The TON blockchain processed over 46 million transactions last week, a significant surge fueled by the excitement surrounding the DOGS airdrop, according to the latest data shared by IntoTheBlock. This impressive activity highlighted the growing interest and engagement within the TON ecosystem, as users scrambled to participate in the airdrop, driving up transaction volumes to...Read More
The Open Network (TON) faced yet another setback this week, with its second major outage within 36 hours, which temporarily disrupted blockchain functionality. During this period, the TON network has endured over 12 hours of outages in total. TON Network Buckles Under Pressure The network went offline at 7:17 pm UTC on August 28, and...Read More
Several French government websites have been taken offline due to a denial-of-service (DDoS) attack reportedly connected to different hacker groups in retaliation for Telegram founder Pavel Durov’s arrest on the weekend. The 39-year-old exec was taken into custody under an arrest warrant alleging that his platform has been involved in money laundering, drug trafficking, and...Read More
After Telegram CEO and founder Pavel Durov was arrested by French authorities over the weekend, more details have emerged that shed light on the reason for his apprehension. On July 8, a judicial investigation was opened against “a person unnamed” on charges related to complicity with various offenses committed using Durov’s messaging app, including money...Read More
Pavel Durov, the founder and CEO of Telegram, was recently apprehended in Paris following an international arrest warrant issued by French authorities. The arrest stems from concerns over Telegram’s alleged lack of moderation, particularly in light of EU regulations such as the Digital Services Act. In response, Telegram issued a statement asserting the exec has...Read More
The TON blockchain recorded yet another milestone as the number of active addresses on the project’s Masterchain has surged to an all-time high of 946 daily. According to CryptoQuant’s latest analysis, this marks a more than sevenfold increase since July 2021, highlighting the growing popularity and adoption of the network. New Milestone for TON While...Read More
The Open Network and its native asset, Toncoin (TON) have gained tremendous traction among investors this year. This trend appears to be resilient despite the current market downturn. Over the past month, TON has recorded approximately 23% surge as it looks to reclaim its recently established peak above $8. As a result, this momentum has...Read More
Amidst increased network activity and the price rally of its native token, TON, The Open Network ecosystem is seeing a surge in phishing attacks. Unassuming users’ TON wallets are being lured through airdrops and other deceptive methods by attackers. Telegram Users With Anonymous Numbers At Risk Yu Xian – the founder of blockchain security firm...Read More
The Open Network (TON) blockchain’s total value locked (TVL) has surged since early March, surpassing $600 million. Within just three weeks, it has doubled to reach a record high, showcasing rapid growth and investor confidence in TON’s decentralized finance ecosystem. TON’s TVL Hits $600 Million According to DefiLlama data, TON’s TVL surged to over $605...Read More
Toncoin (TON), the native token of The Open Network blockchain, has emerged as one of the most popular Layer 1 cryptocurrencies. Since the beginning of 2024, its price has outperformed Bitcoin by a staggering 118%, as per the latest analysis by CryptoQuant. The on-chain analytic company has now stated that while US traders appear to...Read More
TON has emerged as one of the top-performing Layer 1 blockchains in 2024, according to the latest analysis by CryptoQuant. Demonstrating a remarkable 118% outperformance over Bitcoin since the beginning of the year, TON has stood out in stark contrast to other popular Layer 1 chains, which have struggled to gain momentum. Among major blockchains,...Read More
Toincoin (TON) has attracted considerable interest lately, experiencing a 138% surge year-to-date, reaching a new all-time high of $5.69. This development coincides with Telegram’s recent launch of a revenue-sharing initiative, enabling channel owners to earn 50% of advertising revenue through Toncoin. The Reasons Behind TON’s Rapid Rise The Toncoin token (TON) has experienced a notable...Read More
Prominent crypto exchange-traded product (ETP) issuer has announced the launch of 21Shares Toncoin Staking ETP. This new ETP aims to offer investors a regulated avenue to capitalize on the expansion of The Open Network, a platform facilitating applications such as Telegram, which boasts a user base exceeding 900 million in Q1 of 2024. 21Shares’ Toncoin...Read More
Bitrace has recently unveiled a concerning trend within the Telegram coin exchange robot ecosystem, primarily involving the TRC20 USDT cryptocurrency. This trend includes a substantial number of addresses associated with gambling, money laundering, stolen coins, and fraudulent activities, which can potentially taint innocent users’ addresses and expose them to financial threats. Bitrace Research Reveals Concerns...Read More
In response to a substantial hacking incident on October 31, Unibot, a decentralized trading platform, has confirmed total compensation for users negatively impacted by the event. Despite a recent decrease in the value of Unibot tokens, the company remains confident of a strong recovery. Unibot Makes Traders Full As per reports, the attack led to...Read More
