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first_img TON Strategy's third-quarter revenue was 13.1 million USD, mainly from GRAM staking rewards

TON Strategy Company (TONX), listed on NASDAQ, announced its Q3 2026 financial report, with revenue of $13.1 million, primarily from staking rewards of its GRAM treasury, down from $15 million in Q2. As of the end of the quarter, the company held approximately 235.1 million GRAM (formerly Toncoin), valued at $348.5 million, of which 232.9 million were staked, with an annualized gross yield of about 16%. During the same period, the company repurchased $5.7 million in stock and supported the TON network upgrade while launching the native Gram Wallet on Telegram.The financial report showed that TON Strategy had a net loss of $24 million for the quarter, which included an unrealized loss of $27.2 million on its GRAM holdings, compared to an unrealized gain of $82.8 million in the previous quarter. The company stated that it has made progress in cost structure efficiency after ending the business inherited from VERB. CEO Kevin Wilson mentioned that GRAM has been integrated into several existing services of Telegram, including advertising payments and creator monetization, with TON supporting on-chain ownership and transfer of Telegram usernames and gifts; the expansion of access to the native wallet is expected to make GRAM more convenient for payments and transfers, bringing more opportunities for consumer-grade applications based on TON.TON Strategy was formerly Verb Technology Company, which raised approximately $560 million in a deal led by Kingsway Capital in August 2025, transforming into a treasury company for The Open Network's native token, which was renamed Gram earlier this year. Pavel Durov, founder and CEO of Telegram, stated on X on Monday that over 700,000 self-custody wallets were created on Telegram in the past 48 hours. TONX's stock price rose 2.4% on Tuesday, with an annual increase of nearly 25%.

first_img The cryptocurrency platform Walt has launched an independent trading application, separating from Telegram

The crypto platform Walt announced the launch of an independent application, expanding its business beyond Telegram after operating as Wallet in Telegram for nearly five years. Walt was renamed from Wallet in Telegram on September 28, stating that the product has exceeded the initial wallet functionality. The new application provides users with an independent entry for trading and investing, while the original Telegram product can still be accessed using the same account. Existing users can log in with their Telegram accounts, and new users can register via Telegram, Google, or Apple.According to its official website, Walt offers over 200 cryptocurrencies, more than 100 tokenized U.S. stocks and ETFs, as well as perpetual contracts linked to cryptocurrencies, metals, and energy, and provides yield products on assets such as stablecoins, Gram, Solana, Ethereum, and Tron. Walt users can transfer cryptocurrencies to other Telegram users for free; on-chain transfers to external wallets require payment of standard blockchain network fees and service charges, for example, sending any amount of USDT on the TON network requires a fee of 1 USDT.Walt CEO Andrew Rogozov stated that Walt initially started as a simple bot for purchasing cryptocurrencies, but has now evolved into a complete investment platform used by tens of millions, having previously built crypto products within Telegram and now opening up to everyone. Prior to the release of this independent application, Walt launched AI-assisted perpetual contract trading through Mira, ChatGPT, and Claude on October 20, which can read real-time perpetual contract prices, analyze positions and risk exposure, and open and close positions. Order execution is set to default to closed, and the agents cannot withdraw or transfer funds.

SignalPlus: The network attack originated from a third-party Telegram account being hacked, resulting in a loss of less than $82,000, and full compensation will be provided

The cryptocurrency derivatives trading tool platform SignalPlus announced that it was attacked in the early hours of November 4, originating from a third-party Telegram account that was hacked, affecting a small number of accounts that had not enabled IP whitelisting.The team stated that they quickly identified and controlled the intrusion. As a precautionary measure, they have revoked all associated API keys with their centralized trading platform partners and temporarily suspended terminal services. The official statement indicated that the total loss was less than $82,000, and affected users will receive full compensation. They expect to fully restore services in the coming days, with subsequent updates and operational guidelines to be released through official channels.This evening, Binance also issued a statement indicating that it has taken precautionary measures regarding the potential security issues reported by the third-party platform SignalPlus, actively revoking all API keys associated with SignalPlus.Binance emphasized that its own system was not affected and that user funds are secure. Binance reminded SignalPlus users to log directly into their Binance accounts to check their positions and open orders, and not to rebind API keys until the issues with SignalPlus are completely resolved. They also advised to always enable IP whitelisting.
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