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Turkish arrest of Ethereum developer raises alarms in crypto community

Amid Fede’s Intern’s arrest, experts question the safety of Istanbul for Ethereum's upcoming Devcon conference.

CryptoSlate

Aug 11

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Happy Monday!

Tensions rise as the recent arrest of an Ethereum developer in Istanbul sparks concerns ahead of the critical Devcon conference. In other insights, Lyn Alden unpacks the complex intersections of Bitcoin, AI, and mounting fiscal deficits shaping the financial landscape. Plus, we take a closer look at Cardano’s Midnight project, exploring its promise of programmable privacy and its impact on the future of decentralized finance. Dive into today’s top stories and stay informed.

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The global crypto market cap is $3.98 trillion, with a 24-hour volume of $196.21 billion. The price of Bitcoin is $120,140.63, and BTC market dominance is 59.9%. The price of Ethereum is $4,274.06, and ETH market dominance is 12.9%. The best-performing sector is Insurance, which gained 13%. The Crypto Fear & Greed Index is currently Greed (70).