News
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
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Telegram News
Founded in 2013 by Pavel and Nikolai Durov, Telegram is a cloud-based encrypted messaging service with over 400 million users. Through its purported security and strict adherence to principles of censorship-resistance and privacy, the Telegram messenger app has become a popular choice for individuals seeking secure communication channels, much to the dismay of governments and regimes around the world.
The company made waves when it announced that it was building a blockchain and cryptocurrency system, called the Telegram Open Network, or TON. The project sought to address the scalability bottlenecks of existing blockchains and integrate TON into its 400-million-plus user base. In early 2018, the project raised $1.7 billion through several rounds of private sales in an initial coin offering.
As the largest crowdsale in the space to date, TON quickly caught the attention of the United States Securities and Exchange Commission. When the network was about to launch, the SEC halted the distribution of TON’s GRAM tokens to investors, citing the assets as an unregistered securities offering and questioning Telegram’s intent given that the Durov brothers had essentially been funding the platform without baking in any revenue model.
The TON codebase has since become open source, with other initiatives picking up the torch.
The SEC vs. Telegram case has vast implications for the future of cryptocurrency regulation moving forward.
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The co-founder of Telegram-based crypto project Blum, Vladimir Smerkis, is in custody in Moscow over accusations that he committed large-scale fraud, TASS reports.
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Haowang Guarantee, formerly Huione Guarantee, has announced that it will cease operations following a massive Telegram purge of merchant accounts.
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With 72M+ users and addictively simple gameplay, TapSwap is more than just a crypto fad — it’s evolving into a full-scale blockchain gaming platform.
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The viral Paws Telegram Mini App behind the tap-to-earn craze has migrated from TON to Solana, launching a new token and expanding into NFTs, DeFi and Web3 gaming.
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An Israeli-Russian citizen alleged to be behind the $190 million Nomad bridge hack is reportedly being extradited to the US to face possible money laundering charges.
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Notcoin co-founder Vladimir Plotvinov told Cointelegraph that the tap-to-earn gaming era has come to a close as developers focus on creating fun games.
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Ethena will integrate its sUSDe stablecoin natively within TON under the name tsUSDe, offering support within custodial and non-custodial wallets.
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TON ecosystem participant Broxus launches TON Factory, a high-throughput dev platform with a purported 35,000 transactions per second, aiming to scale DEXs, games and DApps.
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We analyzed the performance of Telegram bots, AI agent bots and CEX/DEX bots to help traders decide which bot is best.
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Telegram would rather exit markets like France than allow encryption backdoors to private user messages, Telegram CEO Pavel Durov said.
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Messaging apps gather users’ data and violate their privacy. Session co-founder Kee Jeffreys says encryption and decentralization are the solution.
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Telegram-based fantasy football platform utilizes blockchain tech to improve transparency and fairness.
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By March, Telegram had 1 billion monthly active users, while TON blockchain had 41 million native accounts.
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Free speech advocates and crypto community members have voiced concern over what Durov’s case means in a wider context.
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