Scammers Target Toncoin Amid Telegram-TON Partnership Hype

Scammers have been drawn to Telegram’s support for the TON blockchain and its intended issuance of the Toncoin token, exploiting this situation to deceive unwary token owners. Kaspersky, a cybersecurity company, revealed information about a deceitful scheme aimed at swindling Telegram users globally since at least November 2023. This scam takes advantage of the increasing … Read more

Altcoins set for big move

After undergoing considerable adjustments, the market value of alternative cryptocurrencies is bouncing back strongly. With bitcoin approaching its latest record peak once more, various altcoins are competing fiercely to achieve their own price surges. Altcoin market cap in bull flag The price of bitcoin is inching closer to the peak of its bull flag, and … Read more

Riot’s Price jumps 23% on analysts’ bullish forecast

Riot’s shares experienced a significant increase of over 20%, ignited by positive forecasts from analysts anticipating considerable improvement in the company’s fiscal results. There’s been a lot of excitement among investors about Riot’s financial results, following some optimistic analyst forecasts. This enthusiasm was clear in the market, where Riot Platform’s stock (RIOT) on Nasdaq jumped … Read more

Binance loses 25% of Bitcoin market share as offshore markets shrinks

With the increasing diversity of offshore markets, Binance‘s dominance in the Bitcoin market share has dropped to 55%. On the other hand, Bybit has gained significant ground, rising from a 2% share to a leading 9.3%. The proportion of Bitcoin and altcoin trading outside the US market that Binance controls has noticeably decreased. Binance’s dominance … Read more

Bitcoin miners’ revenue drops amid declining transaction fees

After the Bitcoin (BTC) halving, the income of miners has progressively dropped. This trend is due to a significant decrease in the typical transaction fee on the network. Based on YCharts’ reported data, the typical Bitcoin network transaction fee decreased by approximately 28% over the last 24 hours and was roughly equal to $24.99 when … Read more