TON

Bitcoin briefly fell below $58,000 late on Wednesday, dipping to a low of $57,974 before recovering. Since then, price action has been relatively muted, with Bitcoin (BTC) trading just above the $59,000 price level, down 0.80% in the past 24 hours.  Meanwhile, Ethereum (ETH) has regained the $2,500 level after registering an increase of almost 2% and is currently trading around the $2,524 mark. While BTC’s slump below $60,000 signals near-term weakness, long-term investors remain bullish and continue to withdraw…

The TON blockchain experienced two significant outages within 24 hours, halting transactions due to an overload from the DOGS token minting, raising concerns about the network's ability to handle high traffic. Second Disruption in 24 Hours Telegram's TON blockchain, the backbone of the Toncoin (TON) cryptocurrency, experienced its second significant outage within 24 hours, halting block production for over three hours. The issue, initially attributed to the excessive load from the minting of the DOGS token, left the network unable…

The post TON Society Demands Release of Telegram Co-Founder Pavel Durov appeared first on Coinpedia Fintech News The Telegram Open Network Society has one clear message: free Pavel Durov. Durov, the co-founder of Telegram, was arrested at Le Bourget Airport on August 24, sparking widespread concern. But what does this mean for the rest of us? Standing Up for Freedom Imagine waking up to find one of the champions of free speech behind bars. That’s exactly how the TON community…

Toncoin (TON) has faced significant turbulence in the past five days following the arrest of Telegram co-founder and CEO Pavel Durov in Paris. The close ties between Toncoin and Telegram have caused a sharp reaction in the market, with TON’s price plummeting over 25% since the event on Saturday.  This sudden drop has left many holders in distress, uncertain about the token’s future. However, while opinions among analysts and investors vary, some see this as a potential opportunity. They argue…

The Indian government has launched an investigation into the social media platform Telegram over concerns that it is being used for criminal activities such as extortion and gambling. The probe follows the arrest of the app’s CEO Pavel Durov in France over the weekend. Telegram Faces Potential Ban In India According to recent reports by Indian media outlets, the investigation is being led by the Indian Cyber Crime Coordination Centre under the Ministry of Home Affairs and the Ministry of…

The post Toncoin (TON) Price Crashes 20% After Shocking Arrest of Founder Pavel Durov appeared first on Coinpedia Fintech News Toncoin, a cryptocurrency linked to the Telegram messaging app, has recently seen a sharp decline in its value. The drop of nearly 20% came after news broke of the arrest of Telegram’s billionaire founder, Pavel Durov, in France. This event has raised concerns about the future of Toncoin and its role in the crypto market. The Arrest of Pavel Durov…

The price of cryptocurrency Toncoin (TON) has experienced a steep decline following reports of the arrest of Telegram CEO Pavel Durov. Toncoin has been one of the best-performing digital assets in 2024, however, the altcoin has faced a rather turbulent period in the last two months. Toncoin Reacts To Telegram CEO’s Detention According to French source TF1 TV on Saturday, Telegram founder and CEO Pavel Durov was arrested at the Le Bourget airport in France after alighting from his private…

The post Telegram CEO Pavel Durov Arrested at Paris Airport; TON Coin Dips 17% appeared first on Coinpedia Fintech News Pavel Durov, the billionaire founder and CEO of Telegram, was arrested on Saturday at Le Bourget Airport near Paris, according to local media reports. Durov, who was arriving from Tehran on his private jet, was detained by local authorities. The investigation against him focuses on the lack of moderators on Telegram, with law enforcement concerned that this has allowed criminal…

  The rising popularity of “Banana”, an “tap-to-earn” game built on the TON blockchain, demonstrates how it has emerged as a showcase for the integration of tokenization within games.  Banana, which first launched as a traditional game on Steam, made its debut on Telegram earlier this year as a mini app, and aims to infuse the basic fun gameplay of the original game with novel earnings opportunities for players.  The gameplay itself is simplistic, with players being given a banana…