Report: TON investor demands $100M compensation from Durov
Telegram's TON saga seems far from over, as a disgruntled investor seeks compensation. Da Vinci Capital, a major investor in Telegram’s $1.7 billion initial coin offering, has reportedly requested compensation for the failed launch of the Telegram Open Network, or TON.Investors at Da Vinci Capital reportedly sent a letter before claim to Telegram CEO Pavel Durov, stating that the fund is planning legal action against TON Inc. and Telegram, Forbes Russia reports Monday.Citing anonymous sources close to Da Vinci, the report states that the fund has demanded $100 million incompensation from....
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Pavel Durov, founder of the messaging app Telegram, has criticized Bank of Russia’s proposal to impose a blanket ban on a range of crypto-related activities. Such move would stifle high-tech development and chase away blockchain specialists, Durov says.
Durov Speaks Out Against Bank of Russia Push for Crypto Ban
The cryptocurrency ban proposed by the Central Bank of Russia (CBR) will destroy a number of high-tech sectors and spark an outflow of IT specialists, Pavel Durov, the man behind the popular-in-the-crypto-community messenger, Telegram, has predicted. The Russian....
Pavel Durov, CEO of Telegram, has hinted at a series of Web3 enhancements coming to the popular messaging platform. Durov talked about the benefits that tradable usernames and channel links might have in the future, creating a marketplace where users could use them in the same way Ethereum Name Service addresses are utilized.
Telegram Might Receive Web3 Enhancements
Digital companies are starting to see benefits that Web3, NFTs, and user-led digital marketplaces might bring to their operations. Pavel Durov, CEO of Telegram, one of the most popular messaging services linked to....
Telegram Founder Pavel Durov has come up with an idea that millions of the service’s usernames and addresses can be auctioned off as NFTs. Durov made this recommendation on his Telegram channel that has more than 651,000 subscribers. Further, Durov pointed out that this move is mostly influenced by TON’s sale of roughly 2,000 .ton […]
Pavel Durov, former CEO of Russia’s social networking site VKontakte, has openly decried the treatment of cryptocurrencies by the country’s authorities. Durov was fired from his position on 21 April, placing the network “under the ‘full control’ of Kremlin insiders,” The Moscow Times reported. The implications behind the dismissal would appear to have incensed Durov, who subsequently spoke to BTC Russia about national currencies allowing governments to “cause the most pain to the poor and at the same time create the most inconspicuous taxation, constantly devaluing monthly salaries”. His....
Telegram, a popular messaging app within the cryptocurrency space, surpassed 500 million monthly active users during the first week of January, according to Telegram chief executive officer Pavel Durov. In the last 72 hours, said Durov, the app has seen a massive surge in new users, with an additional 25 million people signing up to use the platform. These new users are coming from all around the world, with the majority – 38% – drawn from Asia. Some 27% are coming from Europe, 21% from Latin America, and 8% from the Middle East and North Africa (Mena region). Around 200....