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Rate Hikes Might Slow Beginning December, Says Fed Chair Powell; Casa to Add Ethereum Support

The U.S. Federal Reserve will likely raise interest rates by another 50 basis points in December, Fed Chair Jerome Powell implied Wednesday. Popular Bitcoin self-custody firm Casa is adding Ethereum support to its platform. Messaging app Telegram has sold $50 million in usernames in less than a month through its blockchain-based auction platform, Fragment.

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Finance

Telegram CEO Durov Plans to Build Crypto Wallets, Decentralized Exchange

The messaging app is pushing ahead with its buildout of crypto infrastructure.

Telegram CEO Pavel Durov (TechCrunch Disrupt Europe/Creative Commons)

Finance

Messaging App Telegram to Auction Usernames on TON Blockchain

Toncoin, the native coin of the TON blockchain, is up nearly 9% at $1.34.

(Shutterstock)

Videos

Telegram Users Can Now Send Crypto to Each Other via Wallet Bot: Report

Telegram’s Wallet Bot, which allows users to buy crypto by bank card and exchange and transfer to other wallets, now supports peer-to-peer (P2P) transactions. “The Hash” panel discusses the implications for security and mainstream adoption.

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Finance

Telegram Founder Teases Marketplace for Address Auctions

Since founder Pavel Durov discussed the feature Monday afternoon, the price of TON – the native token behind The Open Network – increased 15%.

Telegram founder and CEO Pavel Durov

Finance

Crypto Added to Telegram by TON Stewards, Opening Path to Payments

Users can use a bot to buy bitcoin and toncoin within the app, and can send the latter to other users.

Telegram app on smartphone (Shutterstock)

Finance

TON Users Donate $1B to Advance Ecosystem, Foundation Says

Picking up where Telegram left off, the cryptocurrency project is attempting to increase its allure to potential Web 3 builders and developers.

(Josh Appel/Unsplash)

Finance

Huobi, Kucoin, Others Lead $250M Toncoin Ecosystem Fund

Toncoin is independent from Telegram, though does have the messaging service's endorsement.

U.S. Dollars (Shutterstock)

Videos

Andrew Rogozov, Former Exec at VK, the ‘Facebook of Russia,’ Joins Telegram’s Spin-Off Blockchain Project

Andrew Rogozov, former exec at Russian internet giant VK, is joining the TON Foundation, which supports the fledgling Toncoin blockchain. Toncoin is the offspring of the blockchain project designed by messaging service Telegram. “The Hash” panel discusses what this means for the TON ecosystem and Telegram, and why this is a developing story to watch.

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Finance

Andrew Rogozov, Former Exec at VK, the 'Facebook of Russia,' Joins Telegram’s Spin-Off Blockchain Project

Toncoin will be integrated into the Telegram messaging app, Rogozov says.

Andrew Rogozov, a VP at VK, joins TON Foundation / Andrew Rogozov's archive