Pavel Durov brings back Gram as TON enters sts next big test

Toncoin (TON) roared higher on Monday, climbing about 11% and pushing above roughly $2.30 earlier in the day before cooling slightly. The jump came after Telegram founder and CEO Pavel Durov announced that The Open Network’s native token will be renamed from Toncoin to “Gram” over the next three weeks. TON Shift To ‘Gram’ Durov said the rebranding is more than marketing. “TON’s native currency is becoming Gram,” he wrote, adding that “Gram was the original name of TON’s currency in the first white paper.”  In his message, he described the move as a return to the network’s roots and the start of what he called “a new chapter.” He also framed the rename as “step 4 of 7 to Make TON Great Again,” referring to a broader roadmap he has disclosed in his personal Telegram channel since May.  Durov stated that the blockchain will remain called TON, and that the three-week transition will not require holders, validators, or DeFi integrations to take action. Existing TON balances, he said, will c

Telegram is taking the reins of The Open Network, years after abandoning the project—and it plans to adopt Toncoin's originally planned name.

Toncoin price jumped as Bitcoin revisited support below $72,000. Bulls took advantage of Telegram-related news of a rebrand to GRAM token to push TON above $2.27. If buyers dominate, Toncoin could edge past $3.00 next. Toncoin rose by nearly 20% and touched highs of $2.27 on Monday, June 1, as traders digested a surprise rebrand […] The post Toncoin price soars as Telegram eyes TON’s rebrand to GRAM appeared first on CoinJournal.

Meta's AI support chatbot helped hackers hijack Instagram accounts, as reported earlier by 404 Media. In a video shared on Telegram, a hacker shows how they could take over an account by asking Meta's chatbot to switch the email associated with someone else's profile and then reset the password. The issue, which Meta says has since been patched, cropped up around the same time Barack Obama's White House account on Instagram was hacked. On Sunday, users noticed that the @obamawhitehouse account began posting images containing Iranian propaganda. Hackers appeared to have hijacked the Instagram accounts belonging to the US Space Force Chief Ma … Read the full story at The Verge.

Pavel Durov said in a Telegram channel post that The Open Network's native cryptocurrency will be renamed from Toncoin to Gram over the next three weeks, restoring the 2018 whitepaper name the SEC blocked. The token climbed as high as $2.21.

Telegram's control over TON could centralize blockchain governance, impacting decentralization ideals and reshaping investor confidence. The post Telegram rebrands TON coin to GRAM, announces Pavel Durov appeared first on Crypto Briefing.

Telegram's control over TON could centralize blockchain governance, impacting decentralization ideals and reshaping investor confidence. The post Pavel Durov announces Telegram is taking over TON blockchain, becoming its largest validator appeared first on Crypto Briefing.

The rebranding to Gram may strengthen community ties and enhance recognition, potentially boosting adoption and development on the TON blockchain. The post Toncoin rebranding to Gram as TON blockchain returns to its roots appeared first on Crypto Briefing.