2019-10-15 23:50 |
To justify halting the launch of Telegram's blockchain project, the Securities and Exchange Commission relied heavily on communications obtained from investors.
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The Foundation says its mission is to preserve and foster the Flappy Bird game and legacy for the community.
The new protocol, called the TON Applications Chain (TAC), will make use of Polygon’s Chain Development Kit (CDK), as well as their AggLayer.
The MEW character will be featured on TON, the network where Pixelverse’s Telegram mini-games operate, in a first for a Solana meme coin.
Telegram has settled its six-month court case with the SEC, agreeing to pay $18.5 million in penalties and to notify the agency if it plans to issue another digital asset in the next three years.
Telegram CEO Pavel Durov says the company is abandoning its TON blockchain project after losing an initial court fight with the SEC.
TON Labs, a startup that helped Telegram run the test network for its blockchain network, launched its own version called Free TON Thursday, with the support of professional validators.
Telegram has asked a court to clarify if it can still issue its tokens to non-U.S. investors after a preliminary injunction blocked the issuance in the U.S.