SafePal brings crypto banking to Telegram

SafePal has launched its Mini Wallet App on Telegram, enabling 950 million users to create their own Swiss-licensed crypto bank accounts.

The app supports a virtual crypto Visa card, provides access to bank accounts after KYC verification, and offers cryptocurrency exchange between over 100 blockchains.

SafePal plans to expand to new markets and launch a digital Mastercard in late 2024.

TON is now available on the Dune analytics platform

The official Dune Twitter account announced the integration of TON with Dune.

What this means:
• Access to advanced TON analytics
• New opportunities for ecosystem exploration
• Improved blockchain data transparency

Expected benefits:
• Deeper understanding of network activity
• Tools for analyzing trends and metrics
• Support for developers and researchers

$SWITCH Buybacks and Burns After Listing

PocketFi is launching a quarterly buyback and burn program for the $SWITCH token after its listing. The team guarantees transparency: quarterly reports on the funds spent and tokens burned will be publicly available.

How does it work?
• 15% of all trading fees generated on the PocketFi and BigPump platforms are allocated to buy back $SWITCH tokens on the open market.
• All repurchased $SWITCH tokens are permanently burned, reducing the total number of tokens in circulation.

What does this mean for you?
• Deflationary Model: The continuous reduction of $SWITCH in circulation creates deflationary pressure, contributing to organic token price growth.
• Price Support: The buyback and burn program helps stabilize and support the $SWITCH price, protecting your investment.
• More Activity = More Burns! The more active the community is on the PocketFi and BigPump platforms, the more tokens will be bought back and burned, accelerating $SWITCH price growth.

If you'd like to support the editorial:
• t.me/pocketfi_bot/Mining?startapp=207737178
• t.me/pocketfi_bot/BigPump?startapp=AntonioMarreti_1142

TON is now listed on Bithumb

Bithumb, a leading South Korean cryptocurrency exchange, has officially announced the listing of Toncoin (TON).

What this means:
• Access to TON for South Korean traders.
• Trading directly paired with the Korean Won (KRW) - TON/KRW.
• Potential increase in liquidity and trading volume.

Expected benefits:
• New momentum for TON price growth.
• Influx of investment from South Korea.
• Increased interest in the TON ecosystem and Telegram-related projects.

TON Foundation has received official registration in ADGM

The Abu Dhabi Global Market (ADGM), a leading international financial center, has officially registered the TON Foundation.

This is a significant milestone, signifying TON's recognition by a reputable financial center. The registration also facilitates the development of the TON ecosystem in accordance with international standards and unlocks new opportunities for growth.

OKX Ventures invested $5 million in the development of the TON ecosystem

This contribution will be a significant step in strengthening the TON ecosystem and promoting it globally. The new investment unlocks opportunities for innovation and community growth within the project.

How to Best Trade Meme Coins

Memlandia by TON Foundation continues, and the development of meme coins remains the main focus.

BigPump and STON.fi have joined forces to make meme coin trading even more profitable. Fees have been reduced to a record low of 0.02%

What does this mean for you?
• Referral rewards at their peak: Bring friends and receive generous bonuses from their trades. The more activity, the higher your income!
• Sniping becomes more precise: Low fees allow you to enter positions lightning-fast without losing profits on fees.
• Web version coming soon: Trading will become even more convenient soon — right from your browser!

How does it work?
• Choose memes on BigPump.
• Trade with minimal fees through STON.fi.
• Enjoy growing profits!

The more you trade, the more you and your referrals earn. Along with this, you're eligible for winning in TON Memlandia.

Support the author:
• t.me/pocketfi_bot/Mining?startapp=207737178
• t.me/pocketfi_bot/BigPump?startapp=AntonioMarreti_1142

NFT Stickers Are Coming to Telegram Soon

The Notcoin and DOGS teams have launched a mini-app in Telegram for purchasing limited-edition stickers.

Sticker packs from DOGS, BAYC, Flappy Bird, and Blum are already available. In the future, packs from Notcoin and Pudgy Penguins will also be added.

With the upcoming Telegram API update, users will likely gain the ability to convert sticker packs into NFTs on the TON blockchain and trade them on external marketplaces.

Currently, the stickers are limited — only a certain number of users can purchase them. However, everyone will be able to use these stickers.

Sticker prices start at 69 stars and depend on availability.

If you’d like to support our channel:
t.me/sticker_bot?start=_tgr_9hCrveFkNWYy

TON just got faster

The TON Core team has released updates that significantly boost block processing speeds on the network. Blocks are now generated in 2.8 seconds instead of the previous 4.8 seconds.

