𝐑𝐍𝐂𝐓 𝐒𝐇𝐈𝐓𝐏𝐎𝐒𝐓

𝐑𝐍𝐂𝐓 𝐒𝐇𝐈𝐓𝐏𝐎𝐒𝐓

𝐑𝐍𝐂𝐓 𝐒𝐇𝐈𝐓𝐏𝐎𝐒𝐓 Telegram | DID YOU KNOW?

He floated the idea of restricting the use of Telegram in Ukraine and Russia, a suggestion that was met with fierce opposition from users. Shortly after, Durov backed off the idea. The Russian invasion of Ukraine has been a driving force in markets for the past few weeks. At the start of 2018, the company attempted to launch an Initial Coin Offering (ICO) which would enable it to enable payments (and earn the cash that comes from doing so). The initial signals were promising, especially given Telegram’s user base is already fairly crypto-savvy. It raised an initial tranche of cash – worth more than a billion dollars – to help develop the coin before opening sales to the public. Unfortunately, third-party sales of coins bought in those initial fundraising rounds raised the ire of the SEC, which brought the hammer down on the whole operation. In 2020, officials ordered Telegram to pay a fine of $18.5 million and hand back much of the cash that it had raised. Friday’s performance was part of a larger shift. For the week, the Dow, S&P 500 and Nasdaq fell 2%, 2.9%, and 3.5%, respectively. The Dow Jones Industrial Average fell 230 points, or 0.7%. Meanwhile, the S&P 500 and the Nasdaq Composite dropped 1.3% and 2.2%, respectively. All three indexes began the day with gains before selling off.
𝐑𝐍𝐂𝐓 𝐒𝐇𝐈𝐓𝐏𝐎𝐒𝐓 from no

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