#CryptoMarket

Toncoin market challenges

Toncoin Market Challenges: Legal and Technical Hurdles

Toncoin, the cryptocurrency powering The Open Network (TON), dipped below $5 this Tuesday, marking a four-month low. The decline followed the recent arrest of Telegram founder and CEO Pavel Durov in France. Casting a shadow over the Telegram-linked cryptocurrency. Despite TON’s operational separation from the messaging app. Its deep roots with Durov and its role […]

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TON network halt

The Open Network Goes Dark: TON network halt

Late Tuesday evening, The Open Network (TON), co-founded by Pavel and Nikolai Durov, experienced an unexpected halt in its operations, with users reporting that the network had ceased processing transactions. Network Downtime Details According to Tonscan, a blockchain explorer dedicated to TON. The network stopped producing new blocks around four hours ago. Raising concerns among

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Telegram CEO arrest

Telegram CEO Arrested: Drama Unfolds Over Platform Misuse

The tech world was rocked this weekend because of Pavel Durov. The enigmatic CEO of Telegram, found himself in the grip of French authorities. The arrest, as dramatic as the midnight flights Durov is known for, has plunged Telegram into a whirlwind of legal and public relations turmoil. The Arrest at Le Bourget Durov’s journey

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Canto blockchain consensus issue

Canto Blockchain Consensus Issue Leads to Network Outage

The Canto blockchain experienced a significant network disruption starting on Saturday due to a consensus issue, leading to a temporary halt of all activities on the platform. This incident has triggered a notable decline in the value of its native token, CANTO, which initially dropped by 21% but later saw some recovery over the weekend.

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Bitcoin's Rocky Week

Bitcoin’s Rocky Week: A Recovery Amid Global Financial Shifts

Bitcoin has experienced a turbulent week, initially suffering a significant downturn only to regain some ground amid global economic shifts and market uncertainties. What caused Bitcoin’s Rocky Week? Sudden Drop and Subsequent Recovery Over the weekend, Bitcoin faced a sharp sell-off, plunging to its lowest in nearly six months. Dropping 20% from Saturday to Monday

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DeFi market sell-off

DeFi Sector Hit by Major Sell-Off Amid Economic Concerns

The decentralized finance (DeFi) sector experienced significant market turmoil late Sunday, as proprietary trading firm Jump Crypto initiated large-scale asset transfers to exchanges, coinciding with a broader market retreat due to escalating economic and geopolitical tensions. What caused the DeFi Market Sell-Off? Sudden Moves by Jump Crypto Jump Crypto, a subsidiary of Jump Trading, began

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