The biggest news in the crypto-verse for Nov. 30 includes Kraken laying off 1,100 staff as crypto winter bits hard, Binance...

The founder of messaging app Telegram is announcing the development of a new decentralized exchange (DEX) platform and crypto wallet. In a new post to...

Pavel Durov, the founder of Telegram, announced that the company would launch a range of decentralized cryptocurrency products, including a decentralized...

Toncoin is outperforming major coins despite a turbulent week for the crypto market. The coin experienced a surge of over 14% within the week, leaving traders with huge profits. Toncoin is currently trading at $1.44 per coin, a 4.68% gain in the last 24 hours. Toncoin’s gains also extend to BTC and ETH as it records a substantial edge in price over both cryptos. More recently, Telegram announced the near-completion of its username auction marketplace. The announcement also mentioned the marketplace would leverage the Ton blockchain infrastructure. This bullish news helped push Ton’s price over 12% on the day. Related Reading: Twitter Working On Its Own Crypto Wallet Prototype Toncoin Makes Bullish Reversal To Bag Over 16% Gains TON’s price jump last Thursday came as a surprise for traders and the Ton blockchain users. It was trading in the red zone, touching $1.22 at midday. However, it quickly made a reversal and jumped to $1.39. After making its 13.93% gain, it closed the trading day at $1.35. This surge comes at a time when the cryptocurrency market as a whole has been doing poorly. For the first time this month, the total market capitalization of cryptocurrencies is already less than $920 billion. It might fall even lower than $910 billion by the end of the day. This week also saw Bitcoin, the world’s first crypto, fall below $19k. On Friday, Bitcoin fell to $18,811.51, marking a 1.25% drop from the previous day. While it’s still trading in the red zone, it has climbed to $19k. Specifically, it’s trading at $19,318, down 0.72% from the previous day, at press time. Ethereum also had a bloody week, despite recovering some losses today. On Friday, a unit of Ether was worth $1,278. This decreased by 1% from its early morning price of $1,292. Thankfully, it’s trading at $1,348, a 24-hour increase of 1.34%. However, the battle is far from over. Toncoin’s Partnership With Telegram Causes Price To Surge TON took to Twitter on October 21st to announce its partnership with messaging app Telegram. The partnership will see both platforms creating a marketplace for auctioning off custom usernames. A few weeks ago, Telegram founder and CEO Pavel Durov proposed offering distinctive and identifiable usernames. This will allow Telegram to purchase and trade usernames on the TON blockchain-based marketplace. From what we can gather from Telegram Usernames, the platform for online auctions is nearly ready for launch. It advises that the most valuable usernames be purchased and registered in the TON blockchain’s immutable record.  Related Reading: Can Bitcoin Bring An End To Crypto Winter? | BTCUSD Analysis October 24, 2022 This news was the main catalyst of Ton’s price action, which saw it gain over 16%. The number of trades has also increased by more than 380%. As Telegram plans to reserve and sell off unique usernames, there has been a rise in traders’ enthusiasm. Telegram also recently unveiled a TON-based functionality that paves the way for users to trade cryptocurrencies with one another. Featured image from Pixabay and chart from TradingView.com

The way we communicate is changing. Nowhere is this more starkly shown than in the rise of instant messaging platforms, which have seen exponential growth in recent years. Picking up the phone to talk to someone is becoming increasingly rare, as more and more people use instant messaging apps to chat and share content. Phone […]

The post The Top 10 Crypto Telegram Channels appeared first on Coin Bureau.

Cryptocurrency exchange Binance has joined the Association of Russian Banks (ARB), a move that arguably bolsters its relationship with top financial institutions in Russia. (Read More)

The TON blockchain will soon embrace a new set of non-fungible tokens (NFTs). This represents a first-of-its-kind NFTs coming on ...

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Vladimir Putin, the president of Russia, during a video conference held on 26th January, has told the government officials that Russia bears certain “competitive advantages” in mining cryptocurrencies such as Bitcoin.

The post Why Putin says Russia has “competitive advantages” in crypto mining appeared first on CryptoSlate.

Russia needs Bitcoin regulation according to the Finance ministry and not a ban as the central bank proposed and we reported in our BTC news. The country’s finance ministry said that’s not what is needed to protect citizens. Russia’s central bank aid that the country needs to regulate and not ban crypto. The Finance Ministry […]

On January 20, the Bank of Russia published a report proposing to ban the cryptocurrency industry in the country. After being heavily criticized, the institution defended its position in a statement.

Tech and political oligarchs in Russia are expressing their full displeasure over the proposed blanket ban on crypto. (Read More)

Russia’s apex bank plan to impose a blanket ban on crypto activities like trading and mining has been met with stiff resistance from opposition members and the country’s tech community.

The post Telegram founder voices discontent about proposed Russian crypto ban appeared first on CryptoSlate.