Revelations from an Interview with Tucker Carlson
Just weeks before his arrest, Telegram CEO Pavel Durov made headlines during an interview with Tucker Carlson. He revealed that U.S. security agencies, including the FBI, have shown significant interest in the operations of his messaging app. This comes amidst global concerns about privacy and surveillance in digital communications.
Attempts to Recruit Telegram Engineer
During the interview, Durov recounted an incident where U.S. agents attempted to covertly recruit a Telegram engineer. The agents sought insights into the app’s integrated open-source libraries and potentially aimed to influence the company to implement compromised tools for easier surveillance. Durov explained that these efforts were part of a broader attempt by U.S. authorities to gain access to Telegram’s robust encryption and privacy features, which have made it a popular choice for privacy-conscious users.
Personal Encounters with the FBI
Durov also shared his personal experiences with U.S. law enforcement, detailing encounters with FBI agents at airports during his visits to the United States. He described these interactions as attempts to pressure Telegram into compromising its security and privacy protocols. “Their goal was clear: to establish control over the app,” Durov stated, highlighting the persistent efforts by government agencies to monitor and potentially manipulate private communication platforms.
Global Implications
Durov’s arrest could have significant implications for the future of encrypted messaging services. If Telegram is found liable for facilitating criminal activities, it may set a precedent for how governments interact with tech companies that prioritize user privacy. This could lead to more stringent regulations and increased scrutiny of digital platforms globally.
As the situation unfolds, the tech world will be closely watching to see how Durov’s legal challenges may affect Telegram’s operations and the broader debate over privacy versus security in digital communications.
For more details on the interview, you can watch it on Tucker Carlson’s website or on YouTube.
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### 📰 OroCryptoTrends News 🐹

The price of the token **WUKONG** skyrocketed after Justin Sun updated his X profile to a picture from the RPG video game "Black Myth: Wukong."
#### 🐕 Elon Musk Teases DOGE Fans AgainElon Musk posted an AI-generated photo saying he’s “ready to serve” at what he called **DOGE** — Department of Government Efficiency. This follows Donald Trump's statement that he would consider making Musk an adviser if he becomes president in 2025.
#### 🇨🇳 China Classifies Crypto Transactions as Money LaunderingChina has introduced a new law that classifies crypto transactions as a method of money laundering, tightening its grip on the crypto market.
#### 💎 CryptoPunks' Most Expensive NFT SoldThe most expensive **CryptoPunk** NFT, originally acquired for 8,000 Ethereum (worth $23.7 million in 2022), was sold for an undisclosed amount.
The community speculates the sale price was significantly lower than $23 million.---Remember, #ororcryptotrends are power 💪! Follow and stay tuned for more
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#PowellAtJacksonHole #CryptoMarketMoves $BTC
$ETH

Next week is set to be an exciting one in the crypto world with several major token unlocks on the horizon. Here's a friendly breakdown of what to expect:

#### Aptos (APT) 🟢
- **Unlock Date:** August 12, 8:00 AM Beijing time
- **Amount:** 11.31 million tokens
- **Percentage of Circulating Supply:** 2.40%
- **Estimated Value:** $65 million

#### The Sandbox (SAND) 🟡
- **Unlock Date:** August 14, 4:00 PM Beijing time
- **Amount:** 205.6 million tokens
- **Percentage of Circulating Supply:** 9%
- **Estimated Value:** $54.5 million

#### Arbitrum (ARB) 🔵
- **Unlock Date:** August 16, 9:00 PM Beijing time
- **Amount:** 92.65 million tokens
- **Percentage of Circulating Supply:** 2.77%
- **Estimated Value:** $53.4 million

#### Starknet (STRK) 🟣
- **Unlock Date:** August 15, 8:00 AM Beijing time
- **Amount:** 64 million tokens
- **Percentage of Circulating Supply:** 3.95%
- **Estimated Value:** $24.5 million