TON Foundation Announces Plans for Expansion in the USA

TON Foundation, the organization supporting the development of The Open Network (TON) blockchain, has announced a strategic focus on growth in the United States.

Key points:
• Manuel Stotz, founder of investment company Kingsway Capital Partners Ltd., has been appointed as the new president of TON Foundation.
• Manuel Stotz has been a member of the TON Foundation board of directors since its establishment in Switzerland in 2023.
• The focus is on growth in the USA in light of the expected favorable regulatory environment under the Trump administration.
• TON is closely associated with Telegram and provides access to various services for 950 million messenger users.

Telegram and TON Core Announce Blockchain Competition

Telegram and TON Core are launching a joint developer competition with a total prize pool ranging from $100,000 to $200,000.

Participants are invited to choose one of two challenges or tackle both. The challenges are: “Blockchain Validator” and “Trustless Bridge”

In the “Blockchain Validator” task, participants need to optimize and improve the efficiency of validators in processing and confirming transactions.

The goal of the “Trustless Bridge” task is to develop a reliable decentralized bridge between the TON blockchain and other blockchains.

The competition will be held in two rounds. The number of prize-winning spots will be determined based on the quantity and quality of the submitted solutions.

Deadline: February 4, 08:59 PM (UTC).

Telegram and TON Enter into an Exclusive Partnership

Telegram has announced an exclusive collaboration with The Open Network (TON) blockchain for crypto applications and games.

Key points of the agreement:

• All Telegram mini-apps and games with crypto functionality will be required to use TON exclusively.
• Existing projects on other blockchains will need to migrate to TON.
• The TON Foundation is offering grants of up to $50,000 for projects that complete the transition within 30 days.
• Telegram is already paying channel owners a portion of advertising revenue in Toncoin (TON) cryptocurrency.
• There are plans to launch NFT stickers based on TON.

TON Core launched a Telegram channel and unveiled a roadmap

Anatoly Makosov announced that TON Core has launched an Telegram channel and presented their roadmap for the first half of 2025.

Roadmap for the first half of 2025:
• Biggest "Accelerator" Kernel Update in Mainnet;
• New version of Toncenter API with new functionality: Actions, Pending, Emulation, Domains;
• Help in launching TON BTC Teleport;
• Payment Network Layer 2 (L2) release;
• Help in launching TON BTC Teleport;
• New version of TOLK 1.0;
• Development of new standards: Pending transactions ID, Smart contract interfaces, Secure typed signature of arbitrary data, TON wallet mnemonics, Multiple account generation algorithm.

$SWITCH token burn: your tokens could be burned

PocketFi is preparing for the listing of $SWITCH — the second step towards launch includes burning tokens held by users who are inactive in the bot.

To avoid losing your tokens, follow these steps:
1. Log in to PocketFi
2. Claim your $SWITCH tokens
3. Stay active and secure your place in the future ecosystem.

If you remain inactive for three weeks, your token balance will be burned.

Token burning is carried out to reduce the total supply and increase the value of $SWITCH.

How to Convert Gifts into NFTs

Conditions for Converting Gifts into NFTs:
• The gift must be upgraded. If a gift cannot be upgraded, it cannot be converted into an NFT.
• 21 days must pass since the gift was upgraded. If the gift is received or returned to the sender before the NFT conversion process is completed, the timer may reset, starting a new 21-day countdown.
• Two-factor authentication (2FA) must be enabled. To convert a gift into an NFT, 2FA must have been enabled for at least one week. You will also need to enter your password to confirm the transfer to the TON blockchain.
• Verification (KYC) on Fragment is mandatory.

Steps to Convert a Gift into an NFT:
1. Go to Profile → My Gifts.
2. Select the upgraded gift you wish to turn into an NFT.
3. In the Owner field, click Change.
4. Click Send via Blockchain.
5. Click Open in Fragment, which will redirect you to the Fragment.com website.
6. Connect your non-custodial wallet to Fragment (e.g., TON Space, Tonkeeper, MyTonWallet, and others).
7. Link your Fragment account to your Telegram account.
8. Complete the verification (KYC) process on Fragment.
9. Finally, click Transfer NFT.

Once you’ve completed these steps, your gift will be successfully sent to the TON blockchain and turned into an NFT. You just need to wait for it to appear in your wallet.

What Can You Do with an NFT Gift?
1. Trade and Auctions: You can sell your NFTs or host auctions on marketplaces like Getgems.io.
2. Transfer to Others: Send NFTs through the TON blockchain.
3. Personal Use: NFTs can be used as digital assets for your personal needs.

