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Verizon outage reports hit 7,531 on Thursday night, sparking concerns about network reliability as the telecom giant’s partnership with GE Vernova faces increased scrutiny. The Verizon down spike affected major cities and raised questions about infrastructure stability at a critical time. Verizon outage map across US – Source: Verizon Verizon Down Reports Surge Amid GE Vernova Partnership Fallout The Verizon outage peaked around 8 AM, with connectivity issues reported across New York, Detroit, Chicago, and other metropolitan areas. Network monitoring systems tracked the surge in complaints throughout the night, and the disruption lasted several hours before service was gradually restored. 24-hour Verizon outage report graph – Source: downdetector.com Fiber Optic Vandalism Adds to Network Concerns Fiber optic vandalism in Los Angeles County compounded the Verizon outage issues, with deliberate infrastructure attacks targeting multiple sites. These incidents highlight on...

Five Russians accused of processing at least $37 million in illegal crypto transactions as part of a money laundering operation have been arrested by police in Georgia. Georgia’s Ministry of Finance revealed the arrests, made in coordination with the Georgian Prosecutor General’s Office, on Thursday.  The group allegedly ran a crypto transfer service in Georgia without registering with the country’s national bank and was accused of “legalizing illegal income.”  According to authorities, in the past few months, it’s processed crypto transactions worth hundreds of millions of Georgian Lila. One hundred million Lila is equal to about $37 million.  Users were also offered a “courier” service that would allegedly transport foreign currency across the border, dodging authorities, before converting the funds into crypto.  Footage of the seized funds taken by Georgian authorities. Read more: Has Garantex-linked Grinex dodged sanctions to move $6 bil...

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As the cryptocurrency market continues to search for a breakout after the October 10 crash, several assets are overstretched with increased trading activity.  However, this capital inflow has pushed some assets into overbought territory, with relative strength index (RSI) readings surpassing the 70 threshold.  Notably, assets in this overbought zone may be poised for a possible correction or consolidation in the coming sessions. PAX Gold (PAXG) PAX Gold (PAXG) is trading around $4,213.22, elevating its 24-hour RSI to 87.16, well above typical overbought levels.  PAXG RSI and price chart. Source: Coinglass Traders are loading into PAXG heavily amid the ongoing gold rally, as spot gold is being bid aggressively amid macroeconomic uncertainty.  This heightened interest is compressing volatility to the upside and pushing momentum indicators like RSI into extreme zones.  Notably, the sheer volume of capital flowing into PAXG leave...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

After Donald Trump revived a tariff war with China on Friday, crypto markets lost more than half a trillion dollars worth of market capitalization. Less than 30 minutes after Trump’s 4:50pm post to Truth Social, the total market cap of crypto assets crashed $600 billion from above $3.9 trillion to $3.3 trillion. In the midst of the panic, thousands of assets momentarily lost half of their value. Stomach-dropping candlesticks incinerated 99% at their worst. Cosmos, for example, slipped 99.9% from over $3.90 to $0.001 on a tether (USDT) trading pair. It had partially recovered above $3 by Saturday. Ravencoin also flash-crashed 99.9% on Binance’s USDT trading pair, dropping from $0.011 to $0.00001 in under 20 minutes. As Trump floated additional tariffs of 100% after China threatened rare earth export restrictions, investors panicked into safe havens like gold and out of risk-on assets like crypto. Polkadot plunged 83% during the panic from $3.79 to below $0...

Global cryptocurrency markets surged on Sunday, adding $180 billion in value after the geopolitical scare between the United States and China turned out to be a misunderstanding over the next tariff policy. As of press time, the total crypto market capitalization stood at $3.87 trillion, up from $3.69 trillion just 24 hours earlier. Global crypto market cap chart. Source: CoinMarketCap Cryptocurrencies leading this rebound included Bitcoin (BTC), which rose 2% to trade above $114,000, while Ethereum (ETH) gained nearly 8%, reaching $4,139. Binance Coin (BNB) led major gainers with a 12.34% jump to $1,297, while Solana (SOL) surged 6.19% to $195. XRP also moved higher by 1.32%, changing hands at $2.52. Top cryptocurrency performance. Source: Finbold Tariff tensions easing  The rally came after Beijing issued a late-night clarification on its rare earth export controls, saying the new measures were not an outright ban and that export applications “meeting...