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【By the end of 2023, Telegram holds cryptocurrencies worth $400 million】
According to the Financial Times, Telegram holds $400 million worth of cryptocurrency on its balance sheet by the end of 2023.
The report cited a copy of Telegram's 2023 financial statements, which also showed that a large portion of the messaging app's revenue came from digital asset-related activities, which were listed under the categories of "integrated wallets" and "collectibles sales," which totaled nearly $148 million, or about 40% of Telegram's annual revenue. "An integrated wallet is a software program that allows users to store, send, receive and trade crypto assets," the report said.
[ Arkham : Tesla has held BTC for more than three years without selling it, with a cumulative profit of $300 million]
Arkham posted on the X platform that Tesla has not sold its Bitcoin holdings yet. The company still holds 11,500 BTC purchased at a price of about US$32,000 in late January 2021, and has held it for more than three years, with a cumulative profit of US$300 million.
[Poll: Cryptocurrency holders generally support Trump as US president]
Former U.S. President Donald Trump’s efforts to woo the cryptocurrency industry during this election cycle appear to be paying off, according to the results of a new Fairleigh Dickinson University poll.
Cryptocurrency holders are more likely to say they will vote for Donald Trump than Vice President Kamala Harris in the upcoming U.S. presidential election, according to poll results released Friday. Half of cryptocurrency holders said they plan to vote for Trump, while only 38% prefer Harris.
Among non-cryptocurrency owners, the statistics flipped, with Harris leading by 12 points: 53% of voters who have never owned cryptocurrency said they would vote for Harris, while 41% planned to vote for Trump.
The poll collected responses from more than 800 registered voters across the U.S., with 15% of respondents saying they own or have owned cryptocurrency or non-fungible tokens (NFTs). The percentage of respondents who said they own cryptocurrency is roughly in line with other recent surveys.
[ The Ethereum Foundation 's total funding for projects and community activities in the second quarter exceeded US$8.47 million]
The Ethereum Foundation announced a list of funded projects and community activities for the second quarter of 2024, with a total of $8,471,704.14. In terms of community and education, it has supported global conferences and hackathons such as ETH Beijing, ETH Tokyo, and ETHWarsaw. In the field of cryptography and zero-knowledge proof, it has funded research projects such as the Anon Aadhaar protocol and Faster Scalar Multiplication of Elliptic Curves. In terms of developer experience, it has supported the development of tools such as the Circom Language Server and the MEDGA Solidity debugger.
The Foundation also supported the Retroactive Public Goods funding round operated by Cryptoversidad and the Road to Devcon quadratic funding round for Southeast Asia through indirect funding. At the protocol level, it continues to support the Account Abstraction Core Team and Ethereum Protocol Fellowship (EPF) projects. Other important funding includes projects such as L2BEAT, Ephemery Testnet and Summer of Protocols.
[ Vitalik Buterin : Both Optimism and Arbitrum meet the security committee voting threshold requirements and cannot unilaterally steal funds]
Ethereum co-founder Vitalik Buterin responded on social media that "all major L2 networks in the mainnet can technically steal user funds," saying an important detail: Phase 1 rules require that the code can only be overturned if the security committee reaches a 75% voting threshold, and members who block the quorum (i.e. ≥26%) need to be from outside the company. Both Optimism and Arbitrum meet this requirement. Therefore, these organizations cannot unilaterally steal funds.
[Financial Times: OpenAI is said to be considering adjusting its corporate structure to make it more investor-friendly]
OpenAI is in talks to restructure its company to make it more investor-friendly, the Financial Times reported, as it pushes ahead with a multibillion-dollar funding round and seeks to maintain its lead over Google and other rivals.
OpenAI has communicated with investors about the changes, three sources said. Although no final form has been agreed upon, they said the changes could make them more attractive to financial backers by simplifying the company's current complex nonprofit structure. No final decision has been made on whether to change OpenAI's structure, and one option under consideration is to remove the existing profit cap for investors in for-profit subsidiaries.
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