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TON Secures Massive Funding from MEXC to Boost Web3 on Telegram

The TON Foundation has formed a strategic partnership with MEXC, aiming to advance global Web3 accessibility and reduce entry barriers. Decentralized blockchain platform The Open Network (TON), initially designed by Telegram, has recently secured major funding from the crypto exchange MEXC. Venture Capital arm MEXC Ventures has pumped a total of 8 figures into TON, as per the announcement on Wednesday, October 4. As a result of the funding, TON Foundation has entered into a strategic...

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Telegram’s Wallet Rolls Out In-App Crypto Payment Options, Offering New Opportunities for Merchants

CoinspeakerTelegram’s Wallet Rolls Out In-App Crypto Payment Options, Offering New Opportunities for Merchants While certain jurisdictions impose restrictions, Wallet's initiative aims to provide users with a seamless and convenient way to engage in digital asset transactions.  Telegram’s Wallet Rolls Out In-App Crypto Payment Options, Offering New Opportunities for Merchants

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TON Introduces Messaging Encryption Functionality on Its Blockchain

CoinspeakerTON Introduces Messaging Encryption Functionality on Its Blockchain When conducting transactions on the TON blockchain, users can include text messages and expect their information to be secure. End-to-end encryption ensures that the messages are not accessible to anyone else. TON Introduces Messaging Encryption Functionality on Its Blockchain

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Orbs Debuts Permissionless Beta Launch of DAO Solution – TON.Vote

As the permissionless beta launch of TON.Vote. goes live, Orbs’ L3 Guardians technology will be required to boost security.  Layer-3 infrastructure network for Decentralized Applications (DApps) Orbs has announced the permissionless beta launch of TON.Vote. According to the Press Release shared with Coinspeaker, TON.Vote is the new Decentralized Autonomous Organization (DAO)-based governance solution for The Open Network (TON).  According to Orbs, any TON-based project focused on infusing...

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TON Steward Announces $126M Rescue Fund to Attract More Projects

The TON Foundation’s rescue fund will help projects experience liquidity problems amid the recent collapse of the crypto exchange FTX.The TON Blockchain platform, initially developed by social media giant Telegram, is now on a new journey in the crypto space. On Wednesday, November 30, the stewards of the TON network announced a new rescue fund with an initial commitment o $126 million.The TON network said that the fund will help projects experience liquidity problems amid the recent collapse...

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Telegram’s Toncoin (TON) Up 17% as Rival WhatsApp Crashes

TON may be the highest gainer for today, having surged by over 17%, but it is not the only coin surging at the moment.It appears that the Telegram-based Toncoin (TON) cryptocurrency is riding on the waves of rival WhatsApp’s recent misfortune. This follows after the cryptocurrency started seeing gains following the earlier crash of WhatsApp messenger.  As of publication, Toncoin (TON) is up by over 17% in the last 24 hours, per CoinMarketCap data.It is noteworthy, however, that the impact of...

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Telegram to Auction Usernames on TON Blockchain

Cross-platform, cloud-based instant messaging service Telegram has announced that it will auction usernames on TON.According to reports, Telegram plans to auction usernames on The Open Network (TON) blockchain. This decision comes two months after Telegram founder Pavel Durov first floated the idea. A message on an official channel belonging to the dual-headquartered platform read that “a few weeks ago, the founder and CEO of Telegram announced the upcoming ability to buy and sell unique and...

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Cameroon, the DRC, and Other Countries Turn to Blockchain Solutions

Several countries in Africa – including Cameroon, the Republic of Congo, and the Democratic Republic of the Congo (DRC) – are preparing to adopt cryptocurrency as legal tender and implement blockchain solutions as a means of revamping their economies. All three countries are also looking at The Open Network (TON) as the leading blockchain network to lead them into a digital future. Cameroon, the DRC, and Other Countries Take to Crypto In addition, the DRC has stated that...

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