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. 

New Year Special
Bitcoin and Ethereum are not part of the surprising list of five best and worst-performing cryptocurrencies for 2022.
Top 5 crypto winners (and losers) of 2022
Yashu Gola
Telegram has increased its security features by enabling support from anonymous blockchain-based numbers that go for around $16.
Telegram to allow no-sim accounts via anon-blockchain-numbers
Brian Quarmby
The messaging platform is building a set of decentralized tools, including noncustodial wallets and decentralized exchanges.
Telegram founder wants to build new decentralized tools to combat power abuse
Ana Paula Pereira
Independent developers from The Open Network community developed a Telegram bot for trading and transferring cryptocurrency.
TON Telegram integration highlights synergy of blockchain community
Anthony Clarke
The popular messaging app launched a new marketplace on the TON blockchain, on which it plans to auction off rare user handles.
Telegram launches marketplace to auction rare username handles
Savannah Fortis
As WhatsApp goes down once again, there are a number of alternative platforms that are popular alternatives in the cryptocurrency space.
WhatsApp down again? Google searches spike after the outage
Gareth Jenkinson
Telegram said that the development of its marketplace is almost finished, and a launch date will be announced soon.
Telegram username auction marketplace 'almost' ready to launch
Prashant Jha
“Imagine how successful Telegram with its 700 million users could be if we put reserved usernames, group and channel links for auction,” the Telegram founder wr...
Telegram founder suggests ‘NFT-like smart contracts’ to auction usernames
Brian Quarmby

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