hodler

2 Jun 2026, 04:53

TON jumps 15% as The Open Network plans rebrand to Gram

Telegram founder Pavel Durov says it is “returning to our roots — and starting a new chapter” by rebranding Toncoin to Gram.

2 Jun 2026, 00:03

Bullish Shift For TON: Price Breaks Above $2 Following Telegram CEO’s Gram News

Toncoin (TON) roared higher on Monday, climbing about 11% and pushing above roughly $2.30 earlier in the day before cooling slightly. The jump came after Telegram founder and CEO Pavel Durov announced that The Open Network’s native token will be renamed from Toncoin to “Gram” over the next three weeks. TON Shift To ‘Gram’ Durov said the rebranding is more than marketing. “TON’s native currency is becoming Gram,” he wrote, adding that “Gram was the original name of TON’s currency in the first white paper.” In his message, he described the move as a return to the network’s roots and the start of what he called “a new chapter.” He also framed the rename as “step 4 of 7 to Make TON Great Again,” referring to a broader roadmap he has disclosed in his personal Telegram channel since May. Durov stated that the blockchain will remain called TON, and that the three-week transition will not require holders, validators, or DeFi integrations to take action. Existing TON balances, he said, will continue to function normally and will trade under the GRAM ticker once exchanges and wallets update their systems. Related Reading: BNB Extended Price Target Says $780 Is Coming, But What About $1,000? As reported by The Defiant, the Gram label carries the heaviest legal baggage in TON’s timeline. Telegram previously raised about $1.7 billion in two presale rounds in 2018 for “Gram” tokens that were never ultimately issued. Later, in October 2019, the US Securities and Exchange Commission (SEC) obtained an emergency action halting the offering, describing it as an unregistered securities sale. The legal fallout continued into a later resolution. A settlement reached in June 2020 required Telegram to return $1.2 billion to investors and pay an $18.5 million penalty. Three More Steps Coming Durov’s announcement also points to “step 4” as part of a sequence of upgrades he pushed through after taking over validator responsibilities in May. Under those earlier steps, the network rolled out Catchain 2.0, aimed at enabling sub-second block finality. Durov also highlighted Telegram’s role in validation, saying that Telegram itself became the network’s largest validator with millions of tokens staked via the messenger’s own infrastructure. Related Reading: Pundit Shares Why Most People Will Miss The XRP Run Still, there is more to come. Durov said three additional steps remain in his seven-step roadmap, though he has not publicly outlined what those steps will involve. Since Durov’s announcement earlier in the day, TON trades at $2.11 at the time of writing. Even with the pullback, the token is still showing major gains—up about 56% over the monthly period—though it remains roughly 75% below its all-time high of $8.25. Featured image created with OpenArt; chart from TradingView.com

1 Jun 2026, 16:56

TON rallies after Pavel Durov announces Toncoin rebrand to Gram

The Telegram founder said Gram was the original name for TON’s currency in the network's first white paper.

1 Jun 2026, 16:10

Telegram Founder Durov Announces Plan to Rebrand TON as GRAM

BitcoinWorld Telegram Founder Durov Announces Plan to Rebrand TON as GRAM Telegram founder Pavel Durov has reportedly announced plans to rebrand the platform’s native cryptocurrency, TON (The Open Network), under the name GRAM. The news was first circulated by the cryptocurrency-focused news account Zoomer, citing Durov’s statement. Background of the Rebranding The TON blockchain was originally developed by Telegram but faced significant regulatory hurdles, particularly from the U.S. Securities and Exchange Commission (SEC), which led to Telegram abandoning the project in 2020. The network was later revived and maintained by an independent community of developers. The rebranding to GRAM revives a name previously associated with Telegram’s original token design, which was also called GRAM before the project’s legal battles began. What the Announcement Means According to the report, Durov’s decision to revert to the GRAM name signals a renewed strategic focus on the token’s utility within the Telegram ecosystem. While specific details of the rebranding timeline and technical implementation have not been disclosed, the move is expected to align the token more closely with Telegram’s messaging platform, potentially enabling new features such as in-app payments, content monetization, and decentralized services. Market and Community Reaction The cryptocurrency market has reacted with cautious optimism. The TON token experienced a moderate price increase following the announcement, though volatility remains high. Community members have expressed mixed feelings: some view the rebranding as a positive step toward mainstream adoption, while others question the legal and regulatory implications of reintroducing a name that was previously contested by regulators. Conclusion The rebranding of TON to GRAM represents a significant strategic pivot for Telegram’s blockchain ambitions. While the announcement is still developing and lacks official confirmation from Telegram’s core team, it underscores Durov’s continued interest in integrating cryptocurrency functionality into the messaging platform. Readers should monitor official channels for verified updates and further details on the transition. FAQs Q1: Why is Telegram rebranding TON to GRAM? The rebranding reportedly aims to align the token more closely with Telegram’s original vision for a digital currency called GRAM, which was shelved after SEC intervention. The move may also simplify branding and improve user recognition. Q2: Will the rebranding affect the value of TON tokens? Initial market reactions have been positive, but the long-term impact will depend on the successful implementation of the rebranding, regulatory clarity, and adoption within the Telegram ecosystem. Token holders should remain cautious. Q3: Is the rebranding confirmed by Telegram? As of now, the announcement has been reported by the cryptocurrency news account Zoomer, citing Pavel Durov. Official confirmation from Telegram or the TON Foundation has not yet been issued. Readers should treat the news as unconfirmed until verified by primary sources. This post Telegram Founder Durov Announces Plan to Rebrand TON as GRAM first appeared on BitcoinWorld .

