💰1 billion USDT in TON

Steve Yun announced an increase in USDT collateral on TON:

Next stop: $1 billion USDt on TON by the Gateway in November.

Your tweet sniper @TonPost

💵The first payment in USDT on the TON network has been completed

The company ivendPay, a digital payment provider, executed a payment in USDT by harnessing TON's blockchain technology.

They integrated the new stablecoin from Tether into their payment systems. The transaction was processed through a special smartphone app and was handled instantly thanks to NFC technology, which works simply by tapping the phone to a terminal.

Thus, ivendPay demonstrated how to utilize cutting-edge technologies in everyday life to simplify payments. They strive to be ahead of the curve in terms of innovation and payment convenience, offering fresh solutions to its market.

This is quite something!

Your terminal @TonPost

🔒Exploit discovered in Telegram Channel Rewards

In the last few days, the first payments from advertisement revenue began flowing into the wallets of Telegram channel owners. Catch up on this feature here.

Users have found a vulnerability allowing them to repeatedly withdraw rewards, which they successfully exploited:

- The owner of wallet ...FCifC repeatedly withdrew a reward of 265.45 TON for a total of ~16,723 TON

- The owner of wallet ...MlGX7, similarly to the previous one, abused a reward of 167.47 TON for a total of ~3,616 TON

- The owner of wallet ...xBa_4, abused a reward of 50.7 TON, withdrawing a total of ~3092 TON

- The owner of wallet ...6MKmA, abused two rewards for a total of ~2774 TON

In total, from all known cases, over 26 thousand TON has been funneled and sold on exchanges. Due to this sell-off, the TON price dipped to $5.5.

Such abuse has now been put to an end, it seems. We are monitoring the situation for further details.

Your empathetical @TonPost

😨Farming in Catizen profitably

To get a boost from the very beginning, you should purchase coin packs. The first coin purchase will double your coins, so you're best off purchasing 39,000 $FISH for $130, so that at the end you'd get 78,000 $FISH.

First of all, we recommend spending $FISH on automatic breeding, and saving the remaining coins for better times.

Auto-breeding allows you to simply open the game and watch your cats breed. Keep this option in mind, as it makes things easier.

Why save $FISH? The higher level your cats reach, the higher your hourly $vKitty income becomes, so you can double a larger sum of income with fishing. Therefore, it's best to be patient, as it doesn't make sense to use accelerators from the start.

Mascots and boosts will also help multiply your tokens or cats. But don't rush spending all your $FISH on them. Allocate some $FISH in your wallet to pay for transaction confirmations.

Having accumulated enough funds, don't rush to buy high-level cats. Go to the store and start buying cats from lower prices to increasingly higher, thereby increasing your cat arsenal.

Don't forget about other mechanics in the cat metaverse, which will help you level up successfully. You can learn more about the game in our post.

Project resources:
Channel | Сommunity | Game | Medium

Your cat baron @TonPost

⚡️TON network fees slashed thrice

In response to its recent increase in value, the TON network has lowered fees for all transactions three times! This decision aims to improve the scalability and accessibility of TON, as its developers are constantly looking to foster innovation and stimulate activity within the TON ecosystem.

Starting from April 16, there will be a special discount on transactions in USDt. The fee for the first transaction has been reduced from 0.032 TON to 0.02 TON, and for subsequent transactions - to only 0.0145 TON.

Validators have approved the TON Core Dev team's proposal for another threefold reduction in fees. Now the cost of the first transaction is approximately $0.06, and subsequent transactions are around $0.04, assuming 1 TON = $7. The cost will vary depending on the fluctuation in the value of TON.

In the next node update, TON Core Dev team will introduce pre-compiling smart contracts. This means that the most popular smart contracts written in C++ will be embedded directly into the node, eliminating the need to execute them in TVM. This change reduces resource consumption and, consequently, the fees associated with these contracts.

Your discount @TonPost

🔗EVAA Protocol: TON lending activities

EVAA Protocol is a lending platform, a sort of token pawnshop within the TON ecosystem. There, you can store tokens, earn income, and borrow other tokens against your stored collateral.

