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.”
The Telegram team said, “Telegram’s CEO Pavel Durov has nothing to hide and travels frequently in Europe.”
It remains unclear if Durov has been officially arrested or charged.
Illegal Bitcoin mining has been a growing problem in Southeast Asia, with operators exploiting the region’s relatively low electricity costs
While the government’s concerns are valid, industry stakeholders agree that a more measured approach could yield better outcomes.
Telegram founder Pavel Durov was arrested in France on Aug. 24. Here’s what we know so far and how prominent figures have reacted.
The objections raised by the US trustee and the creditor group are likely to play a significant role in the court’s deliberations.
According to Odaily, European Central Bank (ECB) Governing Council member Robert Holzmann has stated that a rate cut in September is not a certainty. Holzmann emphasized that he does not wish to see an early rate cut. He noted that if the Federal Reserve were to reduce rates, it would make it easier for the ECB to follow suit. Holzmann also mentioned that the battle against inflation has largely been won.
According to Odaily, the Governor of the Bank of Thailand has announced that the list of approved virtual banks will be released in 2025. The central bank is also prepared to adjust its monetary policy based on changing circumstances.
According to Odaily, Grayscale's official data reveals that the Grayscale Bitcoin Mini Trust has surpassed $2 billion in assets under management (AUM), reaching $2,031,244,957.38. The trust currently has 359,630,100 shares in circulation and holds a total of 31,894.3102 BTC.Additionally, as of August 23, the Grayscale Bitcoin Trust (GBTC) has an AUM of $14,539,594,686.38. The GBTC has 286,290,100 shares in circulation and holds a total of 228,298.5815 BTC.
According to Odaily, Federal Reserve Chairman Jerome Powell emphasized the significance of U.S. employment data in his speech at the Jackson Hole conference, particularly in relation to the upcoming monetary easing cycle. Stephen Stanley from Santander Bank noted in a report that this underscores the importance of the August employment data, which is set to be released on September 6.Stanley pointed out that after the unexpectedly sluggish job growth in July, a similar trend in August would not be entirely surprising. More broadly, Powell and other Federal Reserve officials have recently expressed concerns about the cooling conditions in the labor market. Therefore, stronger employment data for August could potentially dispel the notion of a 50 basis point rate cut next month. Stanley believes that the employment report may be more critical than the core CPI data for August.