Crypto Mumbles

Senate delays Clarity Act vote until after August recess, Thune confirms — link | AI comment

TradeXYZ Buys Back $HYPE With 12% Of Their Collected Revenue Following Speculations On Whether They Are Raising Fresh Money: Onchain

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JUST IN: 🇺🇸 Senate has 1 day to pass the Crypto Clarity Act before leaving for summer recess.

@WatcherGuru

ROBINHOOD US LISTS $CASHCAT

Source

Step App Announces Shutdown After Four Years

Move-to-Earn project Step App has announced its official shutdown after four years of operation. The team stated that despite achieving over 1 million downloads and tracking billions of steps, they have made the difficult decision to wind down all operations. All services will be shut down by August 21, and users are advised to unstake locked tokens and manage their positions before the deadline. — link

Nikita Bier steps down as Head of Product of X

https://x.com/nikitabier/status/2085105586966827343?s=20

🍎 Last night, Apple briefly removed Telegram from the App Store because a single user had planted illegal pornographic content in a public group chat.

⬅️ Telegram was restored within hours. But I want to explain what happened — to warn other app developers and help protect online communities from similar attacks.

🧹Because Telegram quickly removes illegal content from public groups using user reports, AI filters, content hashes, and other moderation tools, the attacker had to resort to a technical trick. He inserted AI-modified illegal content by editing an old message in an active group chat. As a result, the content was effectively hidden from the group’s members, preventing them from seeing and promptly reporting it.

💰 The attacker was a takedown extortionist: someone who demands ransom from group owners in exchange for not targeting their communities. These extortionists use automated accounts to plant illegal content in public groups and then report it directly to Apple, attempting to trigger the removal of legitimate communities whose owners refused to pay them.

🤝 From a practical standpoint, illegal pornographic content in Telegram’s public groups is not a systemic problem. Our moderation is effective. The fact that attackers must resort to backdated, effectively invisible content and other technical tricks proves this.

⚠️ However, there are two important lessons here for app developers and online communities:

— Extortionists have found a way to manipulate Apple into overreacting. Apple removed Telegram from the App Store before contacting us. This creates a potential systemic risk for every mobile app that hosts user-generated content. If an app used by more than a billion people can be removed from the App Store without prior warning, any app can be.

— The tactics used by takedown extortionists are evolving, putting communities across social platforms at risk. Telegram has extensive experience identifying the tricks used by coordinated reporting gangs and protecting legitimate communities (even when doing so risks our own app being temporarily removed from the App Store). Other platforms may not be equally prepared.

Stay vigilant! ☝️

in a way it was a good thing that fwa had super high friction that it protected many

OGs know hamster racing

Polymarket Becomes Official Partner Of The ATP - Letting Users Livestream, And Trade, Tennis Matches In App: Press Release

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