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Telegram Quits Court Fight With SEC Over TON Blockchain Project
Telegram has thrown in the towel in its court battle against the U.S. Securities and Exchange Commission and will no longer be appealing the ban on its blockchain token project.
Aggrieved Investors Mull Suing Telegram Over Canceled TON Blockchain Project
Some backers of the now-shelved TON blockchain project are in talks to sue Telegram over their refund structure.
Telegram's TON Was Built on Sand. Its Failure Isn't All Bad For Crypto
Telegram's Pavel Durov rails against the SEC's "ossification." But his TON project was always on shaky ground legally-speaking, says Preston Byrne.
Telegram Abandons TON Blockchain Project After Court Fight With SEC
Telegram CEO Pavel Durov says the company is abandoning its TON blockchain project after losing an initial court fight with the SEC.
Telegram Agrees to Give SEC Bank Records, Communications in Ongoing TON Lawsuit
Telegram will fork over bank records and communications with its investors in an agreement with the SEC as part of the agency's ongoing lawsuit.
Sidestepping Telegram, Devs and Validators Launch Fork of TON Blockchain
TON Labs, a startup that helped Telegram run the test network for its blockchain network, launched its own version called Free TON Thursday, with the support of professional validators.
Blockchain Bites: Hyperledger Makes Inroads, Bitcoin Gets 'Harder' and Buffett's Not 'Halving' It
Bitcoin's difficulty has increased ahead of the halving event as more retail investors pour in. Warren Buffett has yet to be enticed.
Telegram Withdraws Offer to Repay Investors With Gram Tokens
Telegram says it won't be repaying investors in its 2018 TON token sale in gram tokens, one week after saying it could do so once the network launches.
What We Can Learn From Telegram's Token Troubles
Telegram's success blinded investors to the risks inherent in building blockchains and raising a token sale, says a long-time observer.
Blockchain Bites: Bitcoin's Boom Roils Markets and a16z Makes a Long-term Play
While FOMO drives up bitcoin's price and derivatives market, Telegram announces another delay and Andreessen Horowitz raises a $515 million fund.