Telegram Raises $1.5B Despite Legal Pressure on CEO

Telegram is moving forward with a $1.5B bond raise — even as its founder Pavel Durov remains stuck in France under legal scrutiny for allegedly not cooperating with authorities.

Investors include BlackRock, Mubadala, and Citadel.

• Funds will refinance previous debt
• Bondholders may convert to equity if Telegram IPOs
• Company reported $540M profit in 2024, expects $700M+ in 2025
• Over 1B monthly users and 15M paid subs

Despite the legal cloud, the platform’s growth and financials speak for themselves.

As for $TON, the native token of the ecosystem, it hasn’t truly moved in months.

Strong fundamentals, huge community, and a real shot at mass onboarding through the most-used messenger.

The chart starting to resemble a classic Power of Three pattern.

But until we see a clean flip of $5.5 — it’s just potential.

Telegram and Musk's xAI have agreed to a 1-year partnership to distribute Grok AI to Telegram users and integrate it into its apps.

Telegram will receive $300M in cash and equity from xAI, plus 50% of revenue from xAI subscriptions sold via Telegram.

Ben Pasternak outlines next steps for $LAUNCHCOIN

Launchcoin’s priorities moving forward:

– Reactivating the project’s official X account
– Rolling out in-app token creation, including category support
– Supporting founders in launching previously delayed projects

Bitcoin 2025: Speech by J.D. Vance, Vice President of the United States

Live now: Youtube

J.D. Vance at Bitcoin 2025:

“50 million Americans own Bitcoin — and I believe that’s going to be 100 million before too long.”

Other key quotes from the U.S. Vice President:

“With President Trump, crypto finally has a champion and ally in the White House.”

“We fired Gary Gensler — and we’re going to fire everybody like him.”

What’s going on with $SBET and Ethereum?

A company called SBET (backed by Ethereum’s co-founder) plans to buy $425M worth of ETH.

Right now, the company is worth $2.4 billion on the market — but that’s 6 times more than the value of what it actually owns.

Big investors who bought early already made 400% profit.

But here’s the risky part:
They’re using borrowed money to buy ETH, which can be very dangerous if prices drop.

Bitcoin is trading at $110K

Meanwhile, Google Trends for "Bitcoin" are sitting at literal bear market lows.

Is this a sign that we’re still early — or are we quietly entering the final euphoric stage?

SOL Strategies eyes $1B raise to expand in Solana ecosystem

The firm has filed paperwork to enable flexible fundraising of up to $1B.
In crypto, timing is everything — and SOL Strategies wants to scale with the network, not chase it.

Arthur Hayes reacts to tariff block: “Buy everything”

As the court strikes down Trump’s tariffs, Arthur Hayes delivers his verdict loud and clear: Buy. Everything.

Elon Musk denied signing anything with TON.

Pavel responded:

“True. The agreement is there in principle, but the formalities are still under review.”

The Hunt for James Wynn.

“Hunters” engineered a wick that hit his liquidation price, forcing him to sell over $250M worth of $BTC to lower his liquidation level.

James is still in the red — his current unrealized loss on this trade stands at $23.85M.

Source:
hyperdash.info/trader/0x5078c…

FTX to return $5B to creditors this week

FTX is preparing to distribute over $5 billion in stablecoins to creditors starting May 30.

The repayment represents around 2% of the entire stablecoin market — a major injection of liquidity into crypto.

Pay attention.

Solana or nothing: Sol Strategies exits $BTC