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The Daily: Revolut to Launch in North America, US Startup Presents Telegram Alternative

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The Daily: Revolut to Launch in North America, US Startup Presents Telegram Alternative

Digital bank Revolut is planning to expand its operations in America and Russia. Also, payment card provider Fuzex signs an agreement with Dash, a US-based startup offers an alternative to Telegram, and crypto firm Smart Valor receives approval as a financial operator in Switzerland.

Also read: Robinhood Aiming for IPO, Dodgers to Give Away Crypto Tokens

Revolut Enters Markets in America, Canada, Russia

The Daily: Revolut to Launch in North America, US Startup Presents Telegram AlternativeUK-based online bank Revolut has some serious plans for expansion this year which include North America and the Russian Federation. Its cofounder and CEO Nikolay Storonsky recently revealed that the waiting list in the US now numbers 60,000 potential customers. Storonsky announced the plans to launch in the United States and Canada during the Techcrunch Disrupt conference noting that his company intends to start issuing its cards no later than December.  Read more...

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If Telegram Share Their Encryption Keys, Their App Will Be Available In Russia Once Again

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If Telegram Share Their Encryption Keys, Their App Will Be Available In Russia Once Again

Telegram, the ICO led social messaging app is current banned in Russia, although according to reports, this ban could soon be overturned if the company agree to share their encryption keys with law enforcement authorities in Russia. This comes as the Federal Security Service (FSB) have decided that they need to access encrypted messages in order to combat terrorism, though we can question if Telegram really is the arena of choice for terrorist communications.

According to CCN:

“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.  Read more...

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Telegram Cancels Initial Coin Offering: What It Means for ICOs

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TheMerkle_Investors Cash

Thus far, 2018 has largely been a period of uncertainty regarding the state and future of Initial Coin Offerings. With the US SEC taking an increasingly active role in the regulation of ICOs, and an increasingly controversial perception of this funding method, it is unclear what sort of role ICOs will serve in both the short and long run.

Earlier this week, the Wall Street Journal reported that Telegram had decided to cancel its hotly anticipated ICO. The encrypted messaging application plans to create the Telegram Open Network (TON), a massively scalable blockchain ecosystem for micropayments and file storage, among other services, through DApps and smart contracts across multiple, connected blockchains.  Read more...

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Six Alternatives to Telegram for Cryptocurrency Communities

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Six Telegram Alternatives for Cryptocurrency Communities

Telegram is great…when it works. Unfortunately, the crypto world’s favorite messaging app is prone to periodically going down due to technical failures and what seems like repeated attempts by the Russian security services to meddle. Over-reliance on Telegram is a classic case of over-centralization. For cryptocurrency projects seeking a fallback alternative, the following options are worth a look.

Also read: Japan’s SBI Unveils New Plans to Start an Exchange for Major Cryptocurrencies  Read more...

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Bitcoin in Brief Monday: Outage Downs Telegram, Bitcoin Shines on a Bank

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Bitcoin in Brief Monday: Outage Downs Telegram, Bitcoin Shines on a Bank

Technical Issues, blockchain plans, and bitcoin pranks – we’ve got a colorful selection of news in today’s Bitcoin in Brief. The popular messaging app Telegram was down for some users in Europe and the Middle East over the weekend, but the problem has been resolved. Also, a bitcoin logo appeared on the facade of the Swiss National Bank building in Zurich. Do you want to know who’s behind the idea?

Also read: This Week in Bitcoin: Amazon Wants to Track You and TD Ameritrade Plants a Flag  Read more...

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Russia: Telegram Ban Failure Shows Banning Bitcoin is Impossible

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Amid chaos and mass complaints, the Russian government may have to “ban Bitcoin” in order to successfully ban Telegram.

Telegram Shrugs Off Failed Censorship

The ‘solution’ to the seemingly impossible task of stopping Russian users accessing the encrypted messenger app underscores the crude reality of censoring global (and decentralized) networks.

That’s according to social media commentators both inside and outside Russia, who are responding to the country’s telecommunications regulator Roskomnadzor’s failure to actually block Telegram with a mixture of embarrassment and satirical joking.

Russian Efforts  Read more...

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Telegram Could See Its Token Benefit from Russian Ban

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Telegram, one of the most popular messaging apps in the world, has been shut down by the Russian government.

 “Privacy Is Not for Sale”

A recent Forbes article has reported that the Russian government has moved on shutting down Telegram, the major messaging platform, in Russia. The FSB, Russia’s main intelligence agency, requested the encryption keys for the app multiple times, but the messaging platform refused to hand them over.

Telegram Messenger

The founder of Telegram, Pavel Durov, is now living in self-imposed exile. About this volatile situation, he said:

Privacy is not for sale. Human rights should not be compromised out of fear or greed.  Read more...

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Greedy Facebook Versus Ideological Telegram: Why Principles Matter

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Facebook Versus Telegram: Why Principles Matter

Something happened this week that rarely occurs, history offered up a side-by-side comparison with a control. Heads of respective social network and messaging platforms Facebook and Telegram were each brought before their home governments, the United States for Mark Zuckerberg, Russia for Pavel Durov. How the two men responded is telling, and should inform everyone concerned with privacy, especially cryptocurrency enthusiasts.

Also read: CBS’s NCIS Los Angeles Weaves Stolen Bitcoin Into Script, LL Cool J Is on the Case

Facebook Versus Telegram: Why Principles Matter  Read more...

