdrop of all time

Discover hidden gems in the crypto world that can weather market storms with these five standout altcoins poised for significant gains even when the market takes a dive.

As Ethereum's popularity soars, more online casinos are adopting this powerful cryptocurrency, offering unique advantages that traditional payment methods can't match. In this article, we’ll explore the best Ethereum casinos available today. 

Shiba Inu ($SHIB) has welcomed a new best friend, Husky Inu ($HINU), which recently launched its presale and has been receiving spectacular feedback. 

As September unfolds, the memecoin market shows signs of unpredictability, sparking debates about whether they will experience a surge or face a sharp decline. 

No KYC casinos offer a seamless and private gaming experience, allowing you to jump straight into the action without the hassle of tedious verificationn processes. 

Rexas Finance (RXS) will begin the highly anticipated presale of its utility token, launching a revolutionary platform that aims to solve the pressing challenges surrounding the tokenization of real-world assets (RWA). 

The two most popular strategies to make a return in the DeFi space have been staking and yield farming. Let’s look at the differences between them to understand the best strategy to meet investment goals.

Polkadot had yet another tumultuous week. $DOT dropped below its critical support on Friday after the price dropped to $3.82. Since reaching its low, $DOT climbed back above $4. Can the price, however, manage to hold its position? 

Business

Mastercard has launched a crypto debit card that will allow users to spend their Bitcoin directly from self-custodial wallets without the involvement of third-party intermediaries. 

Web3

Sonic SVM, the Solana-based blockchain gaming-focused Layer-2 infrastructure company, has announced the imminent launch of its long-awaited HyperFuse Node sale. 

Magic Launchpad, the token launch service developed by Magic Square, has unveiled a host of novel features, such as Turbo Charge, a Dual Round System with FCFS and Pro-Rata Rounds, and OTC Pre-Market Allocations. 

Privacy-focused L2 COTI has announced a partnership with intent-based privacy perpetuals DEX PriveX to enhance the trading of perpetual swaps markets while allowing users to mask sensitive financial information.

The financial data modeling platform Truflation has launched a new data dashboard that primarily tracks RWA data and Bitcoin and provides up-to-date prices on a number of traditional assets. 

L1 relational blockchain Chromia has announced its updated roadmap, which will include the launch of its native staking capabilities, upgrades bridge functionalities, and, more importantly, the mainnet launch of Filehub, a decentralized file storage service.

Security

The FBI has warned US cryptocurrency and DeFi firms about sophisticated North Korean cyber threats targeting Bitcoin ETFs and digital assets. 

Regulation

Telegram CEO Pavel Durov has broken his silence and penned a Telegram post addressing the allegations brought against him by the French authorities following his arrest last month. 

Qatar has officially launched a comprehensive regulatory framework for digital assets within its Qatar Financial Centre (QFC), aiming to foster innovation, ensure market integrity, and attract both domestic and international players.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice. 

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