Everything web3, crypto, defi, degen
In brief Nasdaq warned TON Strategy for violating shareholder approval rules after the company raised over $500 million through a private stock sale to buy Toncoin. The exchange said TON Strategy, formerly Verb Technology, did not intentionally evade compliance, and issued only a warning instead of delisting its stock. The firm’s stock briefly surged after…
In brief Telegram launched Cocoon, a decentralized AI compute network on TON that pays GPU owners in crypto for powering private AI tasks. Telegram will use Cocoon internally, integrating it into Mini Apps and AI tools for its billion-plus users. The project challenges Big Tech’s dominance, positioning TON as an open, user-controlled alternative to AWS…
In brief Telegram founder Pavel Durov said French intelligence sought the removal of opposition channels ahead of Moldova’s 2024 election. His allegations come as Moldova’s pro-European party leads in a new parliamentary vote marked by claims of Russian interference. The dispute underscores rising state pressure on digital privacy platforms, from messaging apps to crypto networks.…
In brief Bitcoin miner BitMine Immersion holds $10.7 billion on its balance sheet. The Nasdaq-listed firm said nearly $10 billion of that is in Ethereum. BitMine also holds Bitcoin and cash, the company said. Bitcoin miner BitMine Immersion has over $10.7 billion mostly in Ethereum on its balance sheet, the company announced on Monday. The Nasdaq-listed…
In brief Protage Biotech is rebranding as AlphaTON Capital and developing a new digital asset treasury focused on Toncoin (TON). The biotech firm will keep its existing business, but build its treasury starting with $100 million in TON. Shares were up earlier before finishing slightly down. The firm will adopt the ATON ticker starting Thursday.…
In brief Durov has called his August 2024 arrest “legally and logically absurd,” claiming French police detained him over crimes by users he’d never heard of. The Telegram CEO must report to French authorities every 14 days despite ongoing investigation finding no wrongdoing by him or his platform. Durov remains under judicial supervision in France,…
In brief Verb Technology said that it is rebranding to TON Strategy The firm will accumulate Toncoin using proceeds from a private placement. The company’s stock price soared 140% on Monday. Verb Technology will use $558 million in proceeds from a private placement to begin stockpiling and staking Toncoin, the Las-Vegas based marketer said in…
In brief Bitcoin miner BitMine Immersion now holds $3 billion in Ethereum. The miner is now accumulating ETH and is the third largest public crypto treasury. BitMine Chairman and permabull Tom Lee believes Ethereum is a Wall Street favorite. Bitcoin miner BitMine Immersion now has over $3 billion in Ethereum as the company races to…
In brief Binance Smart Chain’s native token BNB set a new all-time high of $858 as it surged 7% on Monday. Other altcoins like Optimism, Injective, and Worldcoin have all seen gains, as Bitcoin dominance drops from a four year high last month. Predictors on Myriad Markets believe that Ethereum is 68.5% likely to set…
In brief Telegram’s native crypto wallet app is rolling out to users in the United States. The TON Wallet allows users to buy, sell, and send crypto directly in the Telegram messaging app. TON Wallet is developed by The Open Platform, the TON ecosystem’s first company with unicorn status. Telegram’s native crypto wallet is beginning…