#### ApeCoin (APE) 🐵
- **Unlock Date:** August 17, 8:00 AM Beijing time
- **Amount:** 15.6 million tokens
- **Percentage of Circulating Supply:** 2.31%
- **Estimated Value:** $9.6 million

#### CYBER 🖥️
- **Unlock Date:** August 14, 8:00 PM Beijing time
- **Amount:** 1.99 million tokens
- **Percentage of Circulating Supply:** 8.54%
- **Estimated Value:** $6 million

#### Ethena (ENA) 🌐
- **Unlock Date:** August 18, 3:00 PM Beijing time
- **Amount:** 14.89 million tokens
- **Percentage of Circulating Supply:** 0.82%
- **Estimated Value:** $4.6 million

#### Render (RENDER) 🎨
- **Unlock Date:** August 15, 8:00 AM Beijing time
- **Amount:** 760,000 tokens
- **Percentage of Circulating Supply:** 0.19%
- **Estimated Value:** $3.7 million

#### Astar (ASTR) ⭐
- **Unlock Date:** August 17, 8:00 AM Beijing time
- **Amount:** 9.72 million tokens
- **Percentage of Circulating Supply:** 0.14%
- **Estimated Value:** $570,000

#### Nym (NYM) 🕵️
- **Unlock Date:** August 16, 8:00 AM Beijing time
- **Amount:** 2.84 million tokens
- **Percentage of Circulating Supply:** 0.36%
- **Estimated Value:** $290,000

#### Euler (EUL) 📊
- **Unlock Date:** August 16, 5:57 AM Beijing time
- **Amount:** 47,400 tokens
- **Percentage of Circulating Supply:** 0.25%
- **Estimated Value:** $210,000

#### Forta (FORT) 🛡️
- **Unlock Date:** August 18, 8:00 AM Beijing time
- **Amount:** 50,000 tokens
- **Percentage of Circulating Supply:** 0.01%
- **Estimated Value:** $6,500

These token unlocks could significantly impact the market dynamics for each of these cryptocurrencies. Keep an eye on these dates if you're invested or interested in these tokens! 📈

SOURCE :beincrypto
#MarketSentimentToday

$STRK

**Ethereum Layer-2 Network Faces Challenges**

Since its token launch in February, Starknet (STRK) has faced significant challenges, with only 8% of holders currently in profit. Despite this, many holders are choosing to hold onto their tokens rather than sell.

**Starknet's Path to Recovery**

Recently, Starknet announced the successful launch of the Parallel Execution and Block Packing upgrade on its Testnet. This upgrade aims to reduce gas fees and achieve a two-second block confirmation time, with the Mainnet launch scheduled for August 28⁴.

**Increased Holder Activity**

Data from IntoTheBlock shows a rise in the number of addresses holding STRK over the past 30 and 365 days. This suggests that holders remain optimistic about the token's future potential, despite past controversies and challenges, such as dissatisfaction with the airdrop distribution and a decline in user engagement⁴.

**Network Activity on the Rise**

On-chain data reveals a significant increase in network activity. New addresses, representing participants completing their first transaction, have surged by 30.25% in the past week. Additionally, active addresses, which measure the number of senders and receivers, have also increased⁴.

**STRK Price Prediction: Eyeing Resistance Levels**

Currently trading at $0.39, STRK is one of the top gainers in the last 24 hours. The daily chart shows a descending triangle pattern, typically a bearish signal. However, STRK appears poised to break above this pattern, with the Money Flow Index (MFI) reading at 16.20, indicating it is oversold⁴.

If buying pressure increases, STRK could rally towards the overhead resistance at $0.62 in the short term. The successful Mainnet upgrade and high demand could push the price further to $0.94. Conversely, if confidence among holders drops, the price could fall to $0.34⁴.

