Pavel Durov, CEO of encrypted messaging platform Telegram, has publicly backed Toncoin, an independently developed iteration of the TON blockchain project that ended in 2020.
Telegram lost another round in court against the SEC and now can’t launch its $1.7 billion token sale. What does it mean for the crypto industry and other startups that sold tokens?
Developers are discussing ways to launch Telegram's blockchain without the messaging app company's participation, following a court order tying its hands.