News and promotions on the platform:
1) XP Rewards - are now being distributed for usage activity, with improved future airdrop of the platform's tokens
2) Native integration of USDt - announced directly at TOKEN2049
3) Bemo token $stTON added - holding this token in your wallet can earn you a bonus drop from Bemo

How to maximize profit?
- Send native USDt or TON to EVAA
- Borrow stTON tokens
- Receive two drops simultaneously

✨Unique reward opportunities until April 30th:
- Up to 80% APY on EVAA Protocol until the end of the Supply/Borrow campaign
- Increased APY on collateral, negative APY on loans, as well as the possibility to mine EVAA XP, with improved future drops
- Assets available: TON, USDt, jUSDC, stTON, tsTON

As part of the bonus strategy, you can stake TON in Tonstakers or Bemo, deposit the received LP tokens into the EVAA Protocol, and borrow TON or USDt for staking on StonFi or DeDust platforms, thus multiplying your rewards.

Find out more details about the platform and earning opportunities here:
Telegram | Website | TMA

The information provided does not constitute a call to action. NFA & DYOR remain essential.

Your lending @TonPost

💵Advantages of USDT on the TON Network

On April 19 at the TOKEN2049 conference in Dubai, Pavel Durov (CEO and founder of Telegram), Paolo Ardoino (CEO of Tether), and Andrey Rogozov (CEO of TOP) announced the introduction of USDT on TON.

What sets USDT on the TON network apart from other networks?

- Instant transfers for all Telegram users via @wallet.
Done by sending a personal message, no need for a wallet address or any external application.

- Low network fees and quick transactions. The fee for a USDT transaction between two users is fixed at only 0.0145 TON (~$0.10).
TON's high throughput and fast confirmation times allow for faster processing of USDT transactions.

- In less than a month after introducing its USDT provision, TON network has risen to 8 out of 16 blockchains in Tether's ranking.
The provision of USDT on TON amounts to $130,000,000.

- USDT on TON network is already supported on OKX, ByBit, Kucoin, MEXC, Bitfinex and other exchanges.
Transferring funds from all supported exchanges to TON will be completely free of charge until the end of June 2024.

- This is a major innovation and a completely new experience for cryptocurrency users.
To pay the transaction fee, users will no longer need to hold the the host network's native coin. On the TON network, the transfer itself will be paid in USDT.

Integrating USDT into the Wallet and the TON ecosystem has simplified USDT transactions for the crypto community, distinguishing it vividly from other blockchain solutions.

For the first time, users have a native stablecoin, enjoying the benefits of transfers within Telegram to any contact for free, and soon they could even pay gas fees with USDT (TON).

Businesses of all sizes using Wallet Pay will benefit from fast payments and low fees, expanding their operations to Telegram's worldwide user base.

This integration became another accessible entry point into the system, combining the benefits of digital currencies with the stability of traditional fiat currencies. This greatly simplifies newcomers' experience and paves the way to explore the benefits of DeFi in Telegram.

Your entry @TonPost

🗺TON x Arkham

The Arkham Intelligence team has announced the addition of TON into their service.

Arkham is a blockchain analysis platform for facilitating research in the cryptocurrency world using artificial intelligence. The project offers in-depth insight on various assets, funds, exchanges, and cryptocurrencies.

For its analytical side, Arkham makes use of artificial intelligence to enhance the volume and efficiency of data collection and processing. Concurrently, Arkham Intel Exchange offers users a means of exchanging information related to specific addresses and transactions through a unique reward-based market model and auction system.

For example, one person offers a reward of approximately $670 to track information about the wallet of tech billionaire Elon Musk. Others have offered substantial rewards for information about wallets belonging to cryptocurrency exchange founder Do Kwon and former CEO of bankrupt crypto exchange FTX, Sam Bankman-Fried.

The platform already shows TON metrics, and its devs promise to soon provide Telegram users with lightning-fast access to Arkham through a Telegram Mini App.

Your tech buddy @TonPost

💵A Tier 1 fund invested in TON

Pantera Capital announced in their blog about their decision to invest in TON.

Pantera Capital is an investment company and hedge fund specializing in blockchain and cryptocurrencies. It was founded in 2013 by Dan Morehead, former Wall Street executive and CFO of Tiger Management. According to some estimates, its investment portfolio exceeds $5 billion.

"We believe TON has the capacity to introduce crypto to the masses because it is used extensively within the Telegram network. Telegram has over 900 million monthly active users on its future-facing, fast, and secure messaging platform that is used for personal and group communications, large-scale community building, content sharing, and more." - Pantera Capital.

Pantera Capital's investments will go towards supporting future and existing developers in the TON ecosystem.

The fund investors believe that TON network is still in its early stages of development, and are eager to see how its ecosystem and new features will be embraced by Telegram users.

