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” Russia should use crypto for payments with Africa, commerce exec says “ An executive at Russia’s Chamber of Commerce and Industry has called on the government to conduct cross-border settlements in cryptocurrencies and central bank digital currencies (CBDC). Chamber president Sergei Katyrin sent a letter to Russian Prime Minister Mikhail Mishustin, providing a set…
” New $250M TONcoin Fund targets DEX and NFT tools on TON blockchain “ The TON Foundation, an organization building on the Telegram-initiated blockchain project, The Open Network (TON), has chosen the TONcoin Fund as its official ecosystem fund. The TONcoin Fund announced on Monday the launch of an ecosystem fund focusing on supporting TON-based projects,…
“# Telegram-verified payments bot to accept Toncoin cryptocurrency ” Telegram co-founder and CEO Pavel Durov has expressed excitement about the Telegram Open Network (TON) technology still developing after Telegram officially abandoned the project last year. “I’m proud that the technology we created is alive and evolving. When it comes to scalability and speed, TON is…
“# The International Chess Federation is first global sports association with its own NFT marketplace ” Digitalization keeps on coming to one of the oldest games in the world as FIDE, the International Chess Federation, announces its plans for a nonfungible token (NFT) marketplace. The group said that the marketplace, which launches at the end…
“# Report: TON investor demands $100M compensation from Durov ” Da Vinci Capital, a major investor in Telegram’s $1.7 billion initial coin offering, has reportedly requested compensation for the failed launch of the Telegram Open Network, or TON. Investors at Da Vinci Capital reportedly sent a letter before claim to Telegram CEO Pavel Durov, stating…
“# China’s BSN partners with TON Labs to utilize Telegram blockchain ” 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…
“# The cryptocurrency sector is overflowing with dead projects ” 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 office documentation system. Decentralized, decentralized, decentralized. The overuse of…