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IOTA Network Increases its Speed by 20x Following its Relaunch a Few Months Prior
telegram open network

IOTA Network Increases its Speed by 20x Following its Relaunch a Few Months Prior

The IOTA Foundation, a non-profit organization focused on blockchain and open-source development has announced the latest version of its node software, Hornet together with the IOTA community. The IOTA community has conducted a stress test that illustrated a stable network of over 150 nodes with over 650 confirmed transactions per second (TPS). This shows an increase in transaction throughput by a factor of 20, while Hornet is able to consume 10 times less memory under normal operations compared to its previous node software.

Ahead of The Ripple (XRP) SEC Court Date, Flare Network Declares its Support
telegram open network

Ahead of The Ripple (XRP) SEC Court Date, Flare Network Declares its Support

The Flare Network has stated that it is not associated with Ripple, but believes XRP is a virtual currency and not a security despite the United States SEC alllegations.

IOTA Foundation and Jaguar Land Rover Introduce Open-Source DLT Framework
telegram open network

IOTA Foundation and Jaguar Land Rover Introduce Open-Source DLT Framework

IOTA Foundation, a distributed-ledger technology developer, and Jaguar Land Rover, a leading British luxury car manufacturer, have introduced IOTA Access.

Commissioner Hester Peirce Agrees with Telegram CEO Pavel Durov’s Criticism of SEC
telegram open network

Commissioner Hester Peirce Agrees with Telegram CEO Pavel Durov’s Criticism of SEC

Commissioner Hester Peirce, affectionately knowns as ‘CryptoMom’, believes the SEC’s court victory over Telegram was inappropriately reached and has further stifled innovation for the United States.

Telegram to Launch TON Network Later This Month
telegram open network

Telegram to Launch TON Network Later This Month

Telegram Open Network (TON) announced that the original investors had been informed that the blockchain network would launch in late October.

BNY Mellon Joins the Marco Polo Network to Develop a More Open and Connected Trade Finance Network
telegram open network

BNY Mellon Joins the Marco Polo Network to Develop a More Open and Connected Trade Finance Network

The Marco Polo Network announced a new strategic partnership with the Bank of New York Mellon (BNY Mellon) to create a vast financial atmosphere that will ensure economic as well as trade growth, making BNY Mellon a member of the top network of financial institutions which leverage blockchain technology for trade finance.

Accenture Forms Strategic Partnership with TradeIX, Joining the Marco Polo Network
telegram open network

Accenture Forms Strategic Partnership with TradeIX, Joining the Marco Polo Network

Professional services firm Accenture has partnered with TradeIX to create new use cases for the buyers and sellers in the trade finance market. TradeIX, a trade finance blockchain startup, previously launched the Marco Polo Network along with R3.

Telegram Hit With $18.5 Million SEC Fine and Set to Return $1.2 Billion to Investors as it Dissolves TON Project
telegram open network

Telegram Hit With $18.5 Million SEC Fine and Set to Return $1.2 Billion to Investors as it Dissolves TON Project

Telegram will return $1.2 billion to investors and pay a fine of $18.5 million to the SEC as it dissolves TON network. But community members seek to revive the project.

Telegram May Push TON Launch Date Before Facing SEC
telegram open network

Telegram May Push TON Launch Date Before Facing SEC

After coming under fire from the United States Securities Commission (SEC) Telegram has allegedly informed its investors that it will postpone launching its Telegram Open Network (TON).

Telegram Abandons TON and Gram Tokens, Durov Critical of US Regulating Whole World
telegram open network

Telegram Abandons TON and Gram Tokens, Durov Critical of US Regulating Whole World

Telegram CEO Pavel Durov has announced that they are calling it quits on the Telegram Open Network (TON) and its Gram tokens after a drawn-out battle with the United States Securities and Exchange Commission.

Telegram Maintains Gram is not a Security, Urges Court to Deny SEC Action
telegram open network

Telegram Maintains Gram is not a Security, Urges Court to Deny SEC Action

Telegram, in an October 16th filing, has asked the Southern District Court of New York to deny the request by the United States Securities and Exchange Commission for a preliminary injunction on Gram, Telegram’s native cryptocurrency.

Bank of America Joins Marco Polo Blockchain Network Powered by R3 Corda
telegram open network

Bank of America Joins Marco Polo Blockchain Network Powered by R3 Corda

Bank of America has joined the Marco Polo Network, powered by R3 Corda’s distributed ledger technology to solve the challenges of the global trade participants.

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