Demex Daily #370: TON Society Applauds Durov’s Release as Free Speech Win

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The TON Society celebrated Pavel Durov’s release and departure from France on March 15, calling it a victory for free speech, online privacy, and innovation. Durov, detained since August 24, 2024, faced strong support from the crypto industry and free speech advocates, who condemned France’s actions and urged global intervention. While President Emmanuel Macron denied political motives, critics saw the arrest as a threat to privacy-focused and decentralized technologies. With permission from French officials, Durov has now relocated to Dubai.

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Ethereum is gearing up for its Pectra upgrade, set to enhance scalability, staking flexibility, and fee efficiency, with the Hooli testnet launching on March 17 after previous testnet issues. If successful, Pectra could go live by April 25, introducing features like expanded staking limits (32 ETH to 2,048 ETH), multi-token gas payments, third-party fee sponsorship, and social recovery for wallets. Despite these advancements, ETH's price remains stagnant at around $1,900, down 13.3% for the week, as macroeconomic pressures weigh on the market. Critics call Ethereum's progress slow, but supporters hail Pectra as its most significant upgrade since The Merge.

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