Stay informed with Blockchain Today. Enable desktop notifications.

TON Crystal (TON) News



Telegram

Investors of TON launched a lawsuit against Telegram

by

As many experts expected, investors in the TON crypto project initiated a lawsuit against Pavel Durov’s team. Oleg Zhelezko, representing the investment fund Da Vinci Capital, told RBC that the claim will be considered by a London court. The fund manager emphasized that the plaintiffs consider...

TON

Investors of the TON project demand payment of compensation

by

Back in the spring of 2020, the founder of Telegram, Pavel Durov, announced the closure of the TON blockchain project, which was supposed to become one of the largest in the cryptocurrency industry. At the same time, the team of the messenger creators announced their readiness to return the funds...

Telegram

Telegram will disconnect TON test network by August 2020

by

Even though in May 2020, Telegram stopped working on TON blockchain, the TON test network has been working for almost a year. On July 6, an official group of developers of the TON test network announced that it would stop supporting it. By August 1, the remaining validators of the TON test network...

TON

Gram token trading company may be fraudulently accused

by

Concerning the British company that was engaged in the trade of Gram tokens, Russian law enforcement agencies may initiate a fraud case. The case may be initiated based on a statement by a group of investors of the Telegram Open Network crypto project. They turned to the Investigative Committee for...

TON

American TON investors won't get 110% refund in 2021

by

The team of Pavel Durov decided to ban American investors from participating in the TON crypto project for another year. In specific, it was stated that Telegram sent a letter to American investors, in which it stated that they could not remain for another year in the TON project. Thus, US players...

SEC Gram token security

New York court recognizes Gram tokens as securities

by

A court in the Southern District of New York recognized Gram tokens as securities and forbade transferring them to buyers who acquired IPO rights at the beginning of 2018. A preliminary court decision was made on Tuesday, March 24, and can be appealed. The court agreed with the position of the US...

Telegram SEC John Hyman

Telegram investor confirms SEC's arguments against platform

by

The US Securities and Exchange Commission has taken evidence from former Telegram investment adviser John Hyman. He said that in 2018 Telegram sold investment contracts for Gram tokens not only to TON platform investors but also to underwriters who were involved for wider distribution of tokens....

Catchain algorithm

Telegram reveals details about Catchain consensus mechanism

by

Telegram co-founder Nikolai Durov published a description of the TON consensus protocol called Catchain. According to the document, Catchain is a Byzantine generals task algorithm (BFT) executed on the PoS blockchain, which generally resembles the protocols adopted in NEO or Cosmos. BFT provides a...

Telegram Open Network

Amid legal controversy, TON explorers are already available

by

Operating blockchain explorers are ready for TON's testnet, notwithstanding the SEC's lawsuit that made Telegram delay the mainnet start. Blockchair declared the construction of a user-oriented option to Telegram's version. Telegram Open Network gathered over $1.7B in a private ICO in 2018. It...

Pavel Durov

Pavel Durov was interrogated in Dubai for two days

by

It was supposed that Pavel Durov is going to be interrogated in Dubai on January 7 and 8, and it actually happened. The transcript of the interrogation follows from the document in which Durov explains to the lawyers of the US Securities and Exchange Commission (SEC) how much money he spent on...

TON investors Gram

Russia, Israel, Pavel's Fan Club: who are TON's investors

by

The US Securities and Exchange Commission (SEC) repeatedly appealed to the court with a request to receive evidence from John Hyman, whom Pavel Durov Telegram CEO called the chief investment adviser of the company and the person “involved in the distribution of Gram tokens”. It is reported by...

TON developers Telegram

Telegram will pay $235000 to developers of solutions for TON

by

Representatives of the Telegram messenger reported that a prize fund of $235,000 will be distributed among 41 participants in the TON project solution developers contest. The largest winnings $28,750 will be received by Sexy Chameleon, who worked on asynchronous payment channels and a multisig...

Telegram Open Network wallet

Despite SEC lawsuit, Telegram released test crypto wallet

by

Telegram, a popular messenger which decided to turn a blockchain corporation, has issued a test version of a desktop crypto wallet for its “gram” token. From the official website users of Windows, Mac OS and Linux can download the wallet and get their keys on TON testnet. The wallet...

TON investors refund

TON investors don't demand back money invested in project

by

Investors of both rounds of financing the TON project, by a majority vote, refused to demand a return on the money invested in the project and agreed to wait until the blockchain platform was launched until April, Forbes sources said. Investors in the TON blockchain platform approved the delayed...

TON GRAM Coinbase

Coinbase custody adds TON's GRAM token support

by

The custodial division of Coinbase announced its readiness to add support for GRAM tokens of the upcoming Telegram Open Network project. In addition to GRAM, Coinbase Custody is going to add Solana (SOL) and Orchid (OXT) coins after launching the respective networks. Company representatives...

Telegram Open Network

TON blockchain is near to a planned launch in late October

by

Telegram Open Network addressed emails to its investors from which it’s becoming evident that the blockchain is near to a projected launch. Chief Technology Officer of TON Labs Mitja Goroshevskiy confirmed the talks about an email and added that the startup is going to run and control TON’s...

Coinbase listing TON

Coinbase named new listing candidates: GRAM, DOT and others

by

American exchange Coinbase is considering listing 17 new tokens on its platform, including Gram from Telegram. In addition to Gram, the list of candidates included digital currencies of Avalanche, Celo, Chia, Coda, Dfinity, Filecoin, Handshake, Kadena, Mobilecoin, NEAR, Nervos, Oasis, Orchid,...

Telegram is testing an Ethereum-compatible blockchain

Telegram is testing an Ethereum-compatible blockchain

by

Telegram Open Network the most foreseen project of the famous messenger app is being openly tested. It’s declared that TON is going to be designed so it can adapt to Ethereum. This option is going to facilitate users porting smart contracts into the innovative system. Telegram is one of the fast...