How to Add a Purchased NFT to Your Profile:

If you’ve purchased an NFT gift on a marketplace, you can add it to your profile via Fragment.com.

Increased Cases of Gift Fraud on Telegram

Scammers are using a new scheme to deceive users when selling gifts on Telegram.

Key points:
• Scammers buy a gift, upgrade it, and sell it through a marketplace or directly.
• After the sale, a refund is requested, and the gift is returned without upgrades.
• The buyer is left without the gift and the spent funds.
• Both legal methods and stolen cards are used for refunds.
• The scheme affects both TON and USDT transactions through the @tonnel_network_bot bot, as well as direct purchases.

The bot's author commented on the situation:

Such cases have indeed occurred. If I'm informed about such an incident, I block the violator's account. In my opinion, Telegram should not lower the level of these gifts upon return. Even if I prohibit such deals in the bot, people will make them directly, which will lead to the same problems and, probably, to an increase in fraud in direct deals.

It's worth noting that this has happened only 5 or 6 times out of more than 100,000 transactions, so at the moment it's not a serious problem. However, I can't predict how the situation will change after recent updates.

Important to note: The problem is related to the possibility of refunds in the Telegram system, not the operation of the @tonnel_network_bot. The bot only provides a platform for transactions and is not responsible for the actions of scammers.

The @infotonen editorial team also reminds that trading through the Getgems platform is considered safer in this regard. After 21 days from the transaction, it's no longer possible to request a refund, which significantly reduces the risk of such fraud.

New TON Foundation President Transfers 1,308,151 TON to KuCoin

On January 15, Manuel Stotz, founder of Kingsway Capital Partners Ltd, took over as president of the TON Foundation, replacing Steve Yun. Steve Yun, however, remains a member of the foundation’s board of directors.

Manuel Stotz is considered an experienced crypto investor and has stated that he aims to support the development of the TON Blockchain in the USA market while fostering new TON ecosystem initiatives.

The reason behind the transfer of 1.3 million TON to the exchange remains unknown, but the move had a significant impact on Toncoin’s price, which dropped by 5% within 24 hours.

Additionally, TON is preparing for a major unlock of investor funds, which could further influence Toncoin’s future price.

President of TON Foundation Added 1,300,000 TON to His Wallet

Yesterday, we reported that the new president of TON Foundation withdrew 1,308,151 TON from his wallet to the KuCoin exchange. Today, he replenished his balance with 1,300,000 TON.

Notably, following this news, Toncoin has dropped 27.40% in the past 24 hours.

TVM Ventures Launches $100,000,000 Fund to Drive TON Blockchain Growth

TON Virtual Machine (TVM) Ventures has launched an investment fund aimed at expanding the TON Blockchain ecosystem as a global financial network. The fund is backed by an anonymous Toncoin miner and is led by Steve Yun, former President of the TON Foundation, who remains on its board of directors. TVM Ventures will provide startups and enterprises with capital, infrastructure, and technical resources necessary for the mass adoption of decentralized finance (DeFi) and payment solutions (PayFi).

TVM Ventures’ Mission:

“Our mission is to build an advanced and comprehensive financial system capable of serving 500 million blockchain users by the next cycle,” — said Steve Yun.

Fund Allocation Priorities:
• DeFi and Infrastructure: TVM Ventures will prioritize DeFi protocols, recognizing their foundational role as the equivalent of savings accounts in the traditional banking services.
• Cross-Border Payments and PayFi: TVM Ventures seeks to accelerate PayFi founders who address the vast inefficiencies in the traditional payments space.
• Security: TVM Ventures underscores its commitment to security across its ecosystem by collaborating with the most advanced security auditors for the TON Virtual Machine.


Investment Strategy:
• TVM Ventures focuses on early-stage projects with valuations ranging from $5M to $10M.
• Investment sizes range from $500,000 to $1M.
• The fund also provides $5M in “farming liquidity” to support DeFi protocols.

Current Investments:
The fund has already invested in four TON-based startups: Factorial, Torch Finance, Fiva, Memes Lab.

TON Ecosystem Growth Outlook:
• The TON ecosystem is expected to see significant expansion by Q2 2025.
• TON is projected to capture a major share of the stablecoin market in the coming years.
• Steve Yun forecasts that Toncoin could reach $40 in the next bull cycle.

“Together with courageous and genius founders who share our conviction in TON’s native potential, we will shape the future of TON and TVM,” Yun declared.

For more information about TVM Ventures, visit tvm.ventures or follow updates on X and Telegram. For inquiries: tolk@tvm.ventures.