The Open Network’s native token Toncoin is being renamed to Gram, with the ticker changing from TON to GRAM, effective June 15 at 12:00 UTC. The community has spoken with an 81.22% majority, the rollout is already underway, and every exchange, wallet, and block explorer in the ecosystem has a hard deadline to complete the update. This is one of the most significant rebranding events in crypto this year and it carries a history behind it that makes it mean more than a simple name change. The Vote is Done and The Numbers Were Decisive The Open Network’s official account
The post Toncoin Officially Becomes Gram on June 15, 81% Community Vote Seals the Rebrand appeared first on The Merkle News.
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An “end-to-end toolkit” for creators to make, show, and sell “digital collectibles” is coming to the social media platform Instagram.
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Popular messaging platform Telegram has announced it is launching a new premium tier of its services as it seeks to monetize a part of its userbase. Reaching more than 700 million active users monthly, the new tier answers to the need of these users for more bandwidth and storage capacity, according to Pavel Durov, CEO […]
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Telegram has dropped a two-year-old lawsuit over the ‘GRAM’ trademark but must now repay the defendant’s legal costs.
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Many people were excited when Telegram announced its TON blockchain venture. Two and a half years later, the venture has been officially cancelled, allegedly due to pressure from US regulators. It was seemingly a matter of time until Telegram’s blockchain would be scrapped. No TON Blockchain After All Initial delays in delivering on the blockchain effort did not go over well with investors. Not too long ago, the team even offered partial refunds to early investors due to additional production delays. Yesterday, the entire TON blockchain venture was officially scrapped. That also means that the native Gram cryptocurrency will not
The post Telegram Officially Cancels the TON Blockchain Project appeared first on The Merkle News.
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Telegram has agreed to provide communications relating to purchase agreements between the firm and the initial purchasers in its 2018 ICO.
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Telegram has offered to refund investors after its scheduled release of the Gram token failed – again – due to regulatory complications. Investors will immediately receive 72% of their stakes, as first option, or 110% if they choose to wait another year. The second option may be paid in another cryptocurrency in the Telegram messaging […]
The post Telegram to Pay Back Investors 110% After Gram Token Launch Fails – Again appeared first on Bitcoin News.
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Developers of TON blockchain are willing to deploy it, in spite of the court’s rulings
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The Gram sale orchestrated by Telegram also affects the cryptocurrency industry. For Liquid, a popular exchange, it caused them quite a bit of financial problems. Unlike other trading platforms, Japan’s Liquid decided to let investors get exposed to Telegram’s Gram token. Liquid Makes the Right Decision That was a risky decision, as this token hasn’t been issued. Nor will it be in the near future either. Unfortunately for Liquid, this means they have to refund investors accordingly. The token sale was canceled late last week, following Telegram’s TON announcement. That blockchain has yet to be launched officially, thus there are
The post Liquid Refunds Investors Buying Telegram’s Gram Token appeared first on The Merkle Hash.
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SEC probe against Gram cryptocurrency launch should be thrown out, says Telegram
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