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. 

After a TON ecosystem fund raised $250 million from a host of mainstream entities such as Huobi, Kucoin and MEXC, TON’s global adoption seems to be rapidly incr...
Four years on, Telegram’s former blockchain project gains ground in Africa
Shiraz Jagati
Russia should deploy cryptocurrencies and CBDCs for settlement and payments with Africa, the president of the Chamber of Commerce and Industry believes.
Russia should use crypto for payments with Africa, commerce exec says
Helen Partz
Cameroon, the Democratic Republic of the Congo and the Republic of the Congo announced plans to adopt the TON blockchain amid the TONcoin Fund launch.
New $250M TONcoin Fund targets DEX and NFT tools on TON blockchain
Helen Partz
Prices for crypto ads on Telegram have outstripped those for other topics like investment and trading, according to one study.
Crypto spawns most-expensive adverts on Telegram in 2021: Data
Helen Partz
Telegram CEO Pavel Durov is proud that the TON project is “alive and evolving” despite Telegram terminating TON last year.
Telegram-verified payments bot to accept Toncoin cryptocurrency
Helen Partz
A blockchain project believes it can achieve massive scalability while pushing the boundaries of decentralization.
Blockchain project becomes ‘one of largest social experiments in the world’
Connor Sephton
The investment round, which was led by Runa Capital and RTP Global, will go toward funding its decentralized blockchain network.
TON Labs raises $6M in support of Free TON blockchain
Sam Bourgi
Telegram's TON saga seems far from over as a disgruntled investor seeks compensation.
Report: TON investor demands compensation from Durov
Helen Partz

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