Toncoin’s Open Curiosity (OI) surged by 67% up to now 24 hours, coinciding with stories that Telegram founder Pavel Durov has left France.
Durov had been required to stay within the nation since his arrest seven months in the past.
In line with CoinGlass knowledge, Toncoin’s OI—a measure of unsettled by-product contracts equivalent to futures and choices—climbed to $169 million on March 15, marking its highest stage since February 1, when it stood at $171.49 million.
Durov’s Departure Sparks Hypothesis on Toncoin’s Future
The spike adopted stories of Durov’s departure, fueling hypothesis about its affect on the Toncoin ecosystem.
Toncoin (TON) serves because the native cryptocurrency of The Open Community, which underpins Telegram’s Mini App ecosystem.
The token’s worth additionally responded positively, gaining 17% inside the identical interval to commerce at $3.45, in response to CoinMarketCap knowledge.
Market analysts are intently watching the rally, with buying and selling useful resource Crypto Billion suggesting that TON is coming into a long-term accumulation section close to key help ranges.
Nevertheless, issues stay over potential volatility. If the worth dips again to the $3 mark, practically $18.8 million in lengthy positions might be liquidated.
Durov’s reported relocation to Dubai—a jurisdiction with no extradition agreements with a number of nations—has sparked discussions about regulatory scrutiny within the crypto house.
TON Basis Celebrates Pavel Durov's Passport Return
TON Basis is delighted to be taught that Pavel Durov's passport has been returned to him by French authorities, granting him the liberty to depart the nation at his discretion.
This information marks a major second of… pic.twitter.com/KkNG7UnJBg— TON
(@ton_blockchain) March 15, 2025
His arrest in France in August 2024 raised issues about elevated enforcement in opposition to privacy-focused platforms, with authorities alleging that Telegram facilitated illicit transactions.
Historic knowledge suggests a sample of market response linked to Durov’s authorized troubles.
Following his arrest on August 24, 2024, Toncoin’s OI surged by 32%, although its worth dropped by virtually 12%.
In the meantime, Telegram has not too long ago tightened its blockchain technique.
In January, the corporate introduced it could discontinue help for all blockchains besides The Open Community, reinforcing its dedication to the TON ecosystem.
Telegram Complies with Extra US Requests for Consumer Information Following CEO’s Arrest in France
As reported, Telegram fulfilled 900 requests from U.S. authorities for person info in 2024, with a major improve in inquiries following the arrest of its CEO, Pavel Durov, in France.
The platform offered info equivalent to IP addresses and telephone numbers for 14 requests between January and September.
Nevertheless, the overall variety of requests for the yr reached 900, affecting 2,253 customers, indicating a pointy rise after October.
Durov was arrested on August 24 by French authorities on allegations that Telegram had been used to facilitate prison exercise.
In October, he acknowledged that the platform has been sharing person knowledge with authorities upon request since 2018, a apply outlined in Telegram’s privateness coverage.
Notably, the encrypted messaging platform’s newest replace permits customers to improve items into non-fungible tokens (NFTs), enabling buying and selling and possession on blockchain platforms.
As reported, the brand new characteristic transforms digital items into distinctive collectible objects with customizable attributes, which could be exchanged or bought on NFT marketplaces.
The reward customized attributes embrace background colours and icons, making certain every merchandise is distinct. Upgrading requires Telegram Stars, the platform’s digital foreign money, to cowl blockchain charges.
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