Telegram has raised an initial $850M for its billion-dollar ICO

 It looks like Telegram’s billion-dollar ICO has reached its first milestone after the chat app company raised an initial $850 million, according to a filing. A document submitted to the SEC earlier this week states that the money was raised “for the development of the TON Blockchain, the development and maintenance of Telegram Messenger and the other purposes.” The security… Read More

Telegram’s new widget lets businesses connect directly with users of its chat app

 We know that messaging app Telegram has big plans — beyond a planned $1.2 billion ICO it is also developing its own platform for blockchain-based services — and today it took a notable step towards making its messaging platform more useful as it rolled out a web login widget. The new feature will allow website owners (business owners) to connect with Telegram users right from… Read More

Scammers are cashing in on Telegram’s upcoming ICO

 Desperate for an opportunity to jump aboard in the next big thing, cryptocurrency owners are losing money by investing blindly in fake Telegram ICO websites. Chat app Telegram’s upcoming ICO promises to break records with a target raise of $1.2 billion, which may be extended to $2 billion according to new reports. The public sale component isn’t scheduled to launch until March,… Read More

Equity podcast: Dropbox and Xiaomi want to go public, and how big is Telegram’s ICO?

 Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This week was a corker. Our co-host Matthew Lynley is back, Katie and myself were on hand, and our guest, Shruti Gandhi from Array Ventures, was brilliant. And the news gods were kind, as there was quite a lot to get through. First, we looked into the… Read More

Inside Telegram’s ambitious $1.2B ICO to create the next Ethereum

 We have even more information about messaging app Telegram’s plans for cashing in on its popularity within the crypto community with the massive ICO for its proposed Telegram Open Network (TON) project (that we first reported), after obtaining the whitepaper and investor prospectuses in full. From the documents, it is clear that Telegram isn’t content with sitting on a platform… Read More

Telegram plans multi-billion dollar ICO for chat cryptocurrency

 Encrypted messaging startup Telegram plans to launch its own blockchain platform and native cryptocurrency, powering payments on its chat app and beyond. According to multiple sources which have spoken to TechCrunch, the “Telegram Open Network” (TON) will be a new, ‘third generation’ blockchain with superior capabilities, after Bitcoin and, later, Ethereum paved the… Read More