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A crypto rewards platform called Freeway.io has notified users that it decided to reallocate capital in order to “manage exposure to future market fluctuations and volatility.” In doing so, users are unable to withdraw funds from the platform, and the Freeway team explained that amid the reallocation process, the team could not comment further. Crypto Rewards Platform Freeway.io Pauses Withdrawals, Project Accused of Being a Ponzi Scheme The crypto community is dealing with another rewards platform that has decided to halt withdrawals amid a decision to reallocate funds. On October 23, the crypto rewards company Freeway.io, formally called Aubit, published a notice to customers that claims foreign exchange (FX) and crypto markets were experiencing “unprecedented volatility.” In order to protect itself from wild fluctuations , it decided to reallocate the company’s funds in order to ensure “the long term sustainability and profitability of the Freeway Ecosystem.” Freeway.io’s ...

Disclaimer: The Industry Talk section Features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. Elon Musk, the billionaire industrialist and Dogecoin enthusiast, has launched a new fragrance that can be purchased using Dogecoin.  Can this be the catalyst for DOGE’s jump, especially with the market's bear run?  DOGE Price Movement DOGE, one of the best meme coins, has been bearish for the past few days. The digital asset currently trades at $0.06045. Although DOGE has pumped by 0.38% in the past 24 hours, its weekly price peg indicates a downtrend of 7%. DOGE’s technicals show that the crypto asset currently trades above all of its short-term moving average (MA) indicators; however, its 100-day and 200-day MAs ($0.06070 and $0.0609) are above its current price.  With a positive moving average convergence divergence (MACD), DOGE indicates a buy signal. In addition, the crypto asset 's relativ...