1. Telegram: In 2023, the Telegram messenger held cryptocurrencies worth about $400 million. In 2024, the company sold Toncoin (TON) coins worth more than $244 million.
2. Bitcoin: The price of the first cryptocurrency fell to $52,500 during the week, but recovered to $54,210 at the time of publication. The number of active addresses in the Bitcoin network has reached a minimum for 2024, which may negatively affect the price of the asset. Also, one of the Bitcoin whales moved 35 BTC ($1.99 million) after 10 years of inactivity.
3. Mining: Miner profitability has reached a record low. The average miner profitability in August was $43,600 per EH/s, the lowest in history. Mining company Marathon Digital mined 673 BTC in August.
4. Artificial Intelligence: OpenAI plans to launch a new chatbot, GPT Next, that will evolve 100 times faster than GPT-4o. Elon Musk's xAI has launched an AI training system using 100,000 Nvidia H100 GPUs.
5. Crypto Projects and Politics: World Liberty Financial, a crypto project backed by Trump's sons, has reserved 70% of its token supply for its founders, developers, and investors. Trump family members' accounts on the social network X (formerly Twitter) were hacked to promote a crypto scam.
6. Hacks: Hacks cost $313.86 million in August. Hacks of DeFi protocols like Penpie resulted in losses of tens of millions of dollars.
These events highlight both the growing risks and potential prospects of the cryptocurrency market.
