Category: Telegram News

Telegram News is the category where you can discover the most interesting news about Telegram. Telegram is a cloud-based encrypted messaging service with over 400 million users, founded in 2013 by Pavel and Nikolai Durov. The Telegram chat software has become a popular choice for individuals seeking safe communication channels, much to the chagrin of governments and regimes throughout the world, due to its supposed security and strict commitment to ideals of censorship-resistance and privacy. The Telegram Open Network, or TON, caused a stir when the business revealed it was developing a blockchain and cryptocurrency system. The goal of the project was to overcome existing blockchain scalability issues and integrate TON into its 400-million-plus user base. In early 2018, the project raised $1.7 billion in an initial coin offering (ICO) through numerous rounds of private sales. The United States Securities and Exchange Commission rapidly took notice of TON as the largest crowdsale in the area to date. The SEC halted the distribution of TON’s GRAM tokens to investors as the network was about to launch, citing the assets as an unregistered securities offering and casting doubt on Telegram’s intentions, given that the Durov brothers had essentially funded the platform without baking in any revenue model. Since then, the TON codebase has been open source, with other projects filling up the slack. The SEC vs. Telegram case has far-reaching consequences for bitcoin regulation in the future.

Keep an eye out for latest news.