TON Mainnet May be Launched in March

During January there should be a meeting of the project investors with a TON demonstration 
23 January 2019   333

Telegram Open Network (TON) blockchain platform can be presented at the 49th World Economic Forum (WEF) in Davos, Switzerland. However, there is no official information about Pavel Durov’s speech at WEF yet.

At the same time, according to The Bell, during January there should be a meeting of the largest project investors with a demonstration of the test version of TON. The launch of the main network is expected in March.

According to the latest TON roadmap, which appeared in the Telegram-channel @Tgram in early January, the launch of the main network may be postponed for 2-3 months due to the “innovative nature of the development”.

TON is about 90% ready, and the latest news about the platform will appear in February 2019. At the same time, an audit of Testnet is scheduled in order to find errors and flaws.

Pavel Durov hadn't provide any official comment on the situation.

Note that initially the launch of a test network for TON was planned for the second quarter of 2018. At the end of the same year, a full launch of the platform and the Telegram Wallet wallet was planned.

Earlier it became known that Pavel Durov filed an application for the liquidation of the Telegram Messenger LLP. According to the assumption of some experts, the decision will relate exclusively to changes in the corporate structure of the company.

Gladius to Register Token as Security & Refund Investors

Startup self-reported in SEC on unregisted securities offering and cooperate with Commission, so it won't be fined
21 February 2019   102

Cryptocurrency startup Gladius Network LLC has informed the US Securities and Exchange Commission (SEC) about the sale of unregistered securities. On February 20, the SEC filed relevant charges.

During the ICO, the Gladius project raised $ 12.7 million in cryptocurrency equivalent for the development of a network for leasing computing facilities to protect against cyber attacks. The SEC stressed that the startup did not register their tokens as securities, as required by federal law, and did not agree to exclude them from the rules in the legal manner.

Moreover, tokensale was held after the publication of the SEC report on the situation with The DAO, in which the regulator stated that ICO can offer securities.

The press release says that Gladius contacted the SEC in the summer of 2018 and expressed interest in cooperating with the investigation. Thus, the agency refused to levy a fine, because the startup voluntarily agreed to return the funds to investors who require it and register the token in accordance with the provisions of the Securities Act of 1934.