Russian Analyst Examines Post-Airdrop Performance of Hamster Kombat Token

September 2, 2024 Bitcoin.com

Airdrop

Vladislav Antonov, a financial analyst at Bitriver, one of Russia’s largest mining data center operators, believes that post-airdrop interest in Hamster Kombat, the popular tap-to-earn game, will grow quickly. However, if the game fails to evolve from its current ‘clicker’ state, this interest might wane, and users may migrate to other similar projects. Interest In […]

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Over 40% of Telegram’s 2023 Revenue Stems From Crypto Ventures: Report

September 1, 2024 The Daily Hodl

crypto

A huge chunk of the revenue generated by the messaging app Telegram reportedly came from crypto assets. A new report from The Financial Times shows that in 2023, over 40% of the revenue generated by the company was derived from its integrated wallet and sales of collectibles. Telegram sells collectibles and provides integrated wallet services […]

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Telegram financial statement shows it holds $400 million in crypto

August 31, 2024 Coin Telegraph

Telegram financial statement shows it holds 0 million in crypto

Coin Telegraph

The messaging app had about four million premium users at the end of 2023.

The popular messaging app Telegram, whose CEO Pavel Durov was arrested on Aug. 24, reportedly held $400 million in digital assets as of the end of last year, according to the company’s 2023 financial statement.

The app had around four million premium users at the close of 2023, a number that has grown to over five million today.

Telegram posted an operating loss of $108 million during the year ended Dec. 31, 2023, while generating $342.5 million in revenue. According to a Financial Times report, about 40% of Telegram’s revenues came from digital asset-related activities under the categories “integrated wallet” and “sale of collectibles.”

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Toncoin Blockchain Community Launches Initiative to Free Telegram Founder Pavel Durov After France Arrest

August 29, 2024 The Daily Hodl

Altcoins

The community behind layer-1 blockchain The Open Network (TON) is rallying behind the messaging platform Telegram’s founder, Pavel Durov, who is currently detained in France. French authorities arrested Durov at the Le Bourget Airport last weekend on a warrant related to Telegram’s alleged failure to moderate content linked to drugs, fraud and other criminal activities. […]

The post Toncoin Blockchain Community Launches Initiative to Free Telegram Founder Pavel Durov After France Arrest appeared first on The Daily Hodl.

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Aptos network integrates Nillion for privacy-preserving apps

August 29, 2024 Coin Telegraph

Aptos will be able to support confidential DeFi, private AI assistants and more.

Aptos is integrating privacy platform Nillion to support privacy-preserving applications on the layer-1 blockchain network, Nillion told Cointelegraph on Aug. 29.

Aptos will be able to support applications such as confidential decentralized finance (DeFi), private artificial intelligence assistants, secure social media, private gaming and collectibles, and more, Nillion said.

“DeFi users could benefit from private trade execution or hidden liquidation vaults, while supply chains could enhance transparency without compromising sensitive data,” according to Nillion.

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Outrage Grows Over Macron’s Alleged Dinner Invite Luring Durov to France on Arrest Day

August 28, 2024 Bitcoin.com

Arrest

Telegram founder Pavel Durov was reportedly scheduled to dine with French President Emmanuel Macron on the day he was arrested, sparking controversy. French authorities detained Durov, and reports indicate that he had informed them about the planned meeting. The allegations led to a political backlash, with accusations against Macron for stifling free speech. Did Macron […]

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France Charges Telegram’s Pavel Durov, Sets Bail at €5 Million

August 28, 2024 Bitcoin.com

Bail

Telegram’s founder and CEO, Pavel Durov, is still in hot water in France, facing multiple criminal charges linked to activities on his messaging platform. The French court reportedly set his bail at €5 million, and he’s now prohibited from leaving the country. French Authorities Charge Telegram CEO Durov After Durov was taken into custody last […]

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Telegram CEO Pavel Durov charged, barred from leaving France

August 28, 2024 Coin Telegraph

Coin Telegraph

After his arrest on Aug. 25, French prosecutors said they had indicted Pavel Durov with criminal charges related to his role at Telegram.

Pavel Durov, the founder and CEO of messaging app Telegram, has been charged in France and placed under judicial supervision after appearing in court.

According to an Aug. 28 Bloomberg report, French prosecutors said they had indicted Durov with criminal charges related to his role at Telegram and required him to post bail in the amount of 5 million euros before he could be released from custody. Police delivered Durov to court after he was detained at an airport north of Paris on Aug. 25.

After his arrest, prosecutors said the Telegram founder had been taken into custody as part of a judicial investigation “against person unnamed” on charges, including complicity with illegal activities, refusal to communicate to authorities, money laundering, criminal association and providing cryptology services without prior declaration. Durov also reportedly faces child abuse allegations in Switzerland that are unrelated to the French case.

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Telegram CEO and brother’s arrest warrants were issued in March: Report

August 28, 2024 Coin Telegraph

Coin Telegraph

The news comes hours after a report revealed that Durov’s phone was hacked back in 2017, a year before he met with the French president.

The arrest warrants for Telegram CEO Pavel Durov and his brother, co-founder Nikolai Durov, were issued by French authorities months earlier than initially suspected.

In the latest revelation, the arrest warrants for the brothers behind the viral messaging app Telegram were first issued in March 2024, according to French administrative documents seen by Politico.

The news comes hours after reports that Durov’s phone was hacked by French and United Arab Emirates spies back in 2017, due to the UAE’s concern over the use of Telegram to recruit operatives and plan attacks.

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UAE Requests France to Provide Immediate Consular Support for Telegram CEO Pavel Durov

August 27, 2024 Bitcoin.com

bitcoin.com

The United Arab Emirates (UAE) has requested consular services for Telegram CEO Pavel Durov following his arrest in Paris for alleged cybercrimes. France is investigating Durov for enabling illegal activities through Telegram. Russia has similarly sought to protect Durov’s rights, but France has been described as uncooperative. Telegram denies any wrongdoing, defending its moderation practices […]

Telegram

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