Telegram Rebuffs in Court SEC’s Claim that Gram Token Is a Security

Telegram Rebuffs in Court SEC’s Claim that Gram Token Is a Security

The secure messaging app giant Telegram has asked the US court to dismiss allegations placed on the company regarding its Gram token being security by the Securities and Exchange Commission (SEC). The company drafted a court filing, detailing its case and rebutting the list of imputations hurled on the firm by the SEC, which was then submitted on Tuesday. The filing states that the plaintiff’s claims were not based on any merit as Telegram’s private…

Read More

Telegram Open Network Investors Decide Not to Demand Refunds

Telegram Open Network Investors Decide Not to Demand Refunds

A majority of investors from both rounds of financing of the blockchain-powered Telegram Open Network (TON) project have opted not to take refunds from the company. During the two rounds of financing, Telegram gathered $1.7 billion ($850 million from each round). TON was due for opening on 31st October but after a court ruling, the US Securities and Exchange Commission (SEC) obtained a temporary injunction against Telegram Group Inc. and its subsidiary TON Issuer Inc.,…

Read More

The SEC Pulls the Plug on the Sale of Telegram Open Network’s Gram Token

The SEC Pulls the Plug on the Sale of Telegram Open Network’s Gram Token

We may have to wait longer for the ‘world’s most anticipated token,’ as its website claims. The SEC has officially ordered Telegram to ground the initial coin offering (ICO) of its highly anticipated blockchain project, Telegram Open Network (TON) . The revelation of Facebook’s digital currency Libra brought about a deep awakening among big tech companies – including social media platforms. One of such big names to catch the bug and perhaps accelerate its crypto…

Read More

New Report Sheds Light on how Terrorists Exploit Cryptocurrency

New Report Sheds Light on how Terrorists Exploit Cryptocurrency

A first of its kind 250-page report by Middle East Media Research Institute (MEMRI) revealed how cryptocurrency is being used to operationalize terrorism around the globe by supporting the fighters, their families, purchasing equipment. The report was published at a critical time when the Financial Action Task Force, under the wing of the G20, has asked member countries to act on its new guidelines on how to handle cryptocurrencies. The comprehensive report chiefly focuses on…

Read More

Telegram Schedules to Launch Gram Cryptocurrency by November

Telegram Schedules to Launch Gram Cryptocurrency by November

As the launch of Facebook Libra looms, another social networking company has decided it’s finally the time to launch its own cryptocurrency. Telegram, a messaging application known for its speed and security, will try to beat Facebook to the punch with a roll out of its long-awaited Gram cryptocurrency. Apart from the digital coin, Telegram is also aiming towards launching its own digital wallet for its 200 to 300 million users. Following in the footsteps…

Read More

Initial Price of Telegram’s Gram Will Be 3X than in 2018 ICO

Initial Price of Telegram’s Gram Will Be 3X than in 2018 ICO

One of the messaging giants Telegram is on its way to bring the public issue of its Gram token at some point in October 2019. The proposed sale will kick start on 10th of July through Japanese cryptocurrency exchange Liquid. Bloomberg reports that Gram Asia will sell rights to its Gram holdings at $4.00 per token, which is three times as much as the original $1.33 ICO sale price in 2018. This clearly indicates that…

Read More

Telegram’s Token Gram Will Go on Public Sale on Liquid Crypto Exchange

Telegram’s Token Gram Will Go on Public Sale on Liquid Crypto Exchange

Telegram, the messaging app giant, is putting its Telegram Open Network (TON) token, Gram, on public sale and it will be exclusively available on the fiat and crypto exchange Liquid. Now, a limited sale of the Gram token will take place on the Liquid exchange on July 10. The cost of the token and the targeted total for the raise are not being disclosed as of yet. The sale is being made by Gram Asia…

Read More

Telegram Open Network to Scale Up Transactions via Sharding Based on Ethereum 2.0 and Polkadot

Telegram Open Network to Scale Up Transactions via Sharding Based on Ethereum 2.0 and Polkadot

Blockchain has been mocked for several shortcomings including price volatility, lack of standard regulation, and inability to process as many transactions as credit cards or debit cards. Well, Telegram’s TON team took it upon themselves to eliminate the last drawback by creating a medium to allow for millions of transactions at the same time. Telegram Open Network’s (TON) dApp developers (of the BUTTON Wallet) revealed last week that they plan on using sharding to scale…

Read More

Internal Note: Telegram Open Network (TON) to Roll Out in Q3 2019

Internal Note: Telegram Open Network (TON) to Roll Out in Q3 2019

Telegram, the encrypted messaging service, revealed in an internal note that Telegram Open Network (TON) will be launched in Q3 this year. The report was first published on the crypto news outlet, The Block. More and more companies are adopting blockchain technology and implementing their own solutions to take advantage of the new realm of possibilities opened by this revolutionary technology. In an internal memo sent to investors, Telegram reportedly revealed that the network would…

Read More

Russia’s Social Networking Giant VK Plans on Creating its Own Cryptocurrency

Russia’s Social Networking Giant VK Plans on Creating its Own Cryptocurrency

The emergence of cryptocurrency in social media platforms is one that we have played with in time past. A number of social media platforms have risen up to the task, as Facebook and Telegram are probably the most significant one; however, they are yet to clinch the deal to make this present-day dream a full reality. Last year, Facebook announced its intention to create its own crypto coin that would be functional on the platform….

Read More
1 2