Telegram raises .7 billion in convertible bond offering

Telegram raises $1.7 billion in convertible bond offering

The messaging platform will use most of the proceeds to repay existing bondholders, with the remainder allocated as working capital to support ongoing operations. Telegram, a messaging platform, raised $1.7 billion from investors in a recent bond offering featuring a 9% coupon that closed on May 28. According to Bloomberg, the company will use a…

Read More
Russia arrests Blum co-founder Vladimir Smerkis on fraud charges

Russia arrests Blum co-founder Vladimir Smerkis on fraud charges

The co-founder of Telegram-based crypto project Blum, Vladimir Smerkis, is in custody in Moscow over accusations that he committed large-scale fraud, TASS reports. Vladimir Smerkis, a co-founder of the Telegram-based crypto project Blum, has reportedly been arrested in Moscow, Russia, on fraud allegations, amid Blum confirming he is no longer affiliated with the project. The…

Read More
Russia arrests Blum co-founder Vladimir Smerkis on fraud charges

Russia arrests Blum co-founder Vladimir Smerkis on fraud charges

The co-founder of Telegram-based crypto project Blum, Vladimir Smerkis, is in custody in Moscow over accusations that he committed large-scale fraud, TASS reports. Vladimir Smerkis, a co-founder of the Telegram-based crypto project Blum, has reportedly been arrested in Moscow, Russia, on fraud allegations, amid Blum confirming he is no longer affiliated with the project. The…

Read More
#TON Foundation raises 0M via token sale

#TON Foundation raises $400M via token sale

By March, Telegram had 1 billion monthly active users, while TON blockchain had 41 million native accounts. The Open Network Foundation, also known as TON Foundation, has raised more than $400 million in token-based investments from several venture capital firms, signaling growing interest in the Telegram messaging ecosystem.  Sequoia Capital, Ribbit, Benchmark, Draper Associates, Kingsway,…

Read More
#Free speech and online privacy: Pavel Durov's rise to the top

#Free speech and online privacy: Pavel Durov's rise to the top

Telegram founder Pavel Durov is known for his focus on free speech and privacy-focused technology. Telegram founder and free speech advocate Pavel Durov was born on Oct. 10, 1984, in St. Petersburg, Russia, and demonstrated an early knack for computer science, culminating in the entrepreneur establishing several successful online social media platforms. While studying at…

Read More