Recently, notable TON investors have been selling off large amounts of the coin, redirecting their funds to other promising tokens as a hedge.
Author: Neelesh Roy
Neelesh Roy
Neelesh Roy is a seasoned financial journalist with a focused expertise in the cryptocurrency market. With a solid foundation in mass communication, his career began in the bustling world of stock markets, where he honed his skills in financial reporting and analysis. Transitioning to cryptocurrency, Neelesh has spent the past two years covering this volatile and exciting sector.
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Toncoin (TON), a token linked to Telegram, lost about $2.7 billion in market value on Monday, August 26, following the arrest of the messaging app’s co-founder, Pavel Durov, on Saturday, August 24.
Cloud mining allows users to mine cryptocurrencies without directly dealing with physical mining rigs.
A federal judge in Manhattan dismissed a $258 billion lawsuit for running a “Dogecoin pyramid scheme” against Elon Musk and Tesla.