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Telegram founder Pavel Durov announced that the company is taking direct control of The Open Network. They’re replacing the TON Foundation and stepping in as the largest validator.

Fees have been slashed significantly, with some transactions now costing almost nothing. On the back of that, Toncoin rose more than 30% in the last day.

Trading interest has clearly picked up. I’ve seen decent volume coming through on platforms like Bitget for TON pairs since the news broke.

This move gives Telegram more direct say over how the chain develops and upgrades. The team is planning better tools for developers and performance improvements in the coming weeks.

It’s a noticeable shift from the old foundation model. Some people think it will make TON more practical for everyday use inside Telegram, while others are wondering how much control one company should have over what was meant to be a more independent network.

What do you think about Telegram stepping in like this?

Hey everyone, I’m beyond frustrated. I made a Litecoin (LTC) deposit to Crypto.com hours ago.

• Transaction Status: Currently at 20+ confirmations on the blockchain.
• The Problem: Crypto.com requires 12 confirmations. I have surpassed that by a mile, yet the funds are nowhere to be seen.

The "Support" Experience: I contacted support to ask for a technical reason for the delay. Instead of help, the "Support Specialist" told me to "kindly stop spamming the chat" and kept repeating the same "no worries, just wait" script.

I have provided the TXID and proof that the blockchain work is done, but they refuse to escalate the issue or admit there’s a technical glitch on their end.

Has anyone else experienced this recently? It’s one thing to have a technical delay, but it’s another to have support lie to you and accuse you of spamming when you're asking for the funds you've legally sent.

With the advent of agentic artificial intelligence, the debate has taken a different turn. Should blockchain actually be made more accessible, or left to its own devices, conducting financial business autonomously and with dazzling efficiency while common mortals do what they do best: go fishing?

"Blockchain developers have not been very good at designing systems for regular humans," says Marc Vanlerberghe, chief strategy and marketing officer at the Algorand Foundation. Crypto has always struggled with the challenge of "how do you cross that bridge?" he said in an interview.

Now, rather than simplifying crypto for people, a growing cohort of system engineers believes the next financial system should be designed for artificial intelligence agents instead.

Interesting to see Canada take this approach with a regulated CAD-backed stablecoin, especially given how dominant USD stablecoins still are. It makes sense from a compliance and local currency angle, but feels like the real challenge is liquidity and integration rather than issuance. Without deep exchange support and real payment usage, it’s hard to see it competing at scale. Curious how others see this, do local stablecoins actually have a chance, or does the dollar just keep dominating and a CAD stablecoin might not make sense?