BEAMSTART Logo

Telegram 'Black Swan event' shows risk in crypto deals as Durov detained

Business Standard LogoBusiness Standard3d ago

Telegram 'Black Swan event' shows risk in crypto deals as Durov detained - Business Standard

Quick Summary:

Pantera bought Toncoin at 40 per cent below the market price at the time, the person familiar said, asking not to be named because the terms were confidential.

Over-the-counter investments by VCs and other crypto funds into projects like TON are referred to as “token deals” because investors receive tokens instead of traditional equity, and they are unique to the cryptocurrency universe.

Pantera, one of the largest crypto VC funds, put more than $100 million into Toncoin earlier this year, a person with knowledge of the matter said.


More Pictures

Telegram 'Black Swan event' shows risk in crypto deals as Durov detained - Business Standard (Picture 1)

or

Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-29 @ 11:12:36 (3 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 904 words

Reading Time: 6 minutes read

Sentences: 39 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22293221

View Article Analysis

About Business Standard

Business Standard Logo

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 114 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "Telegram 'Black Swan event' shows risk in crypto deals as Durov detained" has 904 words across 39 sentences, which will take approximately 4 - 8 minutes for the average person to read.

Which news outlet covered this story?

The story "Telegram 'Black Swan event' shows risk in crypto deals as Durov detained" was covered 3 days ago by Business Standard, a news publisher based in India.

How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news.

The outlet is headquartered in India and publishes an average of 114 news stories per day.

It's most recent story was published 3 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #22293221
  • URL: https://beamstart.com/news/telegram-black-swan-event-shows-17249111634434

BEAMSTART

BEAMSTART is a global entrepreneurship community, serving as a catalyst for innovation and collaboration. With a mission to empower entrepreneurs, we offer exclusive deals with savings totaling over $1,000,000, curated news, events, and a vast investor database. Through our portal, we aim to foster a supportive ecosystem where like-minded individuals can connect and create opportunities for growth and success.

© Copyright 2024 BEAMSTART. All Rights Reserved.