SOURCE: beincrypto
#TONonBinance
#XRPVictory
#STRK
#OroCryptoTrends
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source of images is TradingView

**BitGo's Transition to a New Custody Model**

BitGo, a leading crypto custodial platform, is transitioning its Wrapped Bitcoin (WBTC) to a new multi-jurisdictional and multi-institutional custody model. This move, announced on August 9, includes a 60-day transition period and plans to expand custodial locations to Hong Kong and Singapore.

**Concerns Over Justin Sun's Involvement**

The involvement of Justin Sun, founder of the TRON blockchain, in this new custody model has sparked concerns within the crypto community. Prominent DeFi platform MakerDAO is assessing the potential risks associated with BitGo’s new strategy. They are considering a proposal to reduce all active WBTC debts on their network to zero, fearing that Sun might gain significant influence over WBTC.

**Past Issues and Community Reactions**

The proposal from MakerDAO references past issues with Sun’s involvement in other crypto projects, such as TUSD and Huobi’s USDT reserves, which faced operational and transparency problems. The broader crypto community shares these concerns, with some stakeholders worried that Sun could exploit his influence to mint excessive WBTC or manipulate Proof-of-Reserve data.

**BitGo's Assurance and Sun's Clarification**

BitGo CEO Mike Belshe has addressed these concerns, asserting that the platform’s security architecture prevents any form of manipulation. He emphasized that BitGo will not authorize any minting without a corresponding BTC deposit and urged the community to conduct thorough due diligence. Belshe also clarified that while Sun is involved in the project, he lacks the authority to move funds. The WBTC website will continue to provide near real-time proof of reserves.

Justin Sun has also clarified his role, stating that his involvement is purely strategic. He assured that he does not control the private keys to the WBTC reserves and cannot access the BTC reserves. Sun emphasized that his involvement aims to bolster decentralization, security protocols, and safety, reinforcing the critical role of WBTC in the DeFi ecosystem¹²³.

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SOURCE : beincrypto
#TONonBinance
#XRPVictory
#write2earn
#BTC #OroCryptoTrends

#BlackRockETHOptions
In a notable development, BlackRock, one of the world’s largest asset managers and ETF issuers, has teamed up with the Nasdaq Stock Market to introduce options for its Ethereum ETF, recently approved by US regulators.

### 2025 Decision On Ethereum ETF Options Proposal 📅

BlackRock has filed a proposal with the US Securities and Exchange Commission (SEC) to amend Options 4, Section 3, allowing for options trading on the iShares Ethereum ETF Trust. If approved, these options will follow the Exchange’s existing rules for ETF options trading, covering aspects like listing criteria, expirations, exercise prices, margin requirements, and trading halt procedures.

### Regulatory Approval Needed 🏛️

Bloomberg ETF expert James Seyffart noted that the introduction of options on BlackRock’s Ethereum ETF requires regulatory approval from not only the SEC but also the Options Clearing Corporation (OCC) and the Commodity Futures Trading Commission (CFTC). Seyffart expects a final decision from the SEC around April 9, 2025¹.

### Key Levels To Watch For ETH’s Price 📈

If approved, this development would give investors further exposure to Ethereum, the second-largest cryptocurrency. However, ETH needs bullish catalysts to break out of its current downtrend. On Monday, ETH retraced over 20% due to global economic uncertainties and increased selling pressure.

Currently, ETH is trading at $2,488, up 1.8% over the past 24 hours, after hitting a low of $2,112 on Monday, a level not seen since January 2023².

### Price Recovery Insights 💡

Crypto analyst Trading Tank mentioned on social media that as long as ETH stays above $2,400, further price recovery is possible. He also highlighted the $2,575 level as crucial for another leg higher, aiming to test the first resistance at $2,690 on the ETH/USDT daily chart. If ETH breaches this barrier, the next hurdle to watch is the $2,910 resistance level, which is key to reclaiming the $3,000 milestone².
#RoninBridgeAlert
# #orocryptotrends #write2earn
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