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A reduction in transaction costs by up to six times is an important step for the TON ecosystem. With lower costs, user activity has the potential to increase, ranging from asset transfers, application usage, to daily transactions. Telegram's support as the main validator can also strengthen trust, adoption, and long-term growth of the TON network in the future.
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Erick Trump suffers a loss of US$81.8 million despite record-breaking BTC production 😱
NEW YORK - American Bitcoin, a bitcoin mining and treasury company founded by Eric Trump, reported a net loss of US$81.8 million in Q1 2026, increasing from a loss of US$59.5 million in the previous quarter.
According to reports filed with the US securities regulator, revenue from mining activities decreased to US$62.1 million from US$78.3 million in Q4 2025, while the company's operating expenses reached US$150.7 million.
#GateSquareMayTradingShare
BTC-0.62%
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Tether Freezes $515 Million in 30 Days, 371 Tron and Ethereum Addresses Blacklisted
Based on data from the on-chain tracker BlockSec USDT Freeze Tracker, as of May 7, 2026, the issuer of the stablecoin Tether has reportedly blacklisted 371 wallet addresses in the past 30 days. The move involved freezing USDT funds worth approximately $515 million or equivalent to IDR 8.94 trillion.
The majority of the blocked addresses come from the Tron network, with a total of 329 addresses and frozen funds reaching around $506 million. Meanwhile, on the Ethereum network, 42 addresses have been blacklisted w
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Bitcoin drops to $79,000, warning signal or buying opportunity?
The price of Bitcoin is under pressure after weakening below $80,000 precisely at $79,000 on Friday (5/8/2026).
This decline occurred amid increasing global geopolitical risks after Iran rejected the peace proposal from the United States to end the conflict in the Gulf region.
This pressure triggered sell-offs across various risk assets, including cryptocurrencies.
Bitcoin's movement this time is considered more influenced by macro and geopolitical factors, not solely the fundamental issues of the crypto asset itself.
In
BTC-0.62%
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A number of tokens within the The Open Network (TON) ecosystem, including several TON-based meme coins, have recorded a price increase today.
This positive sentiment emerged after a network upgrade successfully significantly reduced transaction fees.
Telegram founder Pavel Durov stated that transaction fees on the TON network have now dropped up to 6 times and are approaching zero.
Additionally, Telegram has also been confirmed to play a major role as a validator in the TON network. This development is seen as strengthening TON's utility and opening up broader adoption opportunities within the
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LFG
Bykaranteli
TON eyes $1.45-$1.50 within 10 days as smart money accumulates; current setup hints ~11-15% upside with a ~70% chance if momentum holds $TON
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#Gate13thAnniversary Hopefully Gate.io continues to stay consistent in advancing cryptocurrency exchange technology.
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