🚨 Telegram at Risk: Apple May Remove App Over CEO Allegations 🚨

Author

CoinGape Media
August 26, 2024

News

Telegram app removal from Apple hoax again circulating after CEO Pavel Durov was arrested, with Toncoin and celebrities call for his release.

After the French police detained Telegram co-founder and chief executive officer (CEO) Pavel Durov in Paris, an old hoax of Apple removing the popular private messaging app has taken over social media platforms again. In response, the company has cleared the air that the platform abides by all EU laws and slams entities allegations including abuse of the platform by Durov are false.

Meanwhile, Toncoin (TON) price fell more than 20% after the arrest of CEO Durov. TON has slightly rebounded and currently trades at $5.64.

Prominent leaders, including Elon Musk, backed Telegram CEO Pavel Durov after his arrest in France, sparking the #FREEDUROV campaign.

The recent arrest of Telegram CEO Pavel Durov in France has ignited a firestorm of controversy and public outrage. Numerous tech industry leaders, celebrities, and prominent figures like Elon Musk and Andrew Tate came forward to demand his release. Moreover, political figures like Robert F. Kennedy Jr, who recently gave up his presidential run to support Donald Trump, also joined the fray.

Binance lists Eurite (EURI), a MiCA-regulated EURO stablecoin, with zero trading fees starting August 28, 2024.

Binance has announced the upcoming listing of Eurite (EURI), a new MiCA-regulated EURO stablecoin, and is introducing an enticing zero trading fee promotion to mark the occasion. Starting from August 28, 2024, at 10:00 UTC, users will be able to trade EURI with zero fees.

Markets

BTC slips below $64K despite remarkable weekly inflows in the spot ETFs. Fetch AI and LUNA surf along the top gainers.

The crypto prices today have showcased mixed price actions, with major coins trading in both positive and negative territories. Bitcoin (BTC) price holds above the $64,000 mark, whereas Ethereum (ETH) traded near $2,800. Artificial Superintelligence Alliance (FET) and Terra (LUNA) emerged among the day’s top gainers, rallying nearly 7% and 12%, respectively.

However, the global crypto market cap slipped 0.40% to $2.25 trillion today. Further, the total crypto market volume plunged 13.08% over the past day to $51.48 billion.

Here’s a brief collection of some of the leading cryptocurrencies by market cap and their price movements today, August 26.

Experts share key factors signaling a Bitcoin price rally in October after weeks of consolidation as there is lower risk of full retrace.

Following US Federal Reserve Chair Jerome Powell’s indication of rate cuts in September, Bitcoin price made strong advancements to break past its supply zone of $59,000-$62,000. Analysts are expecting a further rally to $70,000 and consequently a new all-time high ahead. However, experts anticipate a few weeks of consolidation for BTC before moving towards an all-time high.

A savvy trader in the TON ecosystem secured $652K in profit by trading meme tokens, despite Telegram CEO Pavel Durov's arrest controversy.

A crypto trader who capitalizes on TON ecosystem meme tokens has registered a massive profit despite Telegram CEO Pavel Durov’s arrest. The smart trader recently made a 12x profit by selling Resistance Dog (REDO) within the TON network. Following the rebranding of TON Blockchain’s logo to the REDO token logo, its price skyrocketed by approximately 200%.