Sony to Launch Soneium Layer 2 Network for Ethereum Ecosystem.

Sony Block Solutions Labs, a joint venture between Sony Group and Singapore-based Startale Labs, has announced the launch of Soneium, a Layer 2 solution on Ethereum.

Sony will reportedly release the L2 protocol based on Optimism’s OP Stack. The team will release technical documentation and developer tools in the coming weeks.

According to the press release, the first publicly available testnet will be developed in collaboration with blockchain platform Astar Network. The collaboration will integrate Astar’s zkEVM assets and infrastructure with Soneium, providing initial liquidity and support for some digital assets.

The Soneium L2 protocol aims to address key issues such as scalability, security, and decentralisation, while also aiming to make it “as user-friendly as possible.”

 

MetaMask Integrates Wallet Guard Security System to Enhance Fraud Protection.

MetaMask announced on Platform X that it is integrating Wallet Guard security system to enable security features that will enhance fraud protection and protect user assets, and is partnering with Blockaid to secure Web3 interactions. Wallet Guard was acquired by Consensys in July, and the Wallet Guard team has joined MetaMask's product security team.

 

Jupiter Launches Jupiter Lock, a Free Solution for Project Owners to Gradually Release Their Tokens.

Solana eco-transaction aggregator Jupiter announced on Platform X that Jupiter Lock, an open, free, and proven alternative that allows any project to gradually release their tokens for free, is now in beta. A detailed overview of all tokens and their vesting schedules, recipients, and use of funds can be viewed on the Lock page. Provides certainty for holders. Helps achieve alignment on long-term goals. Operates transparently throughout.

 

TON and Telegram could attract 500 million users to Web3 by 2028.

According to Bybit experts, using almost a billion Telegrams, the Open Network (TON) blockchain aims to integrate decentralised applications into the messenger platform.

If the cooperation is successful, then TON and Telegram will be able to achieve the main goal - to attract up to 500 million users to Web3 by 2028.

The Bybit report says that in the future, TON's partnership with Telegram could repeat the success of the Chinese application WeChat. And there are already significant achievements. Thus, the number of daily active users in the TON blockchain has exceeded 280,000, and the number of transactions is 800,000 per day.

Since the beginning of the year, the network's native token Toncoin has grown in price by more than 200%, making the Open Network the fifth blockchain by market capitalization, which has already exceeded $17.5 billion. The integration of the TON Space wallet and mini-apps in Telegram played a decisive role in such high performance. Games for token rewards, such as Notcoin and Hamster Kombat, have become especially popular. This approach has led to the fact that more than 6 million new accounts have appeared on Telegram since November 2023.

 

Ronaldo faces a $1 billion lawsuit for promoting Binance.

The famous footballer has faced legal troubles due to a partnership deal with the leading cryptocurrency exchange Binance.

In late May 2024, Cristiano Ronaldo signed a contract with the platform to promote the NFT collection Forever Worldwide: The road to Saudi Arabia. The promotion culminated in an auction that took place on June 14, where rare NFTs were presented.

This is already the fourth collection that the footballer has promoted for the Binance NFT service. Together with the celebrity, the exchange created non-fungible tokens about Ronaldo's career in Madeira, Lisbon, Manchester, Madrid, Turin, Saudi Arabia and Portugal.

The football star signed his first contract with Binance in October 2023 to promote the ForeverZone collection. And already in November of the same year, Ronaldo was accused of urging investors and his fans to buy unregistered securities. In a class action lawsuit, the celebrity was accused of negligence and concealment of potential risks of operations with a crypto exchange. In addition, the plaintiffs claimed that it was thanks to Ronaldo that the number of requests for the Binance cryptocurrency exchange increased by 500%.

 

Telegram Wallet users lost funds due to phishing.

About 10 users transferred funds to compromised addresses specified in a phishing message from the official Telegram Wallet channel. This was reported by the service's support.

According to the message, the problem affected only the customer service plugin and did not concern Wallet. User funds remain completely safe, the support added.

 

Telegram creator Pavel Durov has been detained in France.

