🎉 #Gate Alpha 3rd Points Carnival & ES Launchpool# Joint Promotion Task is Now Live!
Total Prize Pool: 1,250 $ES
This campaign aims to promote the Eclipse ($ES) Launchpool and Alpha Phase 11: $ES Special Event.
📄 For details, please refer to:
Launchpool Announcement: https://www.gate.com/zh/announcements/article/46134
Alpha Phase 11 Announcement: https://www.gate.com/zh/announcements/article/46137
🧩 [Task Details]
Create content around the Launchpool and Alpha Phase 11 campaign and include a screenshot of your participation.
📸 [How to Participate]
1️⃣ Post with the hashtag #Gate Alpha 3rd
TON Under Pressure After Telegram's Pavel Durov Confirms No xAI Deal Was Signed
Telegram and X have not yet actually signed a deal that would bring xAI's Grok to Telegram, despite Telegram's Pavel Durov announcing it earlier Wednesday, putting sell pressure on TON's recent rally.
The deal would see Telegram receive 50% of the revenue from xAI subscriptions sold via its platform, along with $300 million in cash and equity as the messaging giant looks to raise $1.5 billion via a bond offering backed by BlackRock, Mubadala, and Citadel, CoinDesk previously reported.
"No deal has been signed," xAI CEO Elon Musk posted late Wednesday in response to the Telegram founder's announcement.
TON, a token associated with Telegram, dropped from $3.60 to $3.28 in the moments after the tweet. The token had been on a rally in the hours after the announcement, previously up 14% on-day, according to CoinDesk market data.
Telegram's Pavel Durov later posted on X that Musk's statement was true.
"Agreed in principle, but formalities are pending," he wrote.
UPDATE (May 28, 23:17 UTC) Updates price information, statement from Durov.
View Comments