Blockchain 

Telegram Releases Eagerly Awaited Update on Future of TON

Messenger app Telegram has released a long-awaited update on the future of its TON blockchain and its native Gram tokens, clarifying certain aspects of the project as it remains embroiled in a lawsuit by the US Securities and Exchange Commission as to whether two ICOs conducted in 2018 should have been registered with the commission. Telegram messenger is an immensely popular platform in the world of crypto, central to the discourse on the topic, and has been working on developing its own blockchain since 2017. Multiple rumors have been spreading…

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Cryptocurrency 

Telegram Investors Stick With TON Plans Despite SEC Injuction

Telegram investors have turned down the offer of a refund on their investment in the TON ICO despite an injunction by the SEC delaying the launch of the network. Telegram, which is an important part of the crypto ecosystem due to its encrypted communication abilities, has been embroiled in a dispute with the US Securities and Exchange Commission, which argues that its planned blockchain, Telegram Open Network (TON), is a security, meaning the ICO was actually illegal. The commission issued an injunction last week preventing the company from launching TON…

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Cryptocurrency 

Telegram to Delay the Launch of TON Due to SEC Meeting

Over the past few years, Telegram has become an important part of the crypto ecosystem due to its use as a communication platform for traders as well as market enthusiasts. Hence, it did not come as a complete surprise when the encrypted messaging service platform announced the launch of its own blockchain, the Telegram Open Network (TON). Major Details However, it seems to have run into issues with the all-powerful Securities and Exchange Commission. In a new development, the company told its investors that the date of the launch is…

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Blockchain 

Telegram to Launch Its Telegram Open Network (TON) in October

Telegram has indicated that the Telegram Open Network (TON) could launch at the end of this month. On Wednesday, in an email to TON investors, the firm indicated that the launch is on track as planned earlier. TON Could Be Ready by October 16 The CTO of TON Labs, Mitja Goroshevsky, confirmed the information indicating that TON Labs will be responsible for running and managing the validation pool. TON Labs is a startup tasked with the responsibility of creating tools for TON developers. Investors will receive the TON key generation…

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Cryptocurrency 

Telegram to Release TON Blockchain Code on September 1

Telegram will release the code required to run a Telegram Open Network (TON) node on September 1, according to individuals close to the project. The news was confirmed by two individuals familiar with the project, an investor and an affiliate with TON labs. There has been a high level of secrecy around the project, and some analysts have previously raised concerns regarding the lack of activity from Telegram on advancing its proposed blockchain. Francois Pouliot, a prominent crypto analyst, said, “Is the real use-case of blockchain technology the elaboration of…

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