Australia sues Telegram over alleged failures to remove terror content

Telegram faces Australian court proceedings after eSafety alleged the platform failed to detect and remove extremist material shared by users. Source: Cointelegraph

Telegram faces Australian court proceedings after eSafety alleged the platform failed to detect and remove extremist material shared by users. Source: Cointelegraph

China Business Journal says fraudsters impersonated the publication, demanding Bitcoin to suppress purported investigative reports about targeted companies. Source: Cointelegraph

US spot Bitcoin ETFs recorded $32.1 million in inflows on Wednesday despite Bitcoin dipping below $64,000, ending a four-session outflow streak. Source: Cointelegraph

The American Arbitration Association’s Web3 Panel brings together specialists in blockchain, smart contracts, digital assets and autonomous transactions. Source: Cointelegraph

The online brokerage continued expanding its digital asset business with Robinhood Chain, tokenized stocks and decentralized lending even as cryptocurrency transaction revenue declined. Source: Cointelegraph

The CEO of the US crypto exchange said that the company would apply for a license with the CFTC in August allowing it to offer prediction markets. Source: Cointelegraph

ARK Invest’s Lorenzo Valente says revenue is becoming increasingly concentrated among a handful of crypto protocols, setting the stage for more mergers, acquisitions and exchange closures. Source: Cointelegraph

A group of 12 county commissioners voted unanimously to ban mining facilities and data centers in unincorporated areas as it deals with a lawsuit by a digital asset company. Source: Cointelegraph

A White House crypto adviser said that the proposed changes to the CLARITY Act were “not even close” to the administration’s position, signaling another fight over the bill. Source: Cointelegraph

New commodity options let traders gain exposure to gold and silver prices through Binance’s Abu Dhabi-regulated exchange. Source: Cointelegraph