Previously, other funds such as DWF Labs ($10M), Mask Network, MEXC, Animoca Brands, KuCoin Ventures, and Mirana Ventures ($8M) have invested in TON, for a total sum of over $30 million.

Your capital @TonPost

🏆TVL TON has reached $200M!

The TVL (Total Value Locked) in the TON ecosystem has just hit a significant milestone - $200 million! This figure reflects the total value of all assets locked in various decentralized finance (DeFi) applications operating on the TON platform.

1. STONfi - $126.56m
2. DeDust - $55.18m
3. Storm Trade - $9.06m
4. EVAA Protocol - $4.85m
5. Megaton Finance - $3.32m
6. DAOLama - $2.06m
7. Tonnel Network - $1.6m

Projects with liquid staking are not included in the total TVL, but their combined TVL is $290 million:
1. Tonstakers - $209.25m
2. Bemo - $64.92m
3. Stakee - $14.62m
4. Hipo - $3.4m

In addition to the TVL of the above projects, there are also locks in the TON Believers Fund $7.5B and the total TVL of frozen early miner funds $6.2B.

In addition, the TON Ecosystem Reserve wallet address holds $3.16B, and the Telegram team plans to hold no more than ~10% of the total TON supply (~510M TON)

Total approximate amount of immobilised funds in the ecosystem: 2,157,469,584 TON ($12,729,070,545) or 42.25% of the total supply, given that at the time of writing the post, the TON exchange rate = $5.9.

This record confirms sustained growth and confidence in the system, which is fueled by innovative projects, improving technological infrastructure, and an increasing number of users choosing TON as a reliable platform for investing and developing DeFi projects.

The growth in TVL is a key indicator that the TON ecosystem is maturing and attracting new participants. It also reflects high trust from crypto investors.

We stand on the threshold of new opportunities and continue to monitor the dynamics of TON development. Our next target is $500 million!

Your revitalizing @TonPost

🏰TON integrated into Fideum

Fideum announced on Twitter that TON is now listed on their CeFi wallet.

Fideum is a company that integrates blockchain technology into modern banking. It seeks to expand the capabilities of financial institutions and small and medium-sized companies by providing banking products and services for digital assets.

Fideum brings together CeFi, DeFi, and traditional banking in one platform. It offers solutions such as access to decentralized exchanges, automating smart contracts, crypto wallet services, and tools for regulatory compliance.

The company takes pride in its global coverage, experience in blockchain technology and traditional finance, while its mission is to bring innovation to the financial sector.

Such partnerships simplify users' interaction with decentralized financial services, contributing to the mass adoption of cryptocurrencies among banks and enterprises.

Your banker @TonPost

💱TON listed on HashKey

The HashKey Exchange announced that TON is joining their platform.

HashKey Exchange is a Hong Kong-based centralized cryptocurrency exchange founded in 2018.

Deposits and withdrawals are already available, and TON/USD trading will begin on May 9th at 11:00 (MSK).

Web3festival, held from April 6th to 9th and organized jointly by Wanxiang Blockchain Labs and HashKey Group, brought TON a lot of support among the Hong Kong community at all levels.

→ Rewatch the Web3Festival broadcast: "Cryptocurrency revolution in the Telegram ecosystem"
→ Rewatch Web3Festival's TON day

Your Hong Kong correspondent @TonPost

💎TON is the largest investment in Pantera Capital's history

Pantera Capital, a leading investment fund, made its largest investment ever, for which it chose TON as the recipient.

While the exact amount is not disclosed, we know that the fund has previously invested in major projects such as Bakkt, Bitso, and Alchemy, with a total investment volume from $250 to $300 million. This suggests that a comparable amount may also have been invested in TON.

In an exclusive interview, Dan Morehead, founder of Pantera Capital, shared the key factors that attracted him to TON. An existing Telegram community with 930 million active users proved to be of paramount importance, paving the way for rapid and wide-scale adoption of the new technology. Unlike most blockchain platforms that strive to build their community from scratch, TON has a ready and active audience.

Other important investment factors included:
- The independence and neutrality of Telegram as a platform, resulting in a high level of trust among users
- The scalability of the TON network, capable of handling a significant volume of transactions
- Integration of @wallet into Telegram, simplifying token management without the need to remember complex seed phrases
- Business development and monetization opportunities through mini-applications and virtual goods trading within the platform

The potential for TON's growth and development is worldwide, extending far beyond the scope of traditional blockchain projects. It has already attracted the attention not only of Asian investors but also serious American market players like Pantera Capital.

