TON struck by outage, no new blocks produced in 3 hours
The Open Network is no longer producing blocks following a frenzy of trading activity for a new memecoin called DOGS.
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Can you trust crypto exchanges after the collapse of FTX?
On Oct. 25, 2022 — about two weeks before the collapse of the world’s third-largest cryptocurrency exchange, FTX — prominent DeFi architect Andre Cronje published a foreboding article with a chilling warning on the state of centralized cryptocurrency exchanges:“Remedies under the current regulatory regime are ineffective. Most investors sign away their rights to their crypto…

3 reasons why Cardano (ADA) price could be on the path to new highs
Cardano (ADA) gained 8% between March 23 and March 25, once again testing the $0.76 resistance level, which has held for over two weeks. Although still far from its March 3 high of $1.18, traders remain optimistic about further gains. Their confidence is driven by the ongoing efforts of founder and CEO Charles Hoskinson to

Bitcoin struggles at $40K after ‘most confusing’ Jerome Powell press conference
Bitcoin (BTC) rose above $40,000 on Thursday, a day after the Federal Reserve hinted that it was getting nearer to unwind its asset purchasing program that has boosted the United States’ economic recovery. The benchmark cryptocurrency approached $41,000 in the previous session, ahead of the critical Fed update. Nonetheless, it started losing upside momentum after the…

eGirls in the C-Suite: The ‘simposium’ storming crypto venture capital
One of the toughest puzzles in crypto is figuring out what to take seriously. On Friday, the DeFi Alliance — a decentralized finance startup incubator and accelerator — announced a list of 11 new members. Some were predictable, such as oracle provider Chainlink and VC stalwart Blockchain Capital, but one name stood out in particular: eGirl…

Fake Trading Volumes and the Price of Bitcoin: Are They Connected?
Last year, Bitwise Asset Management reported to the United States Securities and Exchange Commission that 95% of trading volume in Bitcoin (BTC) was fake. Bitwise found that, according to data published by CoinMarketCap — a widely cited tracker of crypto statistics — Bitcoin’s approximate average daily volume in April 2019 was $10 billion. In comparison,…

Crypto literacy at ‘dangerously low’ levels, new report warns
The crypto community’s financial literacy rate is estimated at 25%, lagging the financial literacy average in the United States by half, according to a new report.

Bitcoin Technicals: Why BTC price breaking $48K resistance is the key to new all-time highs
Bitcoin (BTC) and the crypto market have been accelerating heavily in recent weeks, as Bitcoin has surged by 60% from the July lows, while Ether (ETH) has been showing strength with a 90% rally as altcoins have been seeing massive gains across the board.The sentiment has flipped heavily as well. Three weeks ago, the majority…

Bitcoin Drops Sharply to Below $3,900, Total Market Cap Sheds $15 Billion
Sunday, Feb. 24 — the top 20 cryptocurrencies saw a sharp market reversal, reporting heavy losses over the 24 hours to press time after earlier today seeing major gains. Most of the severe downward movement among top coins happened in under half an hour.Bitcoin (BTC) broke the $4,150 mark again today before falling back under…