Russia Tightens Grip on Telegram, Highlighting Urgent Need for Decentralized ...
What to Know: Russia’s move to restrict Telegram underscores the vulnerabilities of centralized platforms and strengthens the case for decentralized infrastructure. Bitcoin’s long-standing limits on speed and programmability have created a significant opportunity for Layer 2 solutions to expand its utility. Bitcoin Hyper aims to solve these issues by integrating the Solana Virtual Machine (SVM) to bring high-speed smart contracts to the Bitcoin ecosystem. A successful presale and notable whale buys suggest strong market confidence in the growth of Bitcoin-based DeFi and dApps.....
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Pavel Durov, founder of the messaging app Telegram, has criticized Bank of Russia’s proposal to impose a blanket ban on a range of crypto-related activities. Such move would stifle high-tech development and chase away blockchain specialists, Durov says.
Durov Speaks Out Against Bank of Russia Push for Crypto Ban
The cryptocurrency ban proposed by the Central Bank of Russia (CBR) will destroy a number of high-tech sectors and spark an outflow of IT specialists, Pavel Durov, the man behind the popular-in-the-crypto-community messenger, Telegram, has predicted. The Russian....
Social messaging is an emerging trend on a global scale. With so many ways of communicating with other people around the world, it could prove to be an interesting way of increasing Bitcoin awareness and adoption. And there are several applications trying to merge the best of social messaging and digital currency into an easy-to-use platform. SendChat is one of those platforms, and they are focusing a lot of providing top notch security. SendChat – Bringing Digital Currency To Telegram Users. When we talk about adopting blockchain technology en masse, there is no better way to show people....
While Bitcoin price has been rather calm as of late, the return of Bitcoin volatility could be around the corner as China introduces new capital controls. China Tightens Grip on Capital. Confirmation is coming out of China that new regulations are being placed on how businesses move capital in and out of the country. Considering the impact of China on Bitcoin, the price could be due for another spike. One source familiar with the matter told Reuters: “The State Administration of Foreign Exchange (SAFE) has begun vetting transfers abroad worth $5 million or more and is stepping up scrutiny....
Announced on Twitter on February 11, 2015, Telebit started to gain traction earlier today. Telegram is an instant messaging app for smartphones, tablets and the web. Similar to Whatsapp, the popular instant messaging app acquired by Facebook in 2014 for $19 billion, Telegram offers better privacy and security, as well as an open protocol and API. These features have gained Telegram 50 million faithful users. A Bitcoin wallet integrated with Telegram, Telebit allows bitcoin to be exchanged among other Telegram users as well as external bitcoin addresses. "The [Telebit] system has been live....
Telegram's TON saga seems far from over, as a disgruntled investor seeks compensation. Da Vinci Capital, a major investor in Telegram’s $1.7 billion initial coin offering, has reportedly requested compensation for the failed launch of the Telegram Open Network, or TON.Investors at Da Vinci Capital reportedly sent a letter before claim to Telegram CEO Pavel Durov, stating that the fund is planning legal action against TON Inc. and Telegram, Forbes Russia reports Monday.Citing anonymous sources close to Da Vinci, the report states that the fund has demanded $100 million incompensation from....