An inside look at the Telegram Open Network competition with an analysis of the contest’s task. Amid news of its recent spat with the United States Securities and Exchange Commission, relatively few people have likely heard about Telegram’s Open Network competition that occurred some weeks ago. It was a milestone event that transformed the once-miniscule […]
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According to new court filings, investors in Telegram’s $1.7 billion token sale included Kleiner Perkins, Lightspeed China and many others. Two global financial giants, BNY Mellon and Credit Suisse, were reportedly involved in Telegram’s $1.7 billion Gram (GRAM) token sale in 2018. Telegram allegedly informed its investors that it was using BNY Mellon and Credit […]
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Mixed performance over the weekend nonetheless failed to inject volatility into Bitcoin markets, with attention now focusing on preserving support at $7,400. Bitcoin (BTC) fluctuated around $7,500 on Dec. 9 after a weekend of range-bound movement reduced volatility concerns for traders. Cryptocurrency market daily overview. Source: Coin360 Bitcoin delivers classic futures “bounce” Data from Coin360 […]
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The U.S. SEC asked the U.K. authorities to force Telegram’s former chief investment advisor to testify in Grams tokens offering case. The United States Securities and Exchange Commission (SEC) asked the High Court of England and Wales to force Telegram’s former chief investment advisor John Hyman to testify in the case over the firm’s Grams […]
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In a recent development in the SEC case against Telegram, a judge preserved the regulator’s motion to strike Telegram’s void for vagueness defense. A United States federal judge has preserved the Securities and Exchange Commission’s (SEC) move to strike Telegram’s “void for vagueness/lack of notice” defense. According to a letter dated Nov. 25, the SEC […]
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Telegram founder Pavel Durov will give a deposition regarding U.S. SEC accusations that Telegram’s native GRAM token is a security. In the latest chapter of Telegram’s legal battle with the United States Securities and Exchange Commission (SEC), the firm’s founder Pavel Durov will give a deposition along with two Telegram employees. On Nov. 25, District […]
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Gladius, a cryptocurrency startup that raised over $12 million in a 2017 ICO, announced it is ceasing operations without reimbursing its token holders. Distributed cybersecurity startup Gladius dissolved without complying with the United States Securities and Exchange Commission (SEC) to reimburse investors. The firm’s co-founder and chief technology officer Alex Godwin announced the dissolution of […]
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Earlier this month, media reported that Tunisia had become the first country to issue a CBDC. Now that the central bank has denied the news, it’s time to take a closer look… Earlier this month, many blockchain media outlets, including Cointelegraph itself as well as Decrypt, Beincrypto and LedgerInsight, reported that Tunisia had become the […]
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Investment company Cypherpunk Holdings has completed an equity investment worth $337,500 in zkSnacks, the firm behind the privacy-focused crypto wallet Wasabi. Tech investment company Cypherpunk Holdings has completed an equity investment worth $337,500 in zkSNACKs, the firm behind privacy-focused cryptocurrency wallet Wasabi. Cypherpunk announced the news in a Nov. 21 press release, specifying that it […]
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A bipartisan team of senators introduced legislation that would regulate Facebook’s Libra stablecoin under securities law. American lawmakers have reportedly introduced a bill aiming to put Facebook’s Libra under the jurisdiction of the Securities and Exchange Commission (SEC). Two Texas representatives, Sylvia Garcia and Lance Gooden, have proposed legislation that would put even more regulatory […]
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