Bitpush's Weekly Web3 News Highlights:
[Paris Prosecutor's Office: Telegram founder case involves 12 crimes, detention may be extended to August 28]
According to the Russian Satellite News Agency, the Paris Public Prosecutor's Office in France stated that the case of Pavel Durov, the founder of Telegram, under investigation, involves 12 crimes, most of which are cybercrimes. The Paris Public Prosecutor's Office pointed out in the message that "the detention restrictions taken by the police were extended on August 25, 2024, and the detention period can be extended to a maximum of 96 hours (that is, until August 28)".
[Trump confirms to attend the debate with Harris hosted by ABC News on September 10]
Former US President Trump said on the social platform Truth Social that he has confirmed that he will attend the presidential election debate with US Vice President Harris on September 10 (next Tuesday), which will be hosted by the American Broadcasting Corporation (ABC).
Trump has previously accused ABC of bias and threatened to withdraw from the debate altogether. As for the rules of this debate, Harris spokesman Brian Fallon said on Monday that the campaign team hopes that the microphones will remain open throughout the debate, rather than being turned off when the other party speaks, as was the case in the last CNN debate. Trump said in a statement today that the debate rules will be the same as last time, candidates are not allowed to bring notes or "cheats", and neither side will receive questions in advance. Trump also said that the third debate, which may be hosted by NBC News, has not yet been agreed to by the Democratic Party.
[Nasdaq seeks approval from the US SEC for Bitcoin index options]
Nasdaq (NDAQ.O) said on Tuesday it is seeking regulatory approval to launch and trade bitcoin index options, Reuters reported.
The U.S. Securities and Exchange Commission (SEC) has yet to approve any of the options based on exchange-traded funds tied to the spot bitcoin price that debuted in January, including Nasdaq's application to trade options on BlackRock's iShares Bitcoin Trust ETF (IBIT.O).
[The tokenized U.S. Treasury market exceeds $2 billion, BlackRock BUIDL Fund ranks first]
According to data from RWA monitoring platform RWA.xyz, as of August 25, the tokenized U.S. Treasury market size was $2 billion, and currently stands at $2.02 billion. BlackRock's BUIDL fund ranks first with a size of $502 million, followed by Franklin Templeton's FOBXX fund with a size of $425 million.
It is worth mentioning that Ondo Finance’s total TVL (tokenized U.S. Treasury market value) exceeds US$540 million (including OUSG and USDY), ranking first among all protocols.
In addition, the market value of U.S. Treasury tokens on the Ethereum chain is approximately US$1.45 billion, ranking first among all networks, followed by Stellar (approximately US$430 million).
[OpenSea received a Wells notice from the SEC]
OpenSea said it had received the Wells notice from the SEC.
Wells Notices are standard procedure in the regulatory world, especially in scrutinizing cryptocurrency-related companies for potential illegal activity. When a company receives a Wells Notice, it may be subject to sanctions, penalties, or other forms of punishment. In some cases, a business may need to suspend certain operations. If the SEC decides to proceed with enforcement measures after the Wells Notice is issued, it may even freeze the business's assets or file formal charges against the company in federal court. These actions mark the beginning of a lengthy legal process in which companies will have the opportunity to present a defense.
[Telegram CEO was formally filed, bail was 5 million euros and prohibited from leaving France]
Paris prosecutors said that after four days of questioning by French police, a formal case was opened against Telegram CEO Pavel Durov. Durov was released under judicial supervision on the condition that he pays a 5 million euro bail and is prohibited from leaving France.
[OpenAI says ChatGPT usage has doubled since last year, with more than 200 million active users per week]
According to Axios, OpenAI said that the use of ChatGPT has doubled since last year, with more than 200 million weekly active users. ChatGPT currently has more than 200 million weekly active users, twice as many as a year ago. OpenAI also said that 92% of Fortune 500 companies are using its products, and that the use of its automatic API has doubled since the release of ChatGPT-4o in July.
Bloomberg adds Polymarket election data to its terminal
Financial data and news service Bloomberg LP is adding election odds data from crypto betting platform Polymarket to its terminals, according to an Aug. 29 tweet from Bloomberg Financial Products chief economist Michael McDonough.
Polymarket is a blockchain-based prediction market built on the Polygon Network. It allows users to create and bet on various event outcomes and uses transparent on-chain data and smart contracts to facilitate transactions and payments.
According to the post, Bloomberg provided odds on the outcome of the U.S. presidential election from Polymarket, as well as data from other prediction markets such as PredictIt and polling services.
Bloomberg Terminal is the world's most popular institutional financial data platform. According to Wall Street Prep, it controls about one-third of the financial data service market and has about 350,000 subscribers worldwide.
【By the end of 2023, Telegram holds $400 million worth of cryptocurrency】
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.
[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.
