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Telegram reaches 900 million users and is close to profitability, founder considers IPO

The number of Telegram users reached 900 million, and the company is approaching profitability, paving the way for a possible large-scale stock market listing. Pavel Durov, the founder of Telegram, revealed in an interview with the Financial Times that since the introduction of advertising and premium subscription services two years ago, this Dubai-based social media application has become one of the most popular social media platforms in the world, with revenue reaching "hundreds of millions of dollars". Durov said, "We hope to achieve profitability this year or next." This is his first public interview since 2017. Durov also mentioned that although potential investors, including the "Global Late-Stage Technology Fund," have offered valuations of more than $30 billion, he ruled out the possibility of selling the platform while exploring the possibility of an initial public offering (IPO) in the future. Durov emphasized that the main reason for launching a profitable model is to maintain independence and believes that IPOs can democratize access to the value of Telegram. Telegram plans to launch a revenue-sharing plan with channel creators this month, promising to give them 50% of marketing dollars. In addition, the company will also introduce commercial accounts and "social discovery" features to help users meet or date nearby people. Telegram's advertising business attempts to form a sharp contrast with its reputation as a platform that takes a laissez-faire attitude towards content regulation. The platform has recently come under scrutiny for allowing some Hamas-related content to remain on the platform.

Telegram has launched the first batch of Telegram commerce features

On March 6th, Telegram CEO Patel Du Rove announced that the first batch of Telegram business features has been launched this week. Users can now convert their personal Telegram accounts to business accounts, and more Telegram business features will be launched later this month. Telegram Business accounts will be able to seamlessly add AI chatbots as invisible secretaries to reply to all or some chat content. The new robot API for developers will be launched later this month, and it will be entirely free. Earlier reports stated that the Telegram advertising platform will be open in March, sharing advertising revenue through the TON blockchain.

Telegram plans to sell TON at a discount to long-term investors to limit its token holdings to 10%

In response to concerns about the possible concentration of Toncoin holdings, Telegram announced new measures to limit its holding ratio of TON supply to about 10%. The company plans to sell excess Toncoin holdings to long-term investors at a price lower than market value, and these shares will be subject to a 1 to 4 year lock-up and linear unlocking plan to reduce the free circulation in the market, stabilize the ecosystem, and reduce volatility.

Telegram will exclusively use the TON blockchain for advertising revenue payments and withdrawals

According to The Block report, Telegram will exclusively use the TON blockchain for advertising revenue payments and withdrawals.

Bloomberg launches encrypted channel on Telegram

Bloomberg's encryption and blockchain section, Bloomberg Crypto, has opened an encryption channel on Telegram to provide news and analysis in the field of cryptocurrency.

Telegram MiniApp inscription trading platform gram20 is about to launch its first inscription Gram Mint event

The first inscription trading platform on Telegram MiniApp, Gram20, will launch the first inscription Gram Mint activity on December 22. The total circulation of Gram is 210 billion, and each mint is 10,000 tokens, using fair launch. Gram20 is an inscription trading platform built on Telegram MiniApp, providing inscription deployment, engraving, and trading services for 900 million Telegram users. Through Telegram Wallet deployment of TON, Tron, Taproot, Dogecoin, Sol, AVAX multi-chain networks, Gram20 is committed to becoming a Telegram inscription trading platform for everyone.

Telegram Wallet: Deposit and withdrawal procedures are being updated and all deposit and withdrawal operations will be suspended for a few hours.

The hosted wallet robot Telegram Wallet on Telegram has released a maintenance notice, announcing that it is updating its deposit and withdrawal processes and will suspend all deposit and withdrawal operations for a few hours. The notice emphasizes that despite the service interruption, users' funds are still safe and secure. Telegram Wallet promises to notify users on the platform after the maintenance is completed.

TON blockchain slows to a halt as Ordinals activity surges

Based on messages from TON developers and users on Telegram, as the Ordinals-inspired protocol activity surges, the processing speed of the TON blockchain has slowed down. According to data from the dTON robot monitoring the status of the blockchain, as of early Friday morning, there were over 2.5 million transactions waiting to be processed, and the speed of the TON blockchain has dropped to less than one transaction per second.

Hacken: There are scammers posing as project parties to induce developers and auditors to download suspicious repositories. Please be aware of the risks.

Blockchain security organization Hacken has recently discovered a scam that has emerged on platforms such as Telegram and Linkedin. It is worth noting that this scam targets developers and auditors in the cryptocurrency industry.

Slow Mist: Telegram robot FriendSniperBot requires users to directly import private keys, which poses a risk of doing evil.

On November 6th, 23pds, the Chief Information Security Officer of SlowMist, posted on social media that a Telegram bot called FriendSniperBot requests users to directly import their private keys, posing a significant risk. According to feedback from a community member, there has been a precedent of this bot stealing user private keys, but 23pds stated that there is currently no concrete evidence, and the SlowMist team is continuing to follow up.