TON launches incentive-based program to drive digital verification
The Open Network (TON) developers have announced plans to incentivize users to verify their identity using a new palm technology. According to the update, the network has set aside about $5 million in incentives for users who wish to participate in the project. The TON society which constitutes the developers building on the network will […]
Telegram offers 50% ad revenue share to channel owners
The public channel owners can now get paid by Telegram Messenger. The project allows them to receive up to 5 percent of the revenue generated from the adverts on their channels. However, eligibility comes with a condition that the channels’ eligibility criterion is that they should have 1,000 or more subscribers. Pavel Durov, the CEO […]
21Shares Introduces Toncoin Staking ETP on Swiss SIX Exchange
21Shares, a recognized cryptocurrency assets management firm, is going to list a new ETP which will target staking Toncoin(TON) token of The Open Network(TON) system. One of the recent ETPs launched is the 21Shares Toncoin Staking ETP (TONN) that was listed on the SIX Swiss Exchange and provides clients with a simplified approach to earning […]
TON blockchain halts as ordinals-inspired protocols pick pace
The Open Network (TON) blockchain faced significant challenges in transaction processing as a new protocol, inspired by Bitcoin Ordinals, led to a surge in activity. Issues began on Tuesday, and by Thursday afternoon, over 2.5 million transactions were pending, causing the blockchain’s speed to plummet to less than 1 transaction per second. TON wallets halt […]
Dubai Financial Center regulator approves TON and XRP tokens
The Dubai Financial Services Authority (DFSA), the financial regulatory agency of the special economic zone, the Dubai International Financial Centre has recognized two new crypto tokens TonCoin (TON), and Ripple’s XRP. TON and XRP now join DFSA’s initially accepted crypto tokens, Bitcoin (BTC), Ethereum, and Litecoin. In total in just one year DFSA has recognized […]
TON validators set to vote on tokenomics proposal to adjust Toncoin circulating supply
Today, TON validators will vote on a proposal to adjust the circulating supply of the Toncoin. If approved, the Toncoin circulating supply will be reduced by 20%— freezing it for the next 48 months and then unfreezing it. Toncoin’s market capitalization might also be reduced due to the tokenomics proposal, but it will boost the […]
The Open Network (TON) Roadmap: 8 key features to expect in 2023
The Open Network (TON) is the first and only 5th-generation blockchain platform. The 2023 roadmap is endowed with major developments. It was decided at the start of TON’s development by the think tank Binance. As the Durov brothers put it, the ultimate purpose of blockchain is to connect various cryptocurrency chains into one network, hence […]
Five tokens that you should NOT buy in 2023
The crypto market experienced its worst year in the history of DeFi. Investors have witnessed the disappearance of tokens from the market, causing incalculable effects. A new season has arrived for crypto investors; with the new year comes a new investment mindset. Crypto tokens are a form of digital currency that represents a specific item […]