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Russian Court Bans Telegram, Founder Pavel Durov Defiant

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Russian Court Bans Telegram, Pavel Durov Defiant

Russian security services ordered Telegram to hand over access to encrypted user messages, but the messaging application (app) refused. Founder Pavel Durov didn’t bother to send lawyers to Moscow’s Tagansky court, and the court dutifully ruled against his company, taking less than 20 minutes in decreeing an immediate ban.

Also read: CBS’s NCIS Los Angeles Weaves Stolen Bitcoin Into Script, LL Cool J Is on the Case  Read more...

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SCAM ALERT: Sham UK Company Tries to Capitalize on Telegram ICO Success

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As reported by Quartz, someone has created a sham company with the name of the Telegram ICO, Telegram Open Network Limited. The UK company, registered with Companies House on Feb 28, lists Pavel Durov as CEO, but was confirmed as a fake by Telegram over Twitter.

Fishy Business

Keen observers may, however, have spotted the clues suggesting that the company may not be all that it seems.

For starters, the listing claims that Pavel (stated as sole director, shareholder and company secretary) is a British citizen. In fact, Durov is a citizen of St Kitts and Nevis. He left his native Russia after he was ousted from the VK social network which he founded.  Read more...

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Iranian Officials Issue Contradictory Statements Regarding Telegram Ban

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Iranian Official Issue Contradictory Statements Regarding Telegram Ban

Telegram’s initial coin offering has been the catalyst of confusion among Iran’s leadership, with conflicting statements regarding a potential ban on Telegram being made by officials. A few days ago, Iranian parliamentarian, Alaeddin Boroujerdi told media that Iran’s “highest level” officials wish to ban Telegram by April 20 due to the app’s monopoly position within the country and concerns that Telegram’s cryptocurrency may “undermine the national currency” in Iran. Despite M. Boroujerdi’s comments, the Iranian president, Hassan Rouhani, has spoken against the rumored ban.

Also Read: Venezuela to Use the Petro to Buy Auto Parts from Russia  Read more...

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Pumpandumping ICOs? Watchout – Court Orders Telegram to Hand Russia Its Encryption Keys

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Court Orders Telegram to Hand Russia Its Encryption Keys

Telegram has lost a court battle against handing its encryption keys to Russian security services. The messaging platform, which forms a pivotal network for the cryptocurrency community, has said it will appeal to the Supreme Court in a bid to prevent Russia obtaining the private data of millions of users.

Also read: Some of Bitcoin’s Earliest Adopters Find it Difficult to ‘Cash Out’  Read more...

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Telegram ICO Details $850M Pre-Sale to the SEC

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The Telegram ICO is well on its way to its $ 2 billion goal as it raises a whopping $ 850 million during its pre-sale.

When rumors leaked about a Telegram ICO, people took notice. The messaging app has become indispensable for many segments of society, especially for the crypto world. The overall goal of the app’s ICO is an eye-opening $ 2 billion, which would make it the largest ICO in history. While some scoffed at such a number, that goal now appears to be easily manageable as the pre-sale netted a total of $ 850 million.  Read more...

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Bitcoin and M-Pesa Integration Is Now A Thing

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Most people who have been active in the Bitcoin world for a while now will remember a company called BitPesa. Similar to how M-Pesa offers remittance services to Kenyans, BitPesa would do the same but based entirely on Bitcoin. Unfortunately, BitPesa never made as big of a splash as the company would have wanted, but Bitcoin’s story in the Kenyan remittance business is far from over.

Also read: EmailPay Lets Users Send Bitcoin To Any Email Address  Read more...

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HolyTransaction Integrates Tether and Targets Telegram Users

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Two of the more interesting developments in the Bitcoin ecosystem over the past year, come in the form of using Bitcoin on popular social messaging platform Telegram and the launch of Tether.  Both projects are distinctly different from one another, but there are companies looking to combine the power of both.  HolyTransaction is one of those companies, as their new HolyTransaction Bot supports both Telegram and Tether.

Making HolyTransaction Bot Available to Telegram and GetGems UsersTelegram

The first major development announced by HolyTransaction mentions the platform’s online bot, which can now be accessed by users of either Telegram or GetGems Messenger.  As mentioned in previous articles, GetGems Messenger is built on top of the Telegram codebase, making both platforms interoperable with one another.  Read more...

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SendChat Partners with BlockTrail To Provide Most Secure Bitcoin Environment

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Regardless of which service or platform you are using in the world of Bitcoin and digital currency, security plays an increasingly important role in our lives.  The problem is that most of us have gotten accustomed to doing things a certain way that compromise security in multiple ways.  But, when it comes to social messaging, SendChat is on the right track to change that situation, as they have partnered with BlockTrail.  Read more...

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SendChat Brings Darkcoin To 50 Million Telegram users

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A few weeks ago, we posted an article talking about how SendChat might integrate Darkcoin into their platform. Things were still up in the air at that point, but it looks like the SendChat team has come to a decision. After a thorough review of the Darkcoin technology, the SendChat team has gone ahead and implement DRK into their messaging platform.

Darkcoin is one of the very few altcoins in existence that show some great promise for 2015. Not just because of their technological prowess in regards to anonymity, but also because of their huge community and incredible developer team. All of these reasons aided SendChat in making their decision to integrate Darkcoin.  Read more...

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