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Toncoin (TON) surged more than 7% after Telegram CEO Pavel Durov slammed France for its ”misguided approach” to investigating illicit activity following his arrest in the country. “If a country is unhappy with an internet service, the established practice is to start a legal action against the service itself,” Durov said in a Sept. 5 message in his official Telegram channel. “ Using laws from the pre-smartphone era to charge a CEO with crimes committed by third parties on the platform he manages is a misguided approach.” TON traded at $4.87 as of 2:45 a.m. EST after a 7% pump following Durov’s first comments since his arrest. Durov, a Russian-French billionaire who is the founder and CEO of the Telegram messaging app, was arrested at Le Bourget Airport outside of Paris, France, on Aug. 25. A warrant for his arrest was issued by a unit of the French National Police because of Telegram’s lack of moderation and cooperation with the pol...

Markets are swinging higher driven by fundamental factors. Recent rallies, especially in Solana (SOL), have triggered a re surge nce in layer-1 networks. Legacy blockchains like NEO’s GAS surge d by 182% last month. Can GAS outperform new projects like Galaxy Fox (GFOX)? NEO’s GAS surges 182% Neo is a blockchain network launched in 2016 as a scalability-focused alternative to Ethereum, sometimes called the “Chinese Ethereum.” GAS fuels transactions on Neo blockchain and also provides governance rewards for participants. Despite skepticism towards Neo rivaling struggling predecessor EOS, GAS has recently seen a notable price surge . This comes as Neo prepares to launch an Ethereum Virtual Machine (EVM)-compatible sidechain to improve interoperability. You might also like: Kraken is investigating erroneous transactions  Because all activity on this new sidechain requires GAS to pay fees, investors anticipate substantially increased GAS utility an...

Mina’s surge was fueled by Upbit’s listing and KRW pairing. Bluzelle surge is fuelled by whale accumulation and gaming activity in GAMMA 4. The Conflux surge is fuelled by its expansion efforts in the UAE. In a whirlwind of market activity, three cryptocurrencies – Mina (MINA), Bluzelle (BLZ), and Conflux (CFX) – have recently experienced significant double-digit surges in their token prices. This extraordinary growth is closely tied to their involvement in the rapidly expanding world of Web3, each capitalizing on different aspects of the decentralized web. Mina rides high on Upbit listing and Korean expansion Mina Protocol’s native token, MINA, has surged by an astounding 81.25% in the past 24 hours to trade at $0.7487 at the time of writing. MINA price chart   This remarkable growth came hot on the heels of Upbit’s announcement that it would introduce a Korean won (KRW) trading pair for MINA. Upbit, South...