TON Foundation has rolled out TON Pay, a new payments SDK designed to incorporate crypto payments into the Telegram ecosystem. TON Pay’s aim is to turn Telegram into a crypto payment system for Toncoin and other cryptocurrencies. TON Pay is a wallet-agnostic payment system for merchants and Mini App developers.
Altcoin Alpha recently unveiled a multi-million-dollar OTC Telegram crypto scam on a social media platform X. The scam stole more than $50 million involving tokens such as SUI, NEAR, Axelar, SEI, and others. The scam wasn’t noticed for months and targeted prominent names in the industry, such as venture capitalists,
Telegram became the talk of the town in the crypto community on its partnership deal with Elon Musk-led Grok AI. While Pavel Durov announced that Telegram and xAI agreed to a 1-year partnership deal, Elon Musk condemned it, saying it is not true. This created confusion in the community and
The Open Network Foundation (TON Foundation) has appointed Nikola Plecas, a former Visa executive, as its new Vice President of Payments. Plecas will lead TON’s global payments strategy as the blockchain scales to support Telegram’s extensive user base of over 1 billion. Plecas brings a strong background in crypto and
Telegram is circling in the headlines for planning to raise $1.5 billion by issuing bonds. Renowned firms such as BlackRock, Citadel, and Mubadal are going to participate in the fundraising. Even though its CEO is still facing legal issues from the French authorities, it didn’t stop these companies from participating
In the crypto and Telegram gaming worlds, Vladimir Smerkis, co-founder of popular Telegram Mini App Blum, was arrested on Friday in Moscow on large-scale fraud charges, according to several local media outlets. Smerkis, a well-known Russian crypto industry figure, was formerly Binance’s general manager of operations in Russia and the
Telegram founder Pavel Durov has returned to Dubai as French authorities continue investigating criminal activity on the messaging platform. Durov announced his return on Monday, stating that while the legal process is ongoing, he is relieved to be home. Durov, a Russian-born entrepreneur with Emirati and French citizenship, was arrested
OKX Ventures, The Open Platform, and Folius Ventures jointly launched a $10 million Telegram growth hub to bring the large user base of the social media platform into the Web3 space. As per the latest update from the OKX, they selected the first batch of projects for this program to
Telegram Scams Crypto scammers are turning to Telegram to scam, a strategy that has grown by 2,000% since November. According to Scam Sniffer, 15th Jan, the scam happened. Instead of typical phishing attempts, where users are tricked into connecting their wallets to fraudulent sites, these new tactics involve fake verification
Telegram has reached profitability for the first time, marking a pivotal moment in its business journey. The social media platform announced total revenue exceeding $1 billion in 2024, with over $500 million in cash reserves, excluding crypto assets. Founder Pavel Durov highlighted the platform’s strong performance in a recent post.
