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Telegram CEO Arrested in France & Polygon Regains Control of Discord After Hack!

M6 Labs Alpha Bytes 🚨 August 26th

GM anon ☕🐺

In Today’s Alpha Bytes👇

Telegram founder and CEO Pavel Durov was arrested in France. Meanwhile, TON blockchain affirms support for the detained Telegram CEO as price plunges 12% and Toncoin open interest surges 32%. Polygon regains control of its Discord after hack, scam link scare. Harris and Trump return to a 50-50 standoff on Polymarket.

BTC $60,814 (+1.87%), ETH $2,625 (+0.83%), SOL $142.52 (-0.64%)

Crypto News 📰

  • Elon Musk’s X reveals a shareholder list 

  • Russian stock exchange denies reports it is about to launch a state-run crypto exchange

  • U.S. Trustee objects to FTX plan, says creditors shouldn't pay for data breach

  • Mac users warned over malware ‘Cthulhu’ that steals crypto wallets

  • Crypto advocates file brief against SEC's investor tracking database

  • Tether has ‘redistributed’ $108.8M in USDT from illicit activity since 2014

  • Hong Kong Bitcoin ETFs top $250M AUM

  • WazirX slams external forces for delaying restructuring efforts

  • Stakeholders urge Nigeria to adopt compliance-focused crypto regulation

  • Thai authorities raid illegal Bitcoin mine behind local power outages

  • Ronin bridge hack caused by error in upgrade deployment script — Verichains

  • SEC lawsuit against Kraken to proceed

  • Bitcoin mining opportunity is worth about $74B, JPMorgan says

  • DNA computing breakthrough could turn living cells into functioning blockchains

  • RFK Jr.’s suspended White House bid creates chaos on Polymarket

  • The U.S. state of Wyoming is promoting crypto payments 

  • Ethereum Foundation transferred ETH to Kraken Deposit

  • DCG announced that it had fully repaid its short-term debt

  • Argentina leads Latin America in Ethereum education 

Project Updates 🔥 

  • PayPal and Anchorage partner on PYUSD stablecoin rewards program

  • Memecoin Shiba Inu unveils plans to launch DAO

  • Cardano delays Chang hardfork for Binance, other CEX upgrades

  • Optimism announces Retro Funding 5 on X

  • Radix announces a $37M XRD grant fund for ecosystem development

  • ZKsync announces the near completion of Aave v3 deployment

  • PayPal partners with crypto platform Anchorage Digital to offer stablecoin rewards

  • Fastest Sun Pump fun coin to ever hit 200M market cap

  • @phantom streamlines UX

  • POPCAT was just listed on Binance and Kucoin

  • @SimonsCat got 20M+ followers across all social medias

  • TON memecoin DOGS will be issued

  • @pumpdotfun new paradigm

Threads 🧵 

Launches 🚀 

  • Ticket.Fans to launch an invitation-based beta test for the BTC ecosystem token platform

  • Synthetix launches a multi-collateral feature on Arbitrum.

  • Polar Bear launches bonus plans for PBC users.

  • Curvance launches public testnets on Ethereum, Arbitrum, and Berachain.

  • Cosmos Hub successfully launches the v19 version

Fundraise 💰

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That's a wrap for today!

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