October 29, 2025 | 19:30Telegram has launched Cocoon, a revolutionary decentralized AI compute network built on the TON blockchain that pays GPU owners in Toncoin cryptocurrency for processing private AI tasks. Announced by CEO Pavel Durov at Blockchain Life 2025 in Dubai, this initiative directly challenges the dominance of Big Tech cloud providers like AWS and Microsoft Azure while promising unprecedented privacy protection for Telegram’s billion-plus users through confidential computing technology.
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Web3 Sports Fandom: Blockchain’s Next Frontier
As NFT markets cool from their 2021 peak, blockchain technology is finding vigorous new life in sports fandom through innovative IP-based protocols. Major leagues including the NHL and MLS are partnering with Web3 platforms like Sweet to create gamified experiences that drive revenue and reward loyal supporters, transforming how fans interact with their favorite teams and creating verifiable systems for engagement.
read moreTelegram to Offer Tokenized US Stocks via Wallet App
Telegram is bridging traditional finance with cryptocurrency through a new partnership that will bring tokenized US equities directly to its messaging platform. The collaboration between Wallet in Telegram, xStocks operator Backed, and Kraken will enable users to trade fractional shares of major stocks including Nvidia, Tesla, and MicroStrategy. This initiative represents a significant expansion of Telegram’s crypto ecosystem into traditional securities, offering 24/5 trading and fractional ownership to over 100 million users.
read moreVerb Tech Pivots to TON Treasury with $558M Raise
Verb Technology has announced a $558 million private placement, oversubscribed and led by Kingsway Capital, to pivot into a Toncoin (TON)-centric treasury vehicle. Post-close, the company will rebrand as TON Strategy Co. (TSC) and become the first publicly traded treasury reserve for TON, expected around August 7. The funds will primarily be used to acquire TON as a treasury asset and stake holdings to generate recurring rewards, targeting a cash-flow-positive model. The strategy leverages Telegram’s ecosystem, where TON is the exclusive blockchain, with TON Wallet now available to 87 million US users. Over 110 institutional investors participated, including Vy Capital, Blockchain.com, and Pantera. Post-close, 36% of Verb’s shares will be locked up for 6-12 months, with a 77% cash-to-assets ratio. The move confirms rumors of a TON treasury initiative and includes high-profile advisors like Blockchain.com’s Peter Smith.
read moreToncoin’s $400M Treasury: A Game Changer or Market Risk?
The TON Foundation has partnered with Kingsway Capital to establish a $400 million treasury through a Private Investment in Public Equity (PIPE) deal, marking a pivotal step in Toncoin’s institutional adoption. The initiative, backed by financial advisors like Cohen & Co. and potentially Cantor Fitzgerald, aims to position TON as a competitor in the crypto reserve asset space. Despite the ambitious move, Toncoin’s price remains volatile, trading at $3.14 with mixed short-term performance. Analysts suggest the treasury could stabilize TON’s market but warn of risks if perceived as a financial weakness or if it fails to deliver tangible benefits. The partnership also follows TON’s collaboration with Curve to enhance stablecoin trading, further expanding its ecosystem.
read moreCronos Altcoin Eyes $1.51 with 1,100% Gain Potential
Cronos (CRO) is gaining momentum as analysts forecast a potential rise to $1.51, offering over 1,100% returns in the next bull cycle. Technical indicators, such as sustained price action above the EMA55 and bullish volume, suggest a strong accumulation phase. Fundamental catalysts include CRO’s inclusion in Trump Media’s proposed Crypto Blue Chip ETF and Crypto.com’s expanding institutional partnerships, such as the Canary CRO Trust and TON blockchain staking. Despite regulatory uncertainties, market sentiment remains positive, driven by speculation around institutional inflows and potential SAB 121 rollback. Traders are advised to plan profit-taking strategies amid the volatile rally.
read moreStablecoin Users Surpass Solana Holders, Survey Finds
A Reown and YouGov survey of over 1,000 crypto users found that 38% own stablecoins, surpassing Solana holders at 37%. Bitcoin and Ethereum remain dominant, with 48% ownership each. The report underscores crypto’s shift toward utility over speculation, with stablecoins and payments emerging as key drivers. Crypto trading remains the top onchain activity (36%), but payments rank second (10%) and are the most anticipated future use (14%). Adoption has grown year-on-year, with 34% of WalletConnect users engaging in crypto payments. Regulatory clarity, like the U.S. GENIUS Act, and Circle’s IPO signal stablecoins’ rising importance. However, UX challenges persist, with 70% of users still relying on centralized exchanges. Reown aims to bridge this gap with tools like AppKit, simplifying multi-chain transactions and compliance. Industry leaders predict the next wave of crypto adoption will come from seamless payment experiences.
read moreTON Wallet Launches in U.S. via Telegram App
The TON Wallet, a self-custody crypto wallet developed by The Open Platform, is now rolling out to U.S. users via Telegram. The wallet allows buying, selling, and sending cryptocurrencies directly within the app, with additional features like staking and yield opportunities. The Open Platform, recently valued at $1 billion, aims to make decentralized finance more accessible by embedding crypto into everyday communication. The TON Foundation supports this expansion, targeting Telegram’s 87 million U.S. users. The wallet also offers 0% fiat on-ramp fees via MoonPay integration. This marks a significant step in TON’s growth since its community-led revival after Telegram’s initial regulatory hurdles in 2020.
read moreTelegram Launches TON Wallet for US Users
Telegram has rolled out its TON Wallet to US users, offering a self-custodial solution for crypto transactions, DeFi access, and off-ramp features within the app. Built on The Open Network (TON) blockchain, this wallet eliminates the need for external downloads or extensions, allowing users to send, receive, and store digital assets seamlessly. Supported by the TON Foundation, this integration represents a significant step in bringing blockchain services to mainstream social platforms, enhancing accessibility for US-based crypto enthusiasts.
read moreTON Foundation Partners with Crypto.com for Institutional Custody
The TON Foundation has announced a strategic partnership with Crypto.com to provide institutional custody solutions for Toncoin (TON). This collaboration allows users to stake TON securely while accessing Jettons—fungible tokens for DeFi, gaming, and other applications within the TON ecosystem. The integration also supports USDT and future stablecoins, further expanding TON’s utility. Despite the partnership, Toncoin’s price remained stable at around $2.77, unaffected by recent market fluctuations. The TON Foundation, a Swiss-based nonprofit, continues to drive adoption through initiatives like its Champions Grants program, reinforcing its mission for a decentralized future.
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