Crypto investors have poured money into $BTC ETPs at a record pace ever since BlackRock's filing, and SG Forge became the first company to receive a license to offer crypto services in France. LedesmaLyllah and godbole17 report in First Mover Americas.
Messaging platform Telegram issued $270 million in bonds this week to fund its growth until"we reach the break-even point," CEO Pavel DurovThe platform is not yet profitable and has rising expenses due to its"massive growth," Durov said. It’s onboarding 2.5 million new users a day and earlier this year hit 800 million monthly active users."I personally bought about a quarter of the new Telegram bonds, investing tens of millions into Telegram's growth.
This comes in addition to the hundreds of millions I spent over the last 10 years to keep Telegram operational," Durov said. The alternative messaging platform has long been a favorite among crypto enthusiasts. That's partly attributable to the company's defunct efforts to launch its own crypto token, GRAM.The chart shows DeFi lender Aave's algorithmic dollar-pegged stablecoin GHO has crossed $3 million in market capitalization within four days from the launch.
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