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The recent news of the Telegram founder arrested in France has sent shockwaves through the tech and cryptocurrency worlds. This unexpected development led to a sharp decline in the TON coin’s value, dropping over 10% in a single day, raising questions about the future of Telegram and its cryptocurrency.
In July 2024, a cyberattack on WazirX resulted in a $230 million loss, sparking a blame game ( WazirX vs Liminal ). Accusations and denials have flown, highlighting security vulnerabilities and raising questions about the reliability of third-party custodians in the crypto industry.