Telegram revenues booming

The messenger’s rising cryptocurrency holdings have helped buoy it amid CEO Pavel Durov’s legal woes Messaging app Telegram posted significant financial growth in the first half of the year, with revenues driven by strong performance in its cryptocurrency holdings, the Financial Times (FT) has reported, citing the platform’s disclosures. The gains have buoyed the messenger amid the legal challenges facing CEO Pavel Durov, the outlet noted. The messenger’s digital assets rose to $1.3 billion in January-June from nearly $400 million at the end of last year, the FT wrote on Tuesday, citing unaudited financial stateme

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