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? Telegram now lets users send cryptocurrency through TON blockchain spinoff
Telegram now lets users send Toncoin, the cryptocurrency built off of Telegram’s abandoned blockchain effort, directly from chats within the messaging app. In 2020, Telegram shut down its own cryptocurrency operation after facing pressure from the Securities and Exchange Commission (SEC).
Even after Telegram abandoned the TON project, a group of developers kept it afloat, renaming it The Open Network and rebranding Gram as Toncoin. TON is still years ahead of everything else in the blockchain realm.” Earlier this month, the TON Foundation managed to raise $1 billion in donations.
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