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The public sale of Telegram tokens starts on July 10 at Liquid

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Gram tokens from the Telegram Open Network (TON) blockchain project will be available to a wide range of investors on July 10th. Tokens will be presented on the liquid crypto platform.

The organizer of the public sale is the Korean company Gram Asia, which is the largest holder of Telegram tokens in Asia. In a press release from Liquid, it is noted that the distribution of Gram through a third-party company is the intention of representatives of Telegram. It is also known that Telegram has always wanted to organize a public sale of Gram between the launch of the test network and the basic TON blockchain version.

Mike Kayamori, CEO of Liquid Crypto Exchange, notes that after acquiring tokens, investors will not be able to exchange them on the exchange. Gram-tokens will be frozen until the official release takes place, and it is expected to be in the fall. For residents of some countries, access to the sale of tokens is limited due to the position of regulators. Those who are allowed to participate must verify and establish two-factor authentication. Gram can be purchased through USD or USDC, there is a referral program, which provides a reward for inviting new users to buy Gram – a reward from $ 10 to $ 50 in Gram.

The Liquid team is proud of its cooperation with Gram Asia, as well as the opportunity to organize the tokensale for Gram. The press release notes that Liquid employees are actively using Telegram, the company shares the vision of developers who are engaged in the creation of TON and is ready to contribute to the development of an ecosystem so important to society.

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Wells Fargo will launch stablecoin for internal settlements

Wells Fargo & Company, an American financial company, will launch Wells Fargo Digital Cash, a pilot blockchain service for internal payments, based on Corda Enterprise. According to a press release, Wells Fargo Digital Cash will provide almost instant international transfers between company branches using digitized funds (tokens). The company has already tested the concept on transfers from the USA to Canada. The launch of the project is scheduled for 2020 […]

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Wells Fargo & Company, an American financial company, will launch Wells Fargo Digital Cash, a pilot blockchain service for internal payments, based on Corda Enterprise.

According to a press release , Wells Fargo Digital Cash will provide almost instant international transfers between company branches using digitized funds (tokens).

The company has already tested the concept on transfers from the USA to Canada.

The launch of the project is scheduled for 2020. Wells Fargo Digital Cash will initially provide dollar payments, but then add support for other currencies.

Recall that previously the largest US financial holding company JPMorgan developed its own stablecoin JPMCoin for making international payments to large customers.

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Wells Fargo is going to present its own stablecoin in 2020

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Wells Fargo, the fourth largest bank in the US, plans to introduce its own stablecoin in 2020, which will be used in cross-border transfers.

The press release said that the new Wells Fargo platform will create an international payment network based on distributed ledger technology. With the help of this system, as well as the Wells Fargo Digital Cash asset, payments will be made. The stablecoin being developed will be pegged to the US dollar. Initially, the network will be used for internal calculations, after which it will be integrated with other applications.

Lisa Fraser, representative of Wells Fagro, noted that DLT technology has many options for use, the company believes that it can also be successfully applied in banking. In addition, Wells Fargo Digital Cash is expected to enable the company to overcome barriers that still hindered effective cross-border payments in real time.

As you can see Wells Fargo followed the example of the bank JPMorgan Chase, which also introduced its own digital currency. It is noteworthy that back in July, Wells Fargo forbade customers to use credit cards to purchase cryptocurrency and its use in transactions.

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In the Bitcoin blockchain, a record of the network hashrate and the share of SegWit transactions

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is set

The volume of computing power in the Bitcoin blockchain this Monday reached a record value above 104 quintillion per second, according to Smartbit portal data.

The record was fixed after approaching the level of 100 EH / s last week and the subsequent small rollback. Before the current growth period, which began in December and accelerated in June, the previous maximum was fixed at 60 EH / s in October 2018.

As noted earlier, over the past three months , about 600,000 new ASIC miners have joined the Bitcoin network, which has led to a rapid increase in the hash rate .

Last week, another message appeared that the authorities of one of the provinces of China are taking measures to close mining enterprises on their territory.

Also today, transactionfee portal announced another record – the share of transactions in the Bitcoin blockchain using Segregated Witness (SegWit) technology for the first time exceeded 50%.

On the main Bitcoin network, SegWit was activated on August 24, 2017. The technology is aimed at solving the problems of blockchain scalability, transaction plasticity, and also allows you to implement other optimizations. After the jump to 38% last May, the spread of SegWit slowed down and until recently ranged from 40-45%.

Casa Bitcoin developer and CTO Jameson Lopp previously spoke of the proliferation of technology that responded to the congestion of the cryptocurrency network:

"Reducing the demand for transactions, improving algorithms for calculating commissions, distributing SegWit and grouping transactions have led to more efficient use of space in blocks and reduced competition for this scarce resource."

At the same time, the price of the leading cryptocurrency , having shown a steady rise in the first half of the year, has remained in a fairly narrow range over the past months and amounts to about $ 10,000.

Publication date 09/17/2019
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Name Price24H (%)
Bitcoin (BTC)
$10,200.78
-0.23%
Ethereum (ETH)
$211.84
7.54%
XRP (XRP)
$0.300753
15.53%
Bitcoin Cash (BCH)
$323.10
5.40%
EOS (EOS)
$4.09
1.25%
Stellar (XLM)
$0.065067
11.30%
Litecoin (LTC)
$75.50
4.23%
Cardano (ADA)
$0.050737
7.78%
Tether (USDT)
$1.00
-0.16%
Monero (XMR)
$74.45
-0.62%
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