Author: Crypto Flexs

TON, the native coin of The Open Network, originally developed for the Telegram messaging app, has seen a surge in futures traders hedging their bets on the asset’s price following the arrest of Telegram CEO Pavel Durov.On August 24, Durov was arrested as his plane landed at Bourget Airport outside Paris. He is charged with terrorism, human trafficking, conspiracy, fraud and money laundering.According to CoinGlass data, Toncoin Open Interest (OI) surged 32% to $303.09 million in the hours after the news broke. The TON price crashed following the news, and a horde of traders appeared.According to CoinMarketCap, at the time…

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Rebecca Moen 25 Aug 2024 07:06 Arkham Intelligence has added support for Base, a layer 2 chain developed by Coinbase, enhancing its monitoring of on-chain activity. Arkham Intelligence has officially launched support for Base, the Layer 2 chain. CoinbaseAccording to arkhamintelligence.com, this integration will allow users to monitor Base activity directly from the Arkham platform. Basic Chain Overview base, Ethereum (ETH) Built on the OP Stack, the Layer 2 solution was incubated by Coinbase and aims to provide improved scalability and reduced transaction costs. Base’s mainnet was released to the public on August 9,…

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Market • August 23, 2024 10:54 AM EDT Posted 1 minute earlier ~ in Bitcoin Bitcoin -0.14% The price broke above $61,000 after Federal Reserve Chairman Jerome Powell raised confidence that U.S. inflation is on a sustainable path of 2% and suggested the central bank may cut interest rates. “The time has come to adjust policy. The direction of travel is clear, and the timing and pace of rate cuts will depend on incoming data, the changing outlook and the balance of risks,” Powell said Friday at the Jackson Hole symposium.According to CoinGecko data, following the speech at the central…

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Terryl Dickey 23 Aug 2024 06:40 Binance announced that it will be conducting wallet maintenance for the Telegram Open Network (TON) on August 26, 2024, and deposits and withdrawals will be temporarily suspended. Binance has announced scheduled wallet maintenance for the Telegram Open Network (TON) on August 26, 2024 at 02:00 (UTC). According to Binance, due to this maintenance, deposits and withdrawals for TON will be temporarily suspended starting from 01:55 (UTC) on the same day. The maintenance is expected to take approximately 2 hours.Impact on tradingDuring the maintenance period, TON token trading will…

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A prominent crypto strategist believes one popular MME coin could have even greater upside potential. Altcoin Sherpa, an anonymous analyst, told his 217,600 followers on social media platform X that PEPECOIN could see a major pullback before resuming its uptrend. “The mighty PepeCoin is doing well right now and showing a lot of strength. Whether it will continue its momentum is yet to be seen, but watch out for the 200-day EMA (exponential moving average) around here. $2.30ish would be a decent entry point in the short term. I have the bag.” Source: Altcoin Sherpa/X PepeCoin is trading at $2.97…

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polygon Matic +2.87% The community Discord was hacked for about 4 hours on Saturday morning, but control of the community has now been restored. The hack reportedly resulted in the theft of approximately $145,000 worth of assets from one user. “We have restored access to the Polygon Community Discord server and strengthened its security. We have disabled all external bots and integrations while we conduct a security review of each bot and integration to prevent something like this from happening again,” Polygon wrote on X. Around 5am GMT, a fraudulent message was posted to the Polygon Discord, appearing to come…

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Wang Long Chai Aug 23, 2024 07:18 AMD’s generative AI solutions, including the MI300X accelerator and ROCm software, are transforming business operations. Learn how AMD is leading the AI ​​revolution. Generative AI has the potential to transform a wide range of business operations by automating tasks such as text summarization, translation, insight prediction, and content creation. However, fully integrating this technology poses significant challenges, especially in terms of hardware requirements and cost. According to AMD.com, running a powerful generative AI model like ChatGPT-4 can require tens of thousands of GPUs, with each inference instance…

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DOT ranks 8th on the list of blockchains by development activity (weekly commits). DOT’s price action has turned bullish, but the trend may change soon. Polkadot (DOT) It has long been known for its strong development activity. However, data seems to suggest that this trend may soon change. Could this recent slowdown in development have an impact on the token’s recent rally? Polkadot development activity halted Coin98 Analytics recently shared: tweet We reveal the top blockchains in terms of weekly development activity. It was surprising that DOT did not make it to the top 5 on the list. According to…

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The Cardano (ADA) price has recovered $0.38 for the first time since August 2, following an 18% gain over the past seven days.. What’s interesting is that this price increase coincides with a disclosure that may force ADA holders to sell some of their holdings. Cardano Holders Prepare to “Sell News” On Friday, August 23, Cardano founder Charles Hoskinson announced on X that the long-anticipated Chang hard fork had been postponed. According to Hoskinson, the development was necessary because some layer 1 centralized exchanges, including Binance, were not ready for the upgrade. “Binance and a few others seem to need…

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