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Tag Archives: Telegram

Telegram Officially Drops TON As Vicious Circle Comes to Its End

Telegram has announced it will be ceasing all active involvement with the TON blockchain. The CEO of Telegram, Pavel Durov, announced the news in a Telegra.ph post on May 12, 2020, which declared Telegram’s work with TON officially finished. Durov announced:“I am writing this post to officially announce that Telegram’s active involvement with TON is over.”The news comes shortly after an independent group of developers decided to hard-fork away from Telegram’s version of TON. The newly created...

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Free TON Forks to Decentralized Independence in Telegram Token-sale’s Departure

The TON blockchain marked its independence day on May 7, after a group of developers hardforked the code initially meant to be used exclusively by Telegram.As Telegram remains embroiled in a legal saga with the United States Securities and Exchange Commission (SEC), an independent group of validators and developers elected to bypass the regulatory furor by launching the open-source Free TON.TON’s Declaration of DecentralizationTaking advantage of a loophole that may be the first of its kind,...

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Telegram Postpones The Release Of Gram Tokens Until April 2021, Offers To Refund Investors

The popular messaging application Telegram has delayed the release of its Gram tokens until April 2021 due to the pressure inserted by the SEC and US district courts. The company is offering two options for investors to reimburse their investments or to allocate them into the messaging app.Telegram Postpones GramPavel Durov’s company has sent a letter to all Telegram Open Network (TON) investors – the blockchain network behind the future cryptocurrency Gram. The token will not be issued by...

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Telegram Loses Latest Battle Round with the SEC Over Gram Tokens

Encrypted messaging service Telegram is putting up a fight with the Securities and Exchange Commission (SEC).Telegram Is Duking It Out with the SECThe company is in hot water after the government organization claimed Telegram had failed to properly register a token offering a few years ago that resulted in more than $1 billion in revenue for the messaging service. The enterprise made quite a bit of money after promising delivery of its new “gram” tokens to several individual investors, though...

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Telegram Can’t Sell GRAM Tokens Even Outside The US, Judge Clarifies

Telegram cannot sell Grams outside of the U.S. either, even after the company argued that the tokens wouldn’t reach American investors. New York Judge, however, found those claims insufficient as Telegram couldn’t adequately address them.Telegram’s Issues Spiral OnAs Cryptopotato reported last week, U.S. District Court officially halted the Gram tokens sale following a lawsuit filed by the Securities and Exchange Commission (SEC).Telegram, the firm behind the future blockchain-based project,...

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Telegram vor ungewisser Zukunft

Schnelles und sicheres Messaging verspricht Telegram mit seinem Blockchain-Projekt. Die aktuelle Lage bedroht nun jedoch dieses Projekt und könnte es zum Aufgeben zwingen. Es wird berichtet, dass bereits einige Großinvestoren ihr Investment zurückfordern, was in der momentanten Finanzlage Telegram zerstören könnte.Crypto News: Telegram vor ungewisser ZukunftEine russische Seite berichtet, dass die Investoren abspringen und das Telegram Open Network (TON) verlassen wollen. Angeblich haben sie...

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Telegram Won’t be Able To Issue GRAM For Now, As Court Sides With SEC

The popular encrypted messaging application Telegram won’t be able to issue its GRAM tokens, for now. This becomes clear as a US District Court granted an injunction against the company in its lawsuit filed by the Securities and Exchange Commission (SEC).Howey Test Positive: GRAM Are SecuritiesTelegram’s GRAM sale has been officially halted following a lawsuit filed by the US Securities and Exchange Commission. According to a document issued by a United States District Court on March 24, the...

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Telegram Investors and Developers Build Organization to Defend TON from SEC

Telegram investors and developers created a foundation within the TON ecosystem to defend the project from the SEC. The TON Foundation participants, not Durov brothers, will manage funds and code.While the SEC is preparing to destroy Telegram for avoiding the U.S. securities law, Telegram keeps receiving help from unexpected parties. This time, Telegram’s key investors have formed a circle for coordinating the development of the network. They have no connection to Nikolai Durov and Pavel...

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Telegram Pushes Forward the Launch of TON Blockchain Despite Fierce Legal Battle with the SEC

The Telegram founders are working on the TON blockchain despite the SEC keeps the hunt for presumably one of the dollar’s possible competitors.Telegram team has released a document that is useful if you plan to create a website running on the TON blockchain. The document suggests that TON users may want to create some websites to refer friends and clients to their projects. Unlike the usual sites, these are not working over HTTPS or HTTP protocol. The system is using ADNL to differ the...

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Token Sales May Have 3-Year Safe Harbor Period, Offers SEC Commissioner Hester Peirce

While a digital asset may look like a security at first, it could potentially become decentralized enough in the following years to no longer resemble a security. Bearing this principle in mind, SEC commissioner Hester Peirce has proposed a safe harbor period for token sales.The official at the Securities and Exchange Commission (SEC) Hester Peirce, named “CryptoMom” by the crypto community, suggested a so-called ‘safe harbor’ for all upcoming token projects. Her opinion is that this could...

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