Durov was detained at Le Bourget Airport. French media reports that he was put on the wanted list due to the lack of moderation on Telegram and his refusal to cooperate with law enforcement agencies, which made him an accomplice to illegal activity on this social network.

The creator of the Telegram social network Pavel Durov was detained at Le Bourget Airport in Paris, French TV channels TF1 and BFMTV reported, citing sources in law enforcement agencies.

The 39-year-old businessman is currently in custody.

French police believe Durov is an accomplice to drug trafficking, crimes against children, and fraud due to insufficient moderation on Telegram and his refusal to cooperate with law enforcement agencies, French media reports.

The arrest warrant was issued on the basis of a "preliminary investigation," the details of which have not been disclosed.

 

Russian hackers launch massive DDoS attacks on French websites after Pavel Durov’s arrest.

A wave of massive DDoS attacks has taken down several well-known French websites just one day after Telegram founder Pavel Durov was arrested in France. Russian hacker groups have claimed responsibility for the attacks.

In a coordinated cyberattack, Russian hacker groups targeted several French websites, causing significant disruptions and temporary service interruptions. The government services website, as well as the websites of Confédération paysanne, ANSM, Doctolib, and Voix du Nord, were among those hit by the DDoS (distributed denial of service) attacks.

The attacks have been linked to pro-Russian hacker groups including UserSec, RipperSec, Holy League, and Cyber ​​Army Now.

 

The UAE has requested consular access to Pavel Durov from France.

The UAE has asked the French authorities to provide access to Durov, who is a citizen of the country.

The UAE is "closely monitoring this case" and providing "all necessary consular services" is an "urgent matter," the country's Foreign Ministry said in a statement.

At the same time, Durov's bodyguard and assistant were released after questioning, Le Figaro reported, citing a source.

 

#FREEDUROV

Telegram issued a statement: "Telegram complies with all EU laws. Durov has nothing to hide. It is absurd to claim that the platform or its owner are responsible for the abuse of this platform."

DWF Labs founder Andrey Grachev bought TON for $500,000 and said that he will not sell them until Pavel Durov is released.

The Memeland project also decided to buy TON for $1 million to support Durov, just as Grachev does not plan to sell them until his release.

Justin Sun called for a DAO to support Durov. He is ready to donate $1,000,000.

The official Discord servers of Polygon, Avalanche and ZKsync were hacked over the weekend.

 

Donald Trump Unveils Fourth NFT Collection.

Republican presidential candidate Donald Trump has unveiled the fourth collection of non-fungible tokens (NFTs) called “Series 4: The America First Collection.” The price of one token is $99.

The creation is based on various images of Trump. On one of the cards, the former US president is holding a ball with an image of Bitcoin, and on another, he is dressed in a superhero costume. The release of the fourth NFT collection was announced for July 2024.

 

Footballer Kylian Mbappe's X account was hacked to promote a scam.

The account of French footballer Kylian Mbappe on the X social network (formerly Twitter) was hacked to promote the MBAPPE token. The publication was later deleted.

 

In the note, the attackers posted a token contract on the Solana network. The asset itself was launched on the pump.fun platform.

 

According to Lookonchain experts, one of the users invested 7156 SOL ($1.03 million) in this token. After the creators of MBAPPE performed a rug pull, the asset rate fell sharply. The value of this trader's token portfolio fell to $9200.

 

TON Blockchain Resumes Operations After Second Outage in 24 Hours.

On the evening of August 28, 2024, The Open Network (TON) experienced its second outage in 24 hours. As a result, the blockchain did not mine blocks for several hours.

The project team noted that the outages were caused by the high load associated with the listing of DOGS tokens. According to them, users' crypto assets were not at risk. At the time of writing, the blockchain has resumed block mining, according to Tonscan.

One of the participants in the discussion on X (formerly Twitter) under the pseudonym joshuayog1 said that he was worried about how TON should survive all the excitement if the blockchain is already experiencing difficulties.

Note that the Toncoin coin practically did not react to this news. Over the past 24 hours, the asset price has grown by about 4%, at the time of writing it is trading near the $5.56 mark: