TON
Toncoin Jumps 61% in Two Days Amid Telegram's Potential IPO Steam
TON Network's native token, toncoin (TON), has risen by more than 60% in two days after Pavel Durov, founder of messaging app Telegram, revealed plans for an initial public offering (IPO). CoinDesk's Jennifer Sanasie presents the "The Chart of the Day."

KuCoin Ventures to Provide $20K Grant to TON Ecosystem
The funding will be allocated to five "mini-apps" focusing on payments and gaming.

Animoca Brands Invests in TON Network, Becomes Largest Validator
The gaming and metaverse-focused firm declined to provide details of its investment.

Messaging App Telegram Gives Endorsement to TON Project; Token Surges
The messaging app has made TON its official Web3 infrastructure, giving the network exclusive promotion within the user interface

Telegram Merchants Gain Access to In-App Crypto Payments for First Time
Wallet, which is built on the TON blockchain, is allowing merchants to integrate cryptocurrency into the bots they use to accept payments in the messaging app.

Telegram Users Can Now Transfer USDT Through Chats
USDT has been added to the @wallet bot on Telegram, expanding the messaging app's facility for buying and selling crypto.

Decentralized Layer 1 Blockchain The Open Network Releases Governance Platform
Decentralized layer 1 blockchain The Open Network has released its governance platform to the public, prompting a surge in Toncoin (TON) trading activity. The governance platform, dubbed Ton.vote, was developed in tandem with layer 3 blockchain infrastructure provided by Orbs. The integration with Orbs ensures tamper-proof voting across Ton.vote. "The Hash" panel discusses what this means for the Toncoin community.

Crypto Exchange BIT Expands Product Suite With Toncoin Options
The decision to add the options suggests growing investor interest in derivatives tied to alternative cryptocurrencies. TON is the native cryptocurrency of the decentralized layer 1 blockchain The Open Network.

Telegram CEO Durov Plans to Build Crypto Wallets, Decentralized Exchange
The messaging app is pushing ahead with its buildout of crypto infrastructure.

TON Steward Looks to Draw Projects to its Ecosystem With $126M Rescue Fund
The Ton Foundation's aim is to entice projects to migrate to TON, while helping to alleviate the knock-on effects of FTX's collapse.

