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“Bettergram… isn’t it named Telegram?” Was the first thought that popped into my mind as I saw a tweet bringing attention to a newfangled messaging application. But don’t get me wrong, Bettergram is so much more than just a medium of communication aimed at crypto enthusiasts, or at...
Lightspeed Venture Partners, a venture capital (VC) firm and early investor in Snap Inc., has raised $1.8 billion for startup investments including cryptocurrency projects. As it eyes a business expansion to Southeast Asia, where the digital currency ecosystem thrives like no other region, the VC player is likely to...
The company behind Kakao, the most popular messaging app in South Korea, has suggested it will do a private placement next month to raise money for a crypto platform. The platform will be separate from the messaging app due to concerns over the lack of ICO regulations, Bloomberg...
In the first five months of 2018, cryptocurrency sales from initial coin offerings (ICOs) jumped to $13.7 billion — almost double the amount raised for the whole of 2017, according to a report released yesterday by PwC’s strategy and consulting division Strategy& and Switzerland-based Crypto Valley Association. 2018’s...
Telegram has scrapped ICO plans after record-breaking private fundraising, and plans a new form of digital payment system on their own network. ICO isn’t needed after raising $1.8 billion in private funds Telegram Group Inc. announced that it is ending plans for public fund raising since it has raised so...
Someone has registered a company in the UK that has plagiarised the global instant messaging app Telegram’s ICO project name. According to reports in Quartz, the Telegram Open Network Limited was incorporated in late February. UK Company Listing an Obvious Fraud According to documents from Companies House, the...
The cryptocurrency world has gone through various notable improvements in the recent past. These improvements in infrastructure and platforms have been so far designed to appeal to the niche market of serious crypto-users. However, it would be notable that even with these efforts in place, there is still...
Despite the rumors, Iran’s President Hassan Rouhani has said today that the country is not planning to ban the popular encrypted messaging platform Telegram. Rouhani explained in a meeting with high-ranking state officials that, instead, Iran will be introducing homegrown messaging applications that are aimed at putting an...
Telegram Group Inc., the encrypted messaging platform, has completed its second initial coin offering (ICO) — the world’s largest — bringing the amount raised to $1.7 billion. The ICO was held to help establish the Telegram Open Network (TON), a “fast, scalable, and user-friendly” cryptocurrency and blockchain platform....
Despite only running for four months, global messaging giant Telegram’s initial coin offering (ICO) is already on track to bring in one billion dollars — long before the product the company is raising money for is even built. Funding from the initial round of investors has already made...
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