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Telegram launched a 2018 token sale because it was "short on cash" to pay for servers, the U.S. Securities and Exchange Commission (SEC) said.The claim, made in the regulator’s latest document dump in its ongoing securities case against Telegram, shows for the first time the core of the SEC’s argument:
Read MoreAs the SEC lawsuit against Telegram Open Network (TON) forced it to postpone mainnet launch, working blockchain explorers are already available for the testnet. Blockchair announced the creation of a user-friendly alternative to Telegram’s own explorer.A stalled launch has not stopped blockchain explorersIn 2018, TON raised more than $1.7
Read MoreMobile wallet provider BRD is making something of a pivot, launching a suite of tools aimed at allowing blockchain developers to more easily build apps for enterprises.Called Blockset, the new offering – announced Friday – is described as a blockchain data integration platform with a suite of tools that allow
Read MoreGrayscale Investment, the world’s largest crypto asset fund manager, has had a record-breaking 2019, pulling in as much investment as they have from 2013-2018 cumulatively. This data supports the narrative that the correction hasn’t killed optimism in the Bitcoin market. Institutions and high net-worth individuals using Grayscale are still very
Read MoreA company that uses smart contracts to manage arbitration and dispute resolution around blockchain transactions announced on Jan. 17 its intention to list on the Main Market of the London Stock Exchange.Proof of Trust Ltd did not give any financial details or timetable for the listing, but CEO Dean
Read MoreAlethea AI is launching a decentralized Synthetic Content Network to track the usage and intellectual property of AI-generated content. The company plans to offer a wide selection of content, including but not limited to face-swapped deepfake videos.Alethea is a production studio for AI-generated content, having previously released a video
Read MoreCanadian authorities have issued new guidance to determine which digital currency trading platforms fall under derivatives law.The Canadian Securities Administration (CSA) explained new provisions in the “Guidance on the Application of Securities Legislation to Entities Facilitating the Trading of Crypto Assets” published on Jan. 16. In general, the agency drew
Read MoreTron (TRX) is set to feature zero knowledge-based privacy through the work of the TRONZ team. A trusted setup ceremony is set to be conducted soon, which Tron claims in a Jan. 17 blog post will “set a new Guinness World Record.”TRONZ is a privacy initiative that is set
Read MoreViewBitcoin has all but erased the day's gains after pushing past the $9,000 resistance level this morning.A significant move back above $9,000 could trigger liquidations and a possible short squeeze across the market. Other cryptocurrencies continue to recoup losses from late 2019.Bitcoin's bulls have failed to make a solid
Read MoreThe Libra Association — the government body of the eponymous stablecoin introduced by Facebook in late 2019 — has formed a new committee to guide the network’s technical development. According to an announcement on Jan. 16, the Libra Association has voted to establish the five-member Technical Steering Committee which comprises
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