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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. 

News
As the official Telegram Open Network is being prepared to shut down on Aug. 1, global TON technology projects continue progressing.
China’s TON Spin-Off Launches Testnet and Token Airdrop
Helen Partz
2020-07-28T13:48:00+01:00
5061
News
Whale Alert’s crypto transactions are still available on its Telegram channel, but its Twitter profile has been hampered for the time being.
Whale Alert Can No Longer Tweet Due to Twitter’s Anti-Hack Measures
Helen Partz
2020-07-16T13:48:00+01:00
4262
Follow up
Telegram ceases its support of the test network for TON, but that will seemingly not deter the community from keeping the open-source project going.
Telegram Drops TON Testnet, but Independent Projects Carry New Hope
Stephen O'Neal
2020-07-14T19:05:00+01:00
4543
Hodler’s Digest
Bitcoin has practically turned into a stablecoin, Dogecoin has experienced a huge resurgence in popularity, and Coinbase might be preparing to list on the stock...
Dogecoin Surges, Coinbase Rumors, Brave Legal Threats: Hodler’s Digest, July 6–12
Thomas Simms
2020-07-12T22:00:00+01:00
28959
Analysis
Crypto regulation in 2020: The U.S. tightens regulation of crypto, while India has finally allowed banks to get involved with firms.
How the US and Europe Are Regulating Crypto in 2020
Elena Perez
2020-07-12T15:30:00+01:00
15981
News
SEC Commissioner Hester Peirce wants to see new crypto projects get a fair shake at U.S. capital markets.
SEC’s Cryptomom Peirce Believes US Capital Markets Can ‘Transform People’s Lives’
Kollen Post
2020-07-07T19:45:00+01:00
1964
News
Users will need to install their own testnet validators to continue using the network.
Telegram Will Shut Down the TON Testnet by August 2020
Helen Partz
2020-07-07T00:38:00+01:00
9796
News
Russian prosecutors are reportedly investigating a British firm that allegedly sold fraudulent Gram tokens.
Russia to Reportedly Investigate an Allegedly Fraudulent TON Offering in UK
Helen Partz
2020-07-03T16:17:00+01:00
5855

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