Telegram chatbot Unibot has lost around $640,000 worth of digital assets after a hacker managed to exploit a vulnerability in the newly deployed contract. The team behind the protocol said that it is currently investigating the issue and will soon release a detailed response. PeckShield reported that the attacker transferred the pilfered cryptocurrency to Uniswap,...Read More
Maestro, one of the largest Telegram bot projects in the crypto ecosystem, fell victim to a critical security breach earlier today, resulting in the unauthorized transfer of more than 280 ETH, amounting to a staggering $500,000, from user accounts. The breach stemmed from a critical vulnerability discovered in its Router2 contract, leaving the project in...Read More
Nishad Singh, a former top engineer at the defunct crypto exchange network FTX, testified on Oct. 16 that the network’s ex-CEO, Sam Bankman-Fried, had planned a potential deal with Telegram for TON tokens. Singh commented when testifying in the ongoing court case against the former FTX CEO for financial malpractices and fraud. FTX Pitched an...Read More
Telegram Messenger has announced its integration of the Open Network-based self-custodial crypto wallet, TON Space. Shortly after the strategic partnership made the news, the price of Toncoin (TON) soared by double digits. TON Space Integrates with Telegram TON Space, built on The Open Network (TON), TON Foundation’s decentralized blockchain, is now integrated with Telegram. This...Read More
Telegram founder and CEO Pavel Durov disclosed that he holds bitcoin, the largest crypto by market capitalization, and Toncoin (TON), which is independent from Telegram. The CEO also bought a quarter of new Telegram bonds issued by the company. Telegram Issues $270 Million Bonds In a post on his official Telegram channel on Tuesday (July...Read More
The TON Foundation – the non-profit association behind The Open Network (TON) – announced the integration of messenger encryption on the network. The move aims to enhance user privacy by deploying necessary safeguards in a text sent with a transaction. The new feature uses end-to-end encryption. This essentially guarantees that only the sender and recipient...Read More
The TON Foundation – a non-profit association of developers and enthusiasts behind The Open Network (TON) – has announced the rolling out of a two-way bridge to facilitate the transfer of ERC-20 tokens from Ethereum to natively wrapped fungible tokens (Jettons) on TON. According to the press release shared with CryptoPotato, the bridge is designed...Read More
Telegram has added a new feature enabling users to send each other the world’s largest stablecoin, tether (USDT). USDT runs on several blockchains, but for now, Telegram has added support for the stablecoin only on Tron. According to an update on March 22nd, USDT-TRON – TRC20 – has been added to the popular messaging app’s...Read More
The cryptocurrency exchange – Bitzlato – enabled customers to withdraw up to 50% of their bitcoin funds stuck on the venue. The US Department of Justice (DOJ) closed the firm in January for allegedly processing more than $700 million worth of illegal funds and arrested its founder – Anatoly Legkodymov. Granting Some Access The company revealed...Read More
Called TONcoin Fund, the initiative will become the very first ecosystem fund that’s entirely dedicated to supporting founders who build on The Open Network. The raise saw participation from leading industry moguls like Huobi Incubator, Kucoin Ventures, the MEXC Pioneer Fund, TON Miners, 3Commas Capita, and Kilo Fund. The TON Foundation will be providing grants...Read More
The TON Foundation has announced the onboarding of Andrew Rogozov as a founding member. He will oversee Product Efforts at the blockchain project, initially launched by Telegram’s Durov brothers in 2018. Increasing Interaction Between TON and Telegram Likely The Ton Foundation announced a recent press release shared with CryptoPotato. The document informed that Rogozov will...Read More
Telegram may have abandoned its crypto project, but the token lives on. None other than the CEO of the cloud-based instant messaging service Telegram and the creator of the blockchain project, Pavel Durov, is happy that it’s alive and well. TON blockchain had a rough start, but that might be changing soon. The TON Community...Read More
A large investor in Telegram’s failed Open Network (TON) has reportedly requested $100 million in compensation from the company. Otherwise, the investor – Da Vinci Capital – has warned with taking legal actions against the messaging platform. TON Investor Demands $100M Telegram’s TON initiative was among the most widely-discussed blockchain-related projects in the past few...Read More
A recent report indicated that approximately 20 Israeli cryptocurrency executives were extorted after a hack and identity theft in a coordinated cyberattack at the start of September. The country’s intelligence agency Mossad and the internal security service Shin Bet were involved with the investigation. 20 Israeli Crypto Execs Hacked According to the report, the coordinated...Read More
Following the official halting of Telegram’s TON blockchain project, Co-founder of Qiwi Group Sergey Solonin has decided to loan his $17 million investment back to the company, according to a recent report by Forbes RU. $17 Million Investment Stays In Telegram The past several weeks have been particularly challenging for Telegram’s blockchain project called TON....Read More
