By CCN: Kik might very well have good intentions by inviting a fight with the U.S. Securities and Exchange Commission. If the litigation, which the securities regulator has filed against the company, goes Kik's way, it will set a precedent for other blockchain startups that have taken a similar approach to raise funds in an initial coin offering (ICO). But if the other shoe drops, Kik could find...
By CCN: Button Wallet is slated to be one of the first decentralized applications to launch on Telegram’s new blockchain, Telegram Open Network (TON). The secretive project recently opened to beta development, and Button published a blog post detailing how it works currently. @telegram #ton #blockchain — BUTTON Wallet (@ButtonWallet) May 26, 2019 Telegram Developers Are “Really Good” The...
By CCN: Nike is launching a blockchain product. Telegram is launching a blockchain. Samsung is reportedly planning to launch its own token platform; building with Ethereum for the S10 wasn’t enough. Facebook is getting into blockchain. Google still hasn’t done much with it, but JP Morgan now uses it. The list of major corporate names edging in on the crypto space is staggeringly long. Should we...
By CCN: Spencer Bogart, a partner at crypto investment firm Blockchain Capital, argued in a new blog post that over the next two years Facebook, Telegram, and stablecoins will create the largest on-ramps to crypto that the Bitcoin industry has ever seen. Facebook & Telegram Could Fuel Rabid Crypto Expansion With the on-boarding of two of the largest networks in the world – Facebook and...
According to local Russian news outlet Vedomosti.ru, Telegram’s Open Network is now live in private beta, with several programmers and beta testers having access to the highly-touted cryptocurrency project. The outlet cites two companies that have been given access to the beta network as sources and provides no real detail on what the testing looks like. Telegram Cryptocurrency Moves One Step...
Facebook is moving into cryptocurrency, aiming to create some type of stablecoin that will make it possible for users within its gargantuan network to transfer value to each other. Why Facebook doesn’t simply use an existing cryptocurrency is, of course, a mystery. Facebook's Not Going Full Crypto Perhaps it fears to open the minds of users too much: from cryptocurrency they might graduate to...
As law enforcement increasingly cracks down on centralized dark-web markets, online narcotics dealers are migrating to encrypted messing apps like Telegram and WhatsApp, according to a new report from the Independent. Citing the findings of an anonymous dark web researcher, the report says that online drug dealers are advertising their illicit Telegram channels through graffiti markers spray...
Telegram CEO Pavel Durov announced that 3 million new users signed up to his encrypted messaging service in just 24 hours. The sudden, massive influx is likely due to the service outages affecting Facebook and WhatsApp on Wednesday. Facebook & WhatsApp Go Offline Facebook, its two messaging apps, and Instagram, its image-hosting app, suffered from their worst ever service outages yesterday...