$ 29,404.00 2.58%
$ 1,989.75 2.08%
$ 49.99 4.16%
$ 0.084595 1.78%
$ 7.72 2.78%
$ 1.41 0.28%
$ 0.000171 13.31%

Telegram launches Gram wallet alpha version

Telegram launches Gram wallet alpha version

Telegram, one of the best-established encrypted messaging services, has announced that the official wallet for its’ much-awaited Gram token is now available in an alpha mode for iOS users. The Gram wallet is specifically designed after users who would have an interest in storing the Gram token. 

Currently, the Gram wallet is hosted on the Telegram Open Network (TON) testnet blockchain.

Gram wallet and token

Telegram’s token launch has sparked a number of controversial responses, as the official release is taking too long. According to a New York Times report, if the tokens are not released by the end of October, Telegram will be forced to return all investments generated during the initial coin offering (ICO).

Telegram managed to raise $1.7 billion during the ICO, and investors are eager to see the Gram token officially launched. However, if Telegram does not manage to keep up with the schedule set by the whitepaper, the Gram wallet might be left without any tokens to store.

Criticism against Telegram

In recent months Telegram has faced a wave of criticism, as a report detailed how numerous terrorist organizations are using the encrypted messaging service to keep their communication secure.

While Telegram boasts with its encryption methods and tight security, it turns out that not all users have turned to its services with good intentions. 

The report details that major terrorist organizations like ISIS and Al-Qaeda are using Telegram to exchange vital information, without fear, as Telegram’s encryption methods are to their benefit.

Consequently, numerous anti-terrorist organizations have spoken out against Telegram, claiming that the service is detrimental to global security, as it facilitates communication between terrorist groups.

Tina Yordanova

Tina Yordanova

Back from her stint with European Central Bank, Morgan Stanley, Barclays, Societe Generale, Hilton Hotels, and Aviva International, Tina rejoins Cryptopolitan with a deeper insight regarding the financial world, blockchain enterprises and institutions and practices involved in it. She is eager to share her rounded perspective honed from the biggest media analysis companies on the Balkans.

Related News

Hot Stories

Michael Saylor says market crash will benefit Bitcoin
Ethereum wipes out $8.10B while eagerly awaiting 'The Merge'
Terra admits to facing technical issues in resuming LUNA and UST transfer 
RoboApe could be valued over Dogecoin and other crypto-memes.
Crypto exchanges are relisting LUNA after the crash

Follow Us

Industry News

eBay jumps into declining NFT business with Wayne Gretzky's help
Crypto crowd’s shocking prominence in Davos
Balenciaga U.S. stores to accept BTC and ETH starting June 2022
BTC Pizza Day is celebrated amid crypto crash
CV VC launches Africa-focused blockchain fund