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Toncoin (TON) Jumps 16% After Elon Musk's Telegram Deal

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One cryptocurrency has received a massive boost Wednesday as Toncoin (TON) jumped as much as 16% following news of Elon Musk’s recent Telegram deal. Indeed, the crypto saw its value skyrocket after a partnership between both xAI and the messaging app came to light. The development is just another key part of what is a notable expansion for Telegram as an application. Moreover, after founder Pavel Durov confirmed the integration of Grok into the platform, Toncoin skyrocketed. The cryptocurrency is a key part of The Open Network (TON) ecosystem and is set to benefit from the major collaboration. This summer, Telegram users will gain access to the best AI technology on the market. @elonmusk and I have agreed to a 1-year partnership to bring xAI’s @grok to our billion+ users and integrate it across all Telegram apps This also strengthens Telegram’s financial… pic.twitter.com/ZPK550AyRV — Pavel Durov (@durov) May 28, 2025 Also Read: Top 3 Cryptocurrencies That You Should Watch This W...

Weekly Project Updates: Aave Reaches Record High in Net Deposits, Vitalik Adopts MOODENG, Binance Launches New Token Pool for Bio Protocol, etc

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1. Telegram Unveils First Update of 2025, Enabling Gift Conversion into NFTs link Telegram has rolled out its first update for 2025, introducing third-party account verification, message search filters, and the ability to convert gifts into NFTs. Third-party verification, authorized by certifying institutions, provides users and organizations with independent verification badges, distinct from the blue checkmark. Telegram states that this move aims to combat scams and reduce misinformation through a decentralized verification platform. Additionally, users can now purchase and gift Telegram Stars, which can be upgraded into NFTs for trading. 2. Tron Network Reports $2.12 Billion in Total Revenue for 2024 link In the past 30 days, Tron network’s revenue reached $329.57 million, marking a 39.74% increase compared to the previous month. For the entire year of 2024, Tron network’s total revenue amounted to $2.12 billion, reflecting a year-on-year growth of 115.73%. According to official exp...

Telegram Clicker Game Hamster Kombat Scores A Binance Listing For Its Upcoming HMSTR Token

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Viral tap-to-earn Telegram mini game Hamster Kombat announced that its HMSTR token will be listed on Binance, the world’s largest crypto exchange platform. Along with the listing, investors will be able to take part in a Binance Launchpool and Super Earn campaign linked to HMSTR, the project’s team said in a Sept. 12 post on X . Hamster Kombat’s team has set aside 3 billion tokens, or 3% of the total supply, for Binance Launchpool rewards. Top-Tier Exchange Platforms Get Ready To Welcome HMSTR Binance is not the first tier-one exchange that will welcome HMSTR. On Sept. 11, Hamster Kombat’s team announced that Bitget will list the crypto as well. ByBit and OKX will both also add trading pairs for the gaming token. The Binance campaign will run between Sept. 19 and the token’s launch on Sept. 26. Binance customers in legally permitted countries will be able to stake Binance Coin (BNB) and the FDUSD stablecoin in the HMSTR rewards campaign. Users in th...