Telegram-linked cryptocurrency Toncoin
Drops more than 20% in two days, losing about $2.7 billion in market value, reflecting uncertainty over the arrest of the messaging app’s founder Pavel Durov in France on suspicion of failing to take steps to prevent criminal use of Telegram
The Open Network, or TON - blockchain, has access to Telegram’s 900 million monthly users through a partnership and seeks to enable services such as payments and in-app gaming
