Bullish Shift For TON: Price Breaks Above $2 Following Telegram CEO’s Gram News
Toncoin (TON) roared higher on Monday, climbing about 11% and pushing above roughly $2.30 earlier in the day before cooling slightly. The jump came after Telegram founder and CEO Pavel Durov announced that The Open Network’s native token will be renamed from Toncoin to “Gram” over the next three weeks. TON Shift To ‘Gram’ Durov said the rebranding is more than marketing. “TON’s native currency is becoming Gram,” he wrote, adding that “Gram was the original name of TON’s currency in the first white paper.” In his message, he described the move as a return to the network’s roots....
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Toncoin’s native token has rebranded to ‘Gram’ as part of the latest step in Pavel Durov’s “Make TON Great Again” roadmap. Toncoin’s Native Token Is Now Called Gram In a new post on Telegram, Pavel Durov has shared details related to a rebranding of the native token of the Toncoin network. The asset is set […]
Telegram's TON saga seems far from over, as a disgruntled investor seeks compensation. Da Vinci Capital, a major investor in Telegram’s $1.7 billion initial coin offering, has reportedly requested compensation for the failed launch of the Telegram Open Network, or TON.Investors at Da Vinci Capital reportedly sent a letter before claim to Telegram CEO Pavel Durov, stating that the fund is planning legal action against TON Inc. and Telegram, Forbes Russia reports Monday.Citing anonymous sources close to Da Vinci, the report states that the fund has demanded $100 million incompensation from....
Telegram must pay $625,000 to Lantah LLC — a small crypto firm it sued in 2018 over using the ‘GRAM’ trademark and ticker. Telegram Messenger Inc. has been ordered to pay nearly $625,000 worth of legal fees to a small cryptocurrency firm that it sued over using the ‘GRAM’ crypto-ticker and trademark.In a Nov. 2 ruling, U.S District Judge Charles Breyer granted $618,240 in attorney’s fees for 1,030.4 hours work billed at $600 per hour. Lantah had requested compensation at a rate of $900 per hour, but the judge reduced the fees to meet the market rate for the services.Lantah was also awarded....
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