Tag:ton

Telegram responds to the SEC complaint about the Grams ICO

The Howey test is so vague, and cryptos are so new! Who could know anything, really? See you in court.
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News: Tether sued, ether is a commodity, proof of work is still awful, IRS releases incomprehensible guidance

If you’re going to do crimes, don’t do them on a permanent immutable public ledger of all transactions.
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SEC blocks the Telegram ICO — what this means, and what happens now

Telegram’s whole scheme was to skin precisely the retail buyers who securities registration is meant to protect from being ripped off.
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News: Kleiman and Wright settling, Libra, Tether, Initial Sucker Offerings, enterprise “blockchains” as back-end datastores, Marshall Islands, Telegram TON software

Crypto in general is a complicated machine to funnel decreasing supplies of actual-money from retail suckers to about twenty guys.
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News: Tether clogs Ethereum, Quadriga venue move, KodakOne sends copyright-trolling email, Telegram TON proceeding, no official Chinese stablecoin, Lightning in decline, don’t be your own bank

Ethereum is the World Computer! As long as you don’t try to use it for any sort of real application.
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Telegram’s $1.7 billion problem coming in October — KYC/AML on Gram tokens

I wonder how Telegram’s regulatory efforts are going — given how much their GRAM plan looks like Facebook’s Libra.
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News: Bitfinex/Tether v. New York, Cryptopia hack coins moving, HitBTC may be insolvent, Craig Wright copyright registration, SEC v. ICOs, money laundering is still illegal with Bitcoins

How much do you need to annoy a government agency that it starts a whole new press page just to refute your claims?
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Telegram TON ICO: network in beta, the Gram sales agreement, new partner Wirecard

What do Telegram have to provide by October 2019? And why partner with Wirecard, who are currently trying to get Financial Times journalists prosecuted for writing about them?
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The Telegram ICO’s TON blockchain has questionable security, and will probably centralise

I’m pretty sure Nikolai Durov is confident nobody could outsmart him here — he’s thought about it really hard, after all. But what happens when someone comes at the Telegram Open Network with a hammer?
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