Jack Dorsey starts with the memories of the early days of Twitter. When it was decentralized and some people were saying they should continue that way. Yet, the dangers of the modern Internet influenced the development and Twitter was intensively centralized to solve several troubles.However, now Twitter CEO is seeing some new challenges and he claims that centralized social media cannot solve them. For instance, centralized enforcement of global policies cannot address abuse and misleading...
Read More »Telegram CEO and Founder Pavel Durov to Testify in SEC Gram Token Case
District Judge P. Kevin Castel of the New York Southern District Court, has signed a document which requires a deposition from three members of the Telegram team, as the case regarding its GRAM token sale continues. According to the document, Telegram founder and CEO Pavel Durov himself is expected to testify, along with two others.Dated Nov. 25, the document states that the depositions will begin on December 10 with Telegram employee Shyam Parekh. Although it doesn’t state Parekh’s position...
Read More »Telegram Starts $100,000 Data Clustering Contest for Developers
As on date, a massive amount of data and content is being created and shared every second on the internet. Messaging apps like WhatsApp, Messenger, and Telegram have been the hot mediums to move data. One of the major challenges these companies are facing today is to segregate the right information.With such massive data available, users are usually overwhelmed with excess data. Now, to enhance the user experience, messaging giant Telegram has come up with a new Data Clustering Contest for...
Read More »Investor Seeking Ripple’s Response over Ongoing XRP Sales
Ripple Labs Inc, and its CEO Brad Garlinghouse are enmeshed in a lawsuit with Bradley Sostack who is the court-appointed plaintiff in a lawsuit that argues that Ripples monthly Escrow sales of its token constitute illegal sales of securities.The filing which was made public on Monday indicates that the new claim was made as a result of Ripples’ motion to dismiss the suit in September. Ripple is basing its argument on the statute of repose where the plaintiff didn’t file any charges within the...
Read More »TON Investors Reject Any Refund Despite SEC’s Delay in Regulatory Approval
During the testing times for messaging giant Telegram, the investors of Gram tokens have decided to stand behind the company. As per the earlier plan, Telegram was all set to launch its Telegram Open Network (TON) Blockchain along with its native cryptocurrency.Telegram announced that soon after the launch, its investors who participated in Gram token sale year can sell them in open markets. However, in the last-minute restraining order, the U.S. SEC decided not to allow Telegram its Gram...
Read More »SEC’s Court Hearing on Telegram’s Gram Token Postponed to 2020
In what seems to be a continuing series of woes for Telegram and its TON blockchain, the United States District Court for the Southern District of New York has decided to postpone the hearing that will determine if the Grams token is a security or not to the 18th and 19th of February 2020.Though the company was doing its best to make its token publicly available, the United States Securities and Exchange Commission (SEC) made a couple of moves by dragging the messaging app to court on...
Read More »Telegram Argues that Its Gram Token Is Not Security
Telegram’s launch of its TON blockchain and GRAMS token has hit yet another brick wall because the United States Securities and Exchange Commission (SEC) has taken the issue of the launch of their tokens before a court. In a filing two days ago, the messenger app organization asked the United States District Court for the Southern District of New York to deny the SEC the preliminary injunction. Just for reminder, the SEC had asked for it a filing of its own last week requesting Telegram to...
Read More »Telegram to Delay TON Launch for Six Months due to Issues with SEC
Telegram has informed its investors that the TON blockchain project will be launched later than it was previously planned, six months later, exactly on April 30, 2020.In an email to investors Telegram said it had a lot of problems and ‘run-ins’ with the Securities and Exchange Commission (SEC), that came by with the restraining order made to forbid this messenger app company from launching TON and issuing its Gram tokens. SEC decided to treat Grams as unregistered securities.This email...
Read More »#730 Steemit Smart Media Token, TON erst 2020 & weltweite Krypto Regulierung
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 730. Heute geht’s um folgende Themen: Steemit startet Testlauf für Smart Media Token, Telegram verschiebt Start von TON auf 2020 & Zentralbänker verlangt weltweite Krypto Regulierung. 1.) Steemit startet Testlauf für Smart Media Tokenhttps://www.btc-echo.de/steemit-startet-testlauf-fuer-smart-media-token/ 2.) Telegram verschiebt Start von TON auf 2020 – Dialog mit den Investoren...
Read More »Telegram Might Postpone Issuing Its Gram Tokens till 2020
As we reported earlier, the long-awaited issuance of Gram tokens from Telegram on its Telegram Open Network (TON), was hit with a surprising roadblock when the United States Securities and Exchange Commission (SEC) deemed it unlawful and filed an emergency action as well as a restraining order against it.Even though the company is not based anywhere in the U.S., the SEC claims that Telegram not only failed to register properly but also was not entirely forthcoming with its investors, most of...
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