Tag: TON

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SWIFT Tokenization, BNB Auto Burn, PwC Enters The Sandbox + More News

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CoinMarketCap Updates and Verifies TON Crystal Listing; TON Now Among Top 5% of Assets by Market Cap

CoinMarketCap, the leading authority on real-time cryptocurrency prices and data, has just updated and verified its TON Crystal (TON) listing. Now TON, the native token of the FreeTON blockchain, ranks among the top 5% of cryptocurrencies by market cap. This has been a year of remarkable development for the FreeTON project. The project started when…
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China’s BSN partners with TON Labs to utilize Telegram blockchain

While Telegram’s token project is dead, the blockchain still lives. TON Labs and China’s Blockchain-based Service Network are collaborating to build applications on the Telegram-built TON protocol. According to an announcement issued on Monday, the partnership grants BSN developers access to TON technology. As with other instances of adapting public networks to the BSN China…
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Why contests are better than grants for a healthy crypto community

Grant programs have their flaws — they often lack transparency and shut out good ideas. Here’s why contests are a compelling alternative. What can contests be used for? Grants are normally reserved for developing infrastructure, apps and other tools, but Free TON says this means other important areas are overlooked. The network’s mantra is to…
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The cryptocurrency sector is overflowing with dead projects

Blockchain technology is just a tool that solves a problem, it cannot be the goal of the entire project. In 2017, when everything concerned with cryptocurrency and blockchain still looked fresh and interesting, it seemed that there would be no day without a new “revolutionary” project or idea. Decentralized financial system, decentralized torrent tracker, decentralized…
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China’s TON Spin-Off Launches Testnet and Token Airdrop

As the official Telegram Open Network is being prepared to shut down on Aug. 1, global TON technology projects continue progressing. TONCommunity.org, one of the multiple spin-offs of Telegram’s unlaunched blockchain network, has announced that its tetsnet is now live. After announcing plans for a separate TON network in late May, TONCommunity.org launched the testnet…
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Telegram Will Shut Down the TON Testnet by August 2020

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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Russia to Reportedly Investigate an Allegedly Fraudulent TON Offering in UK

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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Free TON Launches First Contests to Distribute Tokens Among Contributors

Free TON launches first community contests, planning to distribute thousands of TON Crystals among winners and participants. Free TON, a decentralized blockchain network derived from Telegram’s TON blockchain, is launching the first community contests to power its network. Starting Monday, users, developers and validators are invited to participate in three separate contests, with Free TON…
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TON’s Journey Over Before It Began as Others Take Up Telegram’s Mantle

Telegram’s TON network and coin were destined to fail with regulators, experts say. So, what’s left of the project? Telegram Open Network is off to a very uncertain future. Earlier this week, Telegram CEO Pavel Durov announced his company’s “active involvement with TON” was over, following a drawn-out legal battle with the United States Securities…
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