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Today's Top Crypto Headlines:
Durov Slams French Case | Fed Rate Cut Speculation | Xai Sues Musk’s xAI | Aave-WLFI Rumors Hit Price and more...
Good Morning Crypto Enthusiasts!
Glad to have you back for another edition of the UseTheBitcoin.com newsletter.
Durov Slams French Case: Telegram founder Pavel Durov blasted France’s year-long probe against him, calling charges of complicity in crimes “absurd.”
Fed Rate Cut Speculation: Powell’s dovish comments boosted crypto as traders priced a 75% chance of a September Fed rate cut. Optimists see trillions flowing into crypto, but analysts warn hype could trigger a “sell the news” drop amid recession fears.
Xai Sues Musk’s xAI: Gaming network Xai sued Elon Musk’s xAI for trademark infringement, alleging brand confusion and reputational harm.
💡Feature of the Day - Aave-WLFI Rumors Hit Price: Aave fell 8% after rumors questioned a governance proposal involving Trump-linked World Liberty Financial.
All this and more in today’s headlines!
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📰 News Highlights:
Telegram founder Pavel Durov criticized the French government, claiming its year-long investigation into him has failed to produce evidence.
Arrested in August 2024, Durov faces charges of complicity in crimes like child exploitation and drug trafficking.
Statement from the TON Community
Following the recent news related to the Telegram’s founder Pavel Durov, we want to assure everyone that the TON community remains strong and fully operational.
As a community committed to freedom of speech and decentralization, we stand firmly
— TON 💎 (@ton_blockchain)
11:38 PM • Aug 24, 2024
He argues it’s “legally and logically absurd” to hold him accountable for independent users’ actions, insisting Telegram will leave jurisdictions rather than compromise on privacy or encryption.
The case has fueled global debate over platform responsibility and user accountability.
The arrest of @durov is an assault on the basic human rights of speech and association. I am surprised and deeply saddened that Macron has descended to the level of taking hostages as a means for gaining access to private communications. It lowers not only France, but the world.
— Edward Snowden (@Snowden)
1:13 PM • Aug 25, 2024
Free speech and crypto advocates accuse France of political pressure, while President Macron denies bias.
I have seen false information regarding France following the arrest of Pavel Durov.
France is deeply committed to freedom of expression and communication, to innovation, and to the spirit of entrepreneurship. It will remain so.
In a state governed by the rule of law,— Emmanuel Macron (@EmmanuelMacron)
2:29 PM • Aug 26, 2024
Critics highlight the precedent this could set for tech executives, as governments worldwide grapple with how much liability platforms should bear for user behavior.
you can't keep founders personally liable (and charge them upto 20 years) for not moderating speech and at the same time claim you're deeply committed to freedom of expression
why aren't you personally in jail for not controlling 100% of all crime in France?
— mert | helius.dev (@0xMert_)
6:42 AM • Aug 27, 2024
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Speculation over a U.S. Federal Reserve interest rate cut has sparked excitement in the crypto market.
Chair Jerome Powell’s dovish remarks at the Jackson Hole symposium boosted Bitcoin and other assets, while futures markets price a 75% chance of a September cut.
Will Fed rate cuts lead to a crypto market breakout?
Rate cuts could drive more liquidity into crypto as money market funds become less appealing and M2 money supply grows.
@Dav1dDuong joins @MilkRoadDaily to discuss potential crypto-market catalysts and more.
— Coinbase Institutional 🛡️ (@CoinbaseInsto)
11:25 PM • Aug 20, 2025
Optimists believe lower rates will funnel capital into crypto, potentially driving massive rallies. However, analysts warn of excessive euphoria, as social media mentions of Fed-related terms hit an 11-month high.
Fed Chair Powell is indicating a 25bps September rate cut is **highly likely**. His Jackson Hole speech is about as clear cut as the Fed gets.
But...he's also signaling don't bet on a bunch more rate cuts after that. Fed leaders will still be watching what happens with
— Heather Long (@byHeatherLong)
2:20 PM • Aug 22, 2025
Santiment cautions that this may signal a local top, raising the risk of a “sell the news” reaction.
🇺🇸 The FED will start the money printers in Q4 of this year + 2 Rate cuts which means Trillions will flow into crypto market.
We are about to enter parabolic phase where Altcoins will explode 10x -50x
— Ash Crypto (@Ashcryptoreal)
2:38 PM • Aug 23, 2025
While some expect trillions to flow into crypto, others stress recession fears could dampen the long-term impact.
Ethereum-based gaming network Xai has sued Elon Musk’s xAI, alleging trademark infringement and unfair competition.
Ex Populus took legal action today to protect the Xai brand. With increased confusion around Elon Musk’s AI company (@xai), it’s a big responsibility to safeguard the brand that the community trusts. You can read more details at news.expopulus.com
— XAI 🎮⛓️ (@XAI_GAMES)
3:10 AM • Aug 22, 2025
Xai argues Musk’s November 2024 announcement of an xAI gaming studio created market confusion, damaging its brand and leading to negative consumer sentiment due to Musk’s polarizing image.
The lawsuit notes that Xai registered its trademark before xAI’s move into gaming.
i thought this was elon xai lol
— uratmangun.ovh (@uratmangun)
2:46 AM • Mar 5, 2025
The U.S. Patent and Trademark Office has already suspended some of xAI’s filings, citing likely confusion.
$XAI is now live 🚀
First-ever tokenized access to @elonmusk’s AI company xAI now tradable on @BNBCHAIN.
Where to buy:
@PaimonFinance - app.paimon.finance/xai@PancakeSwap - pancakeswap.finance/swap?chain=bsc…
More details:
coinmarketcap.com/academy/articl…(CMC Labs: Partnership)
— CoinMarketCap (@CoinMarketCap)
8:03 AM • Aug 6, 2025
Xai claims Musk’s controversies unfairly harm its reputation, seeking damages and a court order to block xAI’s use of the name in gaming and blockchain.
@MOPO_1989@DrProfitCrypto@XAI_GAMES Grok here: XAI_GAMES refers to xAI's gaming initiatives, including a new AI-powered game studio announced by Elon Musk in December 2024 to "make games great again." It also relates to Xai (XAI), a cryptocurrency on Arbitrum enhancing gaming economies. Check
— Grok (@grok)
8:14 PM • Mar 7, 2025
💡 Feature of the Day:
Aave’s token price dropped over 8% after conflicting reports about a potential deal with World Liberty Financial (WLFI), a DeFi platform linked to Trump’s family.
The WLFI team told WuBlockchain that the claim that "Aave will receive 7% of the total WLFI token supply" is false and fake news. Previously, a community member claimed that, according to a previously released proposal, AaveDAO would receive 20% of the protocol fees generated by
— Wu Blockchain (@WuBlockchain)
4:16 PM • Aug 23, 2025
A governance proposal suggested Aave DAO could receive 7% of WLFI’s tokens and 20% of its revenue, but rumors labeled the claims “false,” sparking confusion and sell-offs.
The Art of Deal 💅
— Stani.eth (@StaniKulechov)
12:18 PM • Aug 23, 2025
Founder Stani Kulechov insisted the proposal was still valid, but uncertainty rattled the market, sending Aave’s price tumbling before partial recovery.
😂 Crypto Meme of the Day:
Do you remember the fear during your first dump?
#bitcoin#crypto#meme#gainsmeme#cryptomeme
— GAINS Associates (@GainsAssociates)
2:37 PM • Jul 3, 2020
Meme of the day provided by @GainsAssociates
And that’s it for this today.
See you all tomorrow’s edition!
Jonathan Gibson
UseTheBitcoin.com