This investment could take the blockchain to a new level where it would be integrated into the everyday use of hundreds of millions of users.

Your panther @TonPost

💵The most successful Tether launch

In less than a month, the amount of USDT issued on the TON network reached $223,490,102, which, in terms of the stablecoin's distribution speed, is the most successful launch by the Tether team yet.

Let's recall the key advantages of USDT on TON compared to other networks:
- Instant transfers for all Telegram users via @wallet
- Transaction fee is fixed at only 0.0145 TON (~$0.10)
- Transferring funds to TON from all supported exchanges will be totally free until the end of June 2024
- Soon, USDT transaction fees on the TON network will be paid for in USDT, so users won't need to hold the network coin to pay for it.

📊Top blockchains by the number of circulating USDT:
1. Tron — $57,589,891,892
2. Ethereum — $50,386,158,608
3. Avalanche — $1,250,500,019
4. Solana — $793,256,517
5. The Open Network — $223,490,102
6. Near — $148,999,998
7. Omni — $135,789,994
8. Cosmos — $103,500,000
9. EOS — $37,277,929
10. Celo — $40,000,000
11. Tezos — $37,277,929
12. Algorand — $17,999,918
13. Polkadot Asset Hub — $17,997,743
14. Liquid — $17,211,849
15. Kusama Asset Hub — $1,490,003
16. SLP — $986,524

Your infographic @TonPost

💱Mining $NOT by staking

Ahead of the $NOT listing, which will take place tomorrow, May 16, exchanges are offering the opportunity to mine the token by staking various currencies.

Staking $NOT for rewards is available on:

- Binance with a  ~32% annual percentage rate (APR)
• Available staking pools: FDUSD and BNB
• Over $13 billion has already been staked
• A total of 3.08 billion $NOT has been allocated for staking

- ОKX with a ~700% annual percentage rate (APR)
• Available staking pool: TON
• A total of 3.08 billion $NOT has been allocated for staking

- Wallet with a ~273% annual percentage rate (APR)
• Available staking pool: TON
• A total of 1 billion $NOT has been allocated for staking

- Bybit with an ~800% annual percentage rate (APR)
• Staking pools with NOT, TON, and USDT will become available immediately after listing
• A total of 1.2 billion $NOT has been allocated for staking

Events like $NOT staking and its upcoming listing are certainly attracting investors' attention and increasing interest in the TON ecosystem. The amount of funds already participating in staking reaches billions of dollars, pointing towards market participants' expectations.

These conditions will significantly increase liquidity and activity on TON, creating favorable developments in the entire ecosystem. No doubt, $NOT is paving the way for TON and its tokens into new exchanges.

Discussions in the cryptocurrency community confirm the importance of this event and its potential for further growth. Let's keep our fingers crossed for expectations being met and stable network operation on May 16.

Your halfway full @TonPost

🙏STONfi attracts funding for cross-chain exchanges

STONfi has just completed an investment round, which was led by CoinFund: a community-driven hedge fund for blockchain technology research, founded in 2015 and based in New York.

The funds raised will be used for the development of the revolutionary OMNISTON protocol, which will enable direct cross-chain token exchanges without intermediaries and integrate this functionality into Telegram.

Well-known funds such as Delphi Ventures, Karatage, and TON Ventures, as well as the founders of 1inch, Sergej Kuntz and Anton Bukov, and LI.FI CEO Philipp Zentner, also took part in the investment round.

These investments will help STONfi provide millions of Telegram users with reliable and secure token exchange options between blockchains at favorable rates.

Your venturous @TonPost

💎Tether, TON Foundation and Oobit join forces to revolutionize payments

Tether Operations Limited announced a new strategic collaboration with Oobit, a mobile payment app, and the TON Foundation. Together, the companies aim to transform cryptocurrency payments by offering users the most convenient and seamless way to conduct transactions.

"We are excited to collaborate with Oobit and the TON Foundation to expand Tether’s utility and promote the adoption of cryptocurrency payments. This collaboration underscores our commitment to driving innovation and accessibility in this space. Together, we will provide banking solutions to the unbanked population and revolutionize how users transact with cryptocurrencies, making it easier and more convenient," commented Paolo Ardoino, CEO of Tether.

The framework of the new partnership is based on integrating USDT and XAUT (a cryptocurrency backed by real gold) on the TON platform, which will improve the speed, security, and cost-effectiveness of fund transfers among users in the TON ecosystem. A key step in this direction was issuing over $200 million USDT on the TON blockchain. This allows users to send USDT via Telegram and instantly pay using the Oobit cryptocurrency wallet.

"At Oobit, we’re driven by a mission to empower individuals to harness the full potential of digital assets. Our collaboration with the TON Foundation and Tether exemplifies this commitment. We’re not just providing another payment option; we’re providing unbanked access to the most prominent cryptocurrencies and worldwide payments using Oobit" said Amram Adar, its CEO.

The Oobit platform features the convenient Tap & Pay function, enabling sellers to receive fiat even when paid in USDT cryptocurrency. This makes cryptocurrency more practical and accessible a wide audience.

"We are celebrating this collaboration with Oobit and Tether to enhance the TON ecosystem,” said Victor Mendes, Head of Business Development at Wallet. “This integration is making cryptocurrency accessible and easy to use. By integrating Toncoin into Oobit’s Tap & Pay feature, millions of users may enjoy a simple Web3 on- and off-ramp experience. Together, we’re accelerating toward our vision of putting crypto in every pocket and driving mass adoption globally." said Victor Mendes, Head of Business Development at Wallet.

By integrating USDT into TON and enabling payments via Telegram, users will enjoy fast, secure, and convenient P2P transactions. Collaboration with Oobit will allow millions of people, including those without a bank account, to access digital assets and use them in everyday life.

Such integration not only expands the use of cryptocurrency but also brings a new level of accessibility and convenience in the digital economy. Telegram, one of the most popular messengers in the world, becomes a key element of this ecosystem, setting new standards for cryptocurrency payments and creating a truly global financial network of the future.

Your golden @TonPost

🖥Open League Summer is here!

TON Foundation has started the Open League Hackathon, complemented this year by a series of bootcamps in 13 cities around the world, organized by 5 TON Society hubs with a total prize pool of $2,000,000!

Key highlights of the events:
- Three days of intensive networking, project development, lectures, and support from representatives of TON Foundation and ecosystem projects.
- $5,000 prize pool for each city, divided among the top three projects within the bootcamp.
- Food and merchandise from The Open Network!

Anyone interested can participate by filling out the pre-registration form.

From May 24th to May 26th:
🇩🇪Berlin - register
🇷🇺Moscow - register
🇭🇰HongKong - register

From May 31st to July 2nd:
🇵🇱Warsaw - register
🇷🇺St. Petersburg - register
🇹🇼Тaipei - register
🇰🇷 Seoul - register

From June 7th to June 9th:
🇨🇿Prague - register
🇺🇦Kiev - register
🇬🇪Tbilisi - register
🇷🇸Belgrade - register
🇧🇾Minsk - register
🇮🇳Gurugram - register

You can find the full schedule and event details on the TON Society website. Join the hackathon and invite your friends, colleagues, and acquaintances!

Your hacker @TonPost

🌟Telegram to launch its internal currency: Telegram Stars

This decision followed multiple complaints from Apple, who prohibits accepting payments outside its app store.

Apple notified Telegram that its bots, which accept payments for digital goods and services directly from customers, go against the App Store policy. This practice bypasses Apple's in-app purchase mechanism, violating Rules 4.7 and 3.1.1 of the app review guidelines.

Starting June 12, all bots accepting payments for any digital goods or subscriptions will be required to be paid exclusively in Telegram Stars. Users can purchase it through Apple and Google's in-app purchases and then use it to pay for digital goods and services. Developers will then be able to withdraw their balance through the TON blockchain.

The Telegram team announced that it will publish the fully updated API documentation in the coming days. Developers can already start adapting their bots and mini-applications to the new requirements.

These changes do not affect payments for physical goods and services. More information will be available on the @botnews channel.

The introduction of the internal currency Telegram Stars is a response to Apple's complaints and its requirements to comply with the App Store policy. This solution grants compliance with Apple's rules, because the internal currency will be purchased directly through Apple and Google's in-app purchases and will be used to pay for digital goods and services.

However, this points that Apple is unhappy with Telegram's current practices and seeks to strengthen control over payments passing through its ecosystem. Let's see where this goes.

Source
Your stellar @TonPost

🔸Is TON preparing to be listed on Binance?

TON was first spotted on the Binance WEB3 wallet on May 10th, and now there is already lots of information (or rumors) about the upcoming, (overdue) listing on Binance.

Are we ready for this, ladies and gentlemen? Drop 🍌, if you've been waiting, too!

Source
Your long-awaiting @TonPost