28 May 2026, 02:25

Grayscale Adds Staking Feature to Its Hyperliquid ETF Filing

BitcoinWorld Grayscale Adds Staking Feature to Its Hyperliquid ETF Filing Grayscale Investments has taken a notable step in the evolving cryptocurrency exchange-traded fund (ETF) landscape by amending its proposed Hyperliquid ETF to include a staking component. The firm filed a Form 8-A with the U.S. Securities and Exchange Commission (SEC) on May 27, formally registering securities for the newly renamed Grayscale Hyperliquid Staking ETF. Background and Filing Timeline The move follows an earlier Form S-1 prospectus submitted to the SEC on May 21, which outlined the fund’s initial structure. By transitioning to a staking ETF, Grayscale is positioning the product to generate yield from the Hyperliquid blockchain’s proof-of-stake mechanism, a feature that could appeal to investors seeking passive income from their crypto holdings. The Form 8-A is a standard step for registering securities under the Securities Exchange Act of 1934, signaling that Grayscale is preparing for a potential public listing. Implications for the Crypto ETF Market Staking ETFs represent a relatively new frontier in regulated crypto investment products. Unlike traditional ETFs that simply track asset prices, staking funds can earn additional tokens by participating in network validation, potentially offering higher returns but also introducing additional risks related to network slashing and validator performance. Grayscale’s decision to rename and refile its Hyperliquid product suggests a strategic bet that the SEC may be more receptive to staking features in ETFs, especially after recent approvals of spot Bitcoin and Ethereum funds. What This Means for Investors For retail and institutional investors, the Grayscale Hyperliquid Staking ETF could provide a regulated avenue to gain exposure to Hyperliquid (HYPE) while earning staking rewards without the technical complexity of running a validator node. However, the fund’s ultimate approval remains uncertain, as the SEC has historically scrutinized staking-related products over concerns about securities classification and investor protection. The filing also reflects a broader trend of asset managers integrating blockchain-native features into traditional financial vehicles. Conclusion Grayscale’s filing for a staking-enabled Hyperliquid ETF marks a significant development in the convergence of decentralized finance and regulated investment products. While the path to SEC approval is unclear, the move underscores growing demand for yield-generating crypto funds and could set a precedent for similar filings in the future. Investors should monitor regulatory updates closely as the review process unfolds. FAQs Q1: What is the Grayscale Hyperliquid Staking ETF? A: It is a proposed exchange-traded fund by Grayscale that would invest in Hyperliquid (HYPE) tokens and generate additional returns through staking rewards from the Hyperliquid blockchain’s proof-of-stake network. Q2: Why did Grayscale rename its ETF to include staking? A: The renaming reflects the addition of a staking feature, which allows the fund to earn yield by participating in network validation. This could differentiate the product from standard crypto ETFs and attract investors seeking income. Q3: What is the current status of the SEC filing? A: Grayscale submitted a Form 8-A on May 27 for securities registration, following an earlier Form S-1 prospectus on May 21. The SEC has not yet approved or denied the fund, and the review process is ongoing. This post Grayscale Adds Staking Feature to Its Hyperliquid ETF Filing first appeared on BitcoinWorld .

21 May 2026, 05:51

MAPO Crashes After Massive Cross-Chain Bridge Exploit

The attacker dumped around one billion MAPO tokens into Uniswap liquidity pools, draining roughly 52 ETH, and still reportedly controls close to a trillion tokens. After the incident, Map Protocol paused its mainnet and began a migration process, while Butter Network paused ButterSwap as investigations into the exploit continue. MAPO Exploit Wipes Out Token Value The crypto sector faced yet another security incident this week after MAPO, the native token of the Map Protocol ecosystem, crashed due to an exploit involving the Butter Network cross-chain bridge. The attack allowed a malicious actor to mint an enormous quantity of MAPO tokens, far exceeding the project’s legitimate circulating supply. MAP Protocol’s price action over the past 24 hours (Source: CoinCodex) According to reports, the attacker managed to mint approximately one quadrillion MAPO tokens through a vulnerability tied to the bridge’s Solidity smart contract layer. The exploit immediately destabilized the token’s value, which sent the price crashing from around $0.003 to almost $0.0001 in only a few hours. Blockchain security firm Blockaid stated that the attacker used a newly created externally-owned account to dump around one billion MAPO tokens into Uniswap liquidity pools, draining approximately 52 ETH, valued at roughly $180,000 at the time. Despite already extracting a lot of liquidity, the attacker reportedly still controls close to a trillion MAPO tokens. This raised concerns that even more decentralized exchanges, liquidity pools, and potentially even centralized exchange listings could be vulnerable if the remaining tokens are moved or sold. The exploit occurred during a particularly difficult month for the DeFi industry. At least 18 protocols reportedly suffered breaches or exploits. Recent victims included THORChain, Transit Finance, Echo Protocol, TrustedVolumes, Verus Protocol’s Ethereum bridge, Ekubo, and RetoSwap. Map Protocol later confirmed that the vulnerability originated from the Solidity contract layer rather than compromised private keys or broken light clients. According to Blockaid’s analysis, the attacker initially submitted a legitimate oracle multisig-signed message before deploying a malicious contract to a targeted address. The attacker then resent a manipulated retry message that appeared valid because it produced an identical hash structure. This ultimately tricked the bridge into authorizing the massive token mint. In response, Map Protocol paused its mainnet operations and announced that it started a migration process while the investigation continues. Butter Network also paused ButterSwap but said that user funds were not directly at risk. The project also stated that a new contract address would soon be announced, alongside a future asset snapshot to support token migration efforts. Any tokens linked to attacker-controlled wallets will reportedly be invalidated and excluded from future conversions.