Users will need to install their own testnet validators to continue using the network. Although Telegram has terminated its blockchain project, Telegram Open Network (TON), in May 2020, the TON test net has been apparently running for almost one year. In a July 6 update, the official TON development group on Telegram announced that it…
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Russian prosecutors are reportedly investigating a British firm that allegedly sold fraudulent Gram tokens. Shortly after lifting the country’s Telegram ban, Russian authorities began investigating potentially fraudulent offerings involving the company’s unlaunched token, Gram. The token was at one time meant to serve a new blockchain ecosystem known as the Telegram Open Network, or TON.…
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You might be able to buy crypto on PayPal soon, but it’s unlikely that you’ll be getting anything from Wirecard. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a…
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A South Korean government agency aims to trace crypto transactions conducted on the dark web by developing an AI-based software. The Korea Internet and Security Agency, or KISA, plans to develop an artificial intelligence-based software to trace cryptocurrency transactions on the dark web in response to the Telegram Nth Room sexual ring case. According to…
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New York, New York runs the show this week as the site of a host of developments and setbacks for crypto. Every Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law. Editor’s note The largest city in the United States and the world’s financial capital for…
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Judge approves final judgment in Telegram case; firm will return $1.2 billion to investors. On June 26, Judge Kevin Castel signed the final judgment in the SEC v. Telegram case, which will require Telegram pay back $1.2 billion to investors in their ICO for the failed Telegram Open Network. Cointelegraph reported on the final judgment…
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Telegram’s built-in contact import feature was exploited to leak the personal data of millions of users onto the darknet. Telegram, a major privacy-focused messaging app, has suffered a data leak that exposed some personal data of its users on the darknet. A database containing the personal data of millions of Telegram users has been posted…
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Telegram’s digital resistance in Russia will contribute to further anti-censorship efforts in countries like China and Iran, Pavel Durov says. Russia’s decision to lift its two-year Telegram ban is going to mark the beginning of a broader movement to protect privacy-focused apps like Telegram, the company’s CEO says. Pavel Durov, founder and CEO of Telegram,…
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Regulators are warming up to crypto around the world as they embrace innovation for economic recovery. Editor’s note: The week has been remarkably active for policy, possibly as a result of economies showing signs of heading slowly back to normal. While crisis remains, it seems like everyone has gotten numb to crisis mode. Recent news…
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Sensitive documents outlining the proprietary investment strategies of Telegram ICO participants have been redacted from the case with the SEC. A U.S. District Judge has approved the majority of redaction requests received during the proceedings surrounding the Securities and Exchange Commission’s (SEC) lawsuit against messaging firm Telegram over its $1.7 billion initial coin offering (ICO).…
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