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The founder of Solana-based meme coin Church of the Smoking Chicken Fish has officially registered the project as nonprofit and plans to build a physical church in Texas. This comes after the token skyrocketed to a $130 million market cap, less than two weeks after being launched on Pump.fun. “We're going to try to build a church in Marfa, Texas,” church founder Pastor Kelby told Decrypt on the latest episode of "What’s the Meta?" “We've already found potential property and [our] whales have alr...

Following the arrest of Telegram CEO Pavel Durov in Paris last week, privacy advocates quickly rallied to his defense, with the likes of Proton CEO Andy Yen calling Durov’s arrest “insane.” But in the days since, a rift has opened up among the developers of privacy-focused apps and cryptocurrencies, with some questioning Telegram’s tools for “protecting user privacy.” In a recent interview with WIRED, Meredith Whittaker, president of the secure messaging app Signal, argued that Telegram “doesn't...

Bitcoin's rough week has continued into Friday, with the price of the leading cryptocurrency falling below $58,000. But while it's been a down month for Bitcoin, both Ethereum and Solana have seen far greater percentage dips over the course of August. Now down more than 4% over the past day, Bitcoin is currently sitting at $57,932, per data from CoinGecko. That's even lower than the $58,060 mark hit on Tuesday this week. Bitcoin has now plunged by nearly 6% this week, and about 9% since the star...

NFL Rivals, an officially licensed mobile football game from Mythical Games, announced Friday that its second in-game season will launch on September 5 alongside the real-world season kickoff of the National Football League (NFL). Mythical Games said that the mobile game attracted over 5 million downloads and more than 115 million games played in its first season. Its second season, called "Year 2," will introduce new game modes, “distinctive” pack drops, and new ways for fans to engage with the...

Telegram-linked cryptocurrencies Toncoin (TON) and Notcoin (NOT) have plunged more than 23% over the past week. This comes following the Telegram CEO, Pavel Durov, being arrested and charged in France. Days later, the token’s network halted the production of blocks. The Open Network was originally developed by brothers Pavel and Nikolai Durov. But it was abandoned after they received warning from the SEC that they were producing an unregistered security. Quickly, the project was picked up by com...

Bitcoin (BTC) briefly fell below the $59,000 mark during early European trading hours on Friday. The largest cryptocurrency by market cap touched a low of $58,688, before recovering slightly to $59,450, down 0.7% over the past 24 hours, according to data from CoinGecko. Simultaneously, Ethereum, the second-largest cryptocurrency by market capitalization, is also experiencing downward pressure, trading at $2,522, down 1.8% from the previous day. According to data from CryptoQuant, Bitcoin’s price...

WazirX has set aside millions of dollars to cover legal costs related to the theft of hundreds of millions of dollars in crypto after a cyberattack in July brought the Indian exchange to its knees. On Wednesday, Singapore-based Zettai Pte Ltd,  the holding company of WazirX, filed an affidavit with the High Court of Singapore, requesting a 30-day moratorium to facilitate discussions with investors and creditors to stabilize the platform. The moratorium, if granted, is seen as essential for ensur...