Elon Musk exits Trump administration as ‘Special Government Employee’ Elon Musk, who was spearheading DOGE as a ‘special government employee’, thanked US President Donald Trump for the opportunity he gave him ‘to reduce wasteful spending.’
Tesla CEO Elon Musk announced his departure from the Trump administration early Thursday. In a post on X, the head of the US Department of Government Efficiency (DOGE) said, “...my scheduled time as a Special Government Employee comes to an end.”
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Promotion B: Join the Trading Volume Tournament to Share Up to 25,000,000 HUMA in Rewards Trade a cumulative amount of at least 200 USDC worth of HUMA on Binance Spot to earn rewards during the promotion period, according to the Rewards Calculation logic below. Rewards Calculation logic: Your Final Allocation = (Your Trading Volume/Total Trading Volume of All Eligible Participants) * Prize Pool. (Capped at 35,000 HUMA per user)
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Bitcoin price hits $80K for the first time — New 'inflation-adjusted' all-time high
Bitcoin is on the road to deliver its best weekly performance since February following Trump's reelection.
Bitcoin price hits $80K for the first time — New 'inflation-adjusted' all-time high Market Analysis BTC tickers down $79,816 price crossed the $80,000 mark for the first in history and over $1.5 trillion in market capitalization just days after Donald Trump’s reelection in the United States presidential elections.
On Nov. 10, the top cryptocurrency rose by almost 4.50% to reach a new inflation-adjusted record high of $80,116 (data from Bitstamp). Smaller tokens, including Ether ETH tickers down $3,201.77 , Dogecoin DOGE tickers down $0.248 , and Cardano ADA tickers down $0.6181 also rallied.
BTC/USD daily price chart. Source: TradingView
During his election campaigns, Trump had vowed to position the US as a leader in the crypto in
Bybit App Banned From Google Play Store & Apple Store In India
The Bybit crypto exchange app was removed from the Apple App Store in India today amid significant regulatory scrutiny.
Highlights The Bybit app vanished from the Apple App Store in India.However, the Bybit Pro app was still available on the App Store.Whilst, Bybit was also not available for download on the Google Play Store. Bybit, a popular crypto exchange, has faced a major setback in the Indian market. On Friday, March 22, the Bybit app was removed from the Apple iOS App Store amid escalating regulatory concerns in the country’s Web3 domain. Moreover, on social media platforms like X, speculations swirled around a regulatory crackdown on Bybit in India. Bybit Vanishes From Apple App Store The crypto community was shocked when the Bybit app vanished from the Apple App Store. The exact cause behind the recent development isn’t known yet. However, netizens believe it’s due to the increased regulatory uncertainty in India. The co-founder of Smart View AI, Pushpendra Singh, took to X and wrote, “Due to regulatory uncertainty, Today #Bybit crypto exchange app has been removed from the Apple App Store in India.” However, the Bybit app is still available on the Google Play Store for Android users. In addition, the Bybit Pro app is also available on the Apple App Store currently. Moreover, the users who have already downloaded Bybit on iOS or Android haven’t faced any issues yet. Furthermore, the Bybit website URL is also accessible without hassle. However, Bybit’s departure from the App Store marks a significant update amid the regulatory concerns in India. The move has sparked speculations around the forthcoming steps that the regulators would consider toward Bybit. In addition, OKX is gearing up to shut down its operations in India. Furthermore, the Web3 community is baffled owing to the recent crackdown on the foreign crypto exchanges. The users noted that they can’t access Binance, KuCoin, Gate.io, OKX and several other crypto exchanges and Bybit was one of the digital currency trading platforms that they relied on. Hence, if Bybit was to move out of India or face a ban, these users would be affected.
France charges Telegram CEO Pavel Durov, releases him on €5M bail
The Russian-born tech tycoon faces six charges and is barred from leaving France.
Pavel Durov is forbidden from leaving France and must check in at a police station twice a week. PARIS — French authorities on Wednesday indicted Telegram CEO Pavel Durov with six charges related to illicit activity on the app.
Durov was also released from custody on a €5 million bail. He is forbidden from leaving France and must check in at a police station twice a week.
The charges include complicity in managing an online platform “in order to enable an illegal transaction in organized group,” and refusal to cooperate with law enforcement authorities, the Paris prosecutor’s office said in a press release. Governments in Paris, Moscow and Abu Dhabi have become tangled up in a diplomatic furor by the bombshell arrest of one of the world’s most powerful tech entrepreneurs, which also ignited a fierce debate about online free speech and technology regulation.
Durov was also charged with “complicity in the offenses of making available without legitimate reason a program or data designed for… organized gang distribution of images of minors presenting child pornography, drug trafficking.” A judge will now investigate further the charges, that can still be dropped at a later stage.
Telegram “appears in multiple cases involving various offenses (child sexual abuse offenses, trafficking, online hate),” the prosecutor’s office wrote, pointing to “Telegram’s almost total failure to respond to judicial requests.”
“When consulted, other French investigation departments and public prosecutors’ offices, as well as various Eurojust partners, notably Belgian, shared the same observation,” it added. “This led… to opening an investigation into the possible criminal responsibility of the managers of this messaging service.”
A preliminary investigation was opened in February, the statement added. French authorities issued warrants for both Durov and his brother Nikolai in March, according to a French administrative document seen exclusively by POLITICO.
“The only statement I’d wish to make is that Telegram is in conformity with every aspect of European norms on digital matters. It is absurd to think that the head of a social network is being charged,” Durov’s lawyer David-Olivier Kaminski said after the announcement. The Russian-born tech tycoon was detained at Paris’ Le Bourget airport on Saturday night, as part of a sprawling inquiry into criminal activity on the messaging platform.
Telegram, a messaging app based in Dubai, has long been scrutinized over accusations of rampant fraud, drug trafficking, organized crime, terrorism promotion and cyber-bullying on the platform.
After Durov’s arrest, Telegram pushed back strongly against any suggestion of wrongdoing in an online statement Sunday, saying it abides by all EU laws and that Durov “has nothing to hide.”
Was Telegram CEO Honey Trapped Into His Arrest? Here's What We Know About The Mysterious Woman
Juli Vavilova, a 24-year-old crypto coach and streamer based in Dubai, is apparently Pavel Durov's girlfriend. She is now being suspected of honey trapping her partner into arrest.
Their close association was notably highlighted when they arrived in Paris via a private jet, shortly before their arrest by French authorities. Pavel Durov, the CEO of the widely used messaging platform Telegram, was detained by French authorities on Saturday evening at Le Bourget airport. Durov, who is often referred to as "Russia's Mark Zuckerberg," faces several allegations, including accusations of facilitating criminal activities through Telegram, which boasts around 900 million active users. Reports indicate that Durov was accompanied by a woman, reportedly his girlfriend, who was also arrested. This woman, identified as Juli Vavilova, is now a subject of speculation regarding the circumstances of Durov's arrest. There are rumours doing the rounds in the market, due to which many believe that Durov was honeytrapped into his arrest. Online theories suggest that Vavilova might have been under surveillance or investigation, which inadvertently led to Durov's detention. It is also possible that she might have attracted unwanted attention to both herself and Durov, or that she was somehow involved in the events surrounding his arrest. Who Is This Mystery Woman? Juli Vavilova, a 24-year-old crypto coach and streamer based in Dubai, has garnered over 20,000 followers on Instagram. On her profile, she identifies as a gamer and lists her interests as "Gaming, crypto, languages, and mindset." Vavilova is proficient in four languages: English, Russian, Spanish, and Arabic. Vavilova and Telegram CEO Pavel Durov have been seen together in several locations including Kazakhstan, Kyrgyzstan, and Azerbaijan, with photos of these travels featured prominently in her Instagram stories and highlights. Their close association was notably highlighted when they arrived in Paris via a private jet, shortly before their arrest by French authorities. Although the exact details of their relationship are not fully known, their frequent joint appearances suggest a significant connection between them. Her social media activity, particularly photos of her with Pavel Durov in Paris, has fueled speculation within the crypto community that she might have unintentionally or deliberately directed authorities to their whereabouts. Some theories suggest she could be connected to the events leading to Pavel's arrest, with conjectures ranging from her being a honeytrap to a potential Mossad agent. Nonetheless, the exact nature of her role in the arrest remains unclear. According to AFP, her family and friends have been unable to reach her since the CEO's detention.
Was Telegram CEO Pavel Durov’s girlfriend the reason behind his arrest?
Telegram's Pavel Durov detained in Paris; company claims compliance with EU laws and denies platform abuse responsibility. Russian-born founder of Telegram Pavel Durov was arrested in Paris at Le Bourget airport shortly after landing on a private jet late on Saturday from Azerbaijan. Yulia Vavilova, believed to be his girlfriend, was also arrested with him, reports claimed. News agency AFP reported that loved ones haven’t been able to get in touch with her since the arrest of Pavel Durov. The same woman could also be the reason he was caught in the first place.
Yulia Vavilova has been spotted with Pavel Durov on multiple occasions and was also on the private jet with him when they landed in Paris. Telegram, in a short statement, gave no details of the arrest but said the company abided by European Union laws and its moderation was "within industry standards and constantly improving." The company said, "Telegram's CEO Pavel Durov has nothing to hide and travels frequently in Europe. It is absurd to claim that a platform or its owner are responsible for abuse of that platform. We’re awaiting a prompt resolution of this situation. Telegram is with you all." Pavel Durov was arrested as part of a preliminary police investigation into allegedly allowing a wide range of crimes due to a lack of moderators on Telegram, reports claimed. Yulia Vavilova has been spotted with Pavel Durov on multiple occasions and was also on the private jet with him when they landed in Paris. She has also earlier posted Instagram stories from Pavel Durov's jet and posted several pictures of herself when they were together in Paris.
Telegram CEO Pavel Durov To Appear In Paris Court: Report
The Russian-born 39-year-old was arrested at Paris' Le Bourget airport on Saturday on suspicion of failing to act against illicit content on Telegram.
Telegram has denied the allegations against its CEO Pavel Durov. (File) Paris: Telegram founder and chief Pavel Durov was headed to court in Paris Wednesday where he could be formally charged, after his initial arrest period for questioning came to an end, a source familiar with the case told AFP. The Russian-born 39-year-old was arrested at the French capital's Le Bourget airport late Saturday on suspicion of failing to act against illicit content on 900-million-user social network Telegram, allegations the company itself has denied.