Telegram ICO: most Russian investors take 72% payout, Telegram takes $500m of loans
Pavel Durov’s ICO plan went badly enough that Telegram Messenger itself might be affected.
Attack of the 50 Foot Blockchain
Blockchain and cryptocurrency news and analysis by David Gerard
Pavel Durov’s ICO plan went badly enough that Telegram Messenger itself might be affected.
The Durovs cry themselves to sleep on a not-as-big-as-hoped bed made of rather less money than they’d anticipated.
Markets are completely screwed, nobody knows what anything is worth, and the hard problem is keeping everyone in basic food and shelter. Nobody cares about your novelty crypto collectibles.
Call all you want, but there’s no one home. And you’re not gonna reach my telephone.
I strongly suspect that about wraps it up for the Telegram ICO.
“FCA are like the SEC If they forgot to do their job, ever” — Ben Munster
“I think sophisticated market investors can judge for themselves if 2+2 makes 5, or even 6. As Bruce Springsteen sang, ‘it’s just like Sister Ray said.’”
“It has been [0] days since the last inexplicably rare loss of customer funds from a Bitcoin exchange”
Mastercard throws Libra under the bus so hard, it bounces twice.
When you’re a serial foulup — with other people’s money, not just your own — running a conference is ill-advised.