Telegram Open Network Closed Testing to Start

According to one of the companies, taking part in testing, TON processes transactions with “extremely high speed”
11 April 2019   409

Telegram has started testing the Telegram Open Network (TON) payment blockchain platform. This is reported with reference to the leaders of the two companies that are participating in testing, by Russian media Vedomosti.

Access to the test version of TON was obtained by several professional teams consisting of blockchain developers from around the world, including Russia.

According to one of the interlocutors of the publication, there are no specific test results yet, but it is already obvious that TON processes transactions with “extremely high speed”.

Initially, the testnet launch was to be held in January, however, the developers, apparently faced with unforeseen circumstances.

In March, TON developers reported that the platform is 90% ready. In addition, the company has begun negotiations on listing the token GRAM on major Asian marketplaces - Huobi, Binance and OKEx.

Bitfinex May Try to Raise $1B With Own Token Sale

According to the founding partner of Primitive Ventures Foundation, "folks are selling the allocation of its IEO in a few channels"
30 April 2019   306

Bitfinex Cryptocurrency Exchange, presumably, intends to issue its own token and raise $ 1 billion in USDT by selling it. This was announced by the founding partner of Primitive Ventures Foundation Dovey Wan.

Earlier, Bitfinex was involved in a scandal because of the prosecution of the prosecutor's office in New York in an attempt to conceal the fact of losing $ 850 million using the reserves of its affiliate Tether.

There is no other information on this issue at the moment, however, the crypto-community on Twitter is already showing considerable interest in the alleged and ambiguous step of Bitfinex.

Also on Monday Bitfinex’ed provided a copy of the document, allegedly an agreement between Bitfinex and Tether, to provide the first loan of $ 900 million dated March 19, 2019. Bitfinex’ed pays attention to the issue of USDT from March 19 to April 25, when stablecoin's capitalization increased by $ 853 million, which, according to some, may be evidence of unsecured emissions.

Zirui published a message allegedly written by Bitfinex investor Zhao Dong, who previously disclosed insider information.