Iran Warns Citizens Against Using Telegram’s Cryptocurrency, Gram

The Iranian government has continued its adversarial actions against Telegram by criminalizing the use of Gram, the native token of the encrypted messaging app’s new blockchain. According to the Tehran Times, Iran’s Secretary of Criminal Content Definition Task Force, Javad Javidnia, has issued a warning saying that any support offered to the coin would constitute

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MIT: Crypto Pump-and-Dumps See $7 Million in Volume Every Day

According to the Massachusetts Institute of Technology (MIT) Technology Review, two researchers at the prestigious Imperial College London have utilized artificial intelligence (AI) and machine learning to analyze hundreds of crypto pump-and-dump schemes to figure out a way to spot them before they occur. Since the 2017 bull market of cryptocurrencies, pump-and-dump schemes in the

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Could South Korea Follow Japan in Allowing Private Crypto ICOs?

On November 26, the Financial Services Agency (FSA) of Japan held an internal meeting to discuss the possibility of allowing private crypto initial coin offering (ICO) projects. Nikkei exclusively reported that local financial authorities are actively exploring the legalization of ICOs for institutional investors and accredited investors, as long as they are lawfully conducted within

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Telegram’s $1.7 Billion Cryptocurrency is 70% Complete: Report

An investor update from September pegged completion of the Telegram Open Network — the social media giant’s long-anticipated cryptocurrency project — at 70 percent. Perhaps the most notable element of the report, which was leaked on LinkedIn and had not previously been publicly available, is that the virtual machine (similar in nature to the Ethereum

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Bear Effect: SEC Crypto Crackdown Precedes 48% Drop in ICO Funding

The amount of money that initial coin offerings attracted in this year’s third quarter fell significantly compared to the second quarter. According to a report by crypto market analysis firm ICORating, the amount that was raised via ICOs from July to September reduced by 48 percent compared to what was raised from April to June

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Russia May Unban Telegram…if it Shares Encryption Keys with the FSB

Russia’s telecommunications watchdog said that it will consider reversing the ban on messaging service Telegram if the company submits to a court order requiring it to share its encryption keys with federal law enforcement. Russia-based news outlet RT reports that Roscomnadzor (RKN), which began blocking local access to Telegram after the company refused to comply

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Cryptographic Experts Reveal Security Issues in Telegram Passport

Virgil Security, Inc., a cryptographic services provider, has published a report which raises concerns regarding the security of Telegram Passport. Telegram Passport is the latest feature introduced by the messaging app last month. It allows users to upload personal identification documents such as passports, identity cards, and drivers licenses to be stored in the Telegram

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Opinion: Blood, Sweat, and Tears

The only thing I really know about running a startup is that you’re supposed to suffer. It’s hard as hell to create a good company. The recipe sounds so simple, though: find a problem, create a solution, build a product around it and monetize it. It seems like it’s almost impossible to fail. The reality

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Snapchat’s Main Investor is Forming a Cryptocurrency Fund

On May 18, Recode reported that it has discovered Lightspeed Venture Partners, the main investment firm which backed many successful technology companies like Snapchat operator Snap, is planning to establish a fund that is exclusive to the cryptocurrency market. Three Options Sources of Recode confirmed that the venture capital firm is actively investigating into various

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Telegram Takes Alleged Trademark Squatter to Court over Cryptocurrency Naming Rights

Encrypted messaging company Telegram has filed a trademark suit against a Florida company that also intends to create a cryptocurrency named “gram.” The suit, which was filed on May 11 in the San Francisco branch of the US District Court for the Northern District of California, alleges that Lantah LLC violated Telegram’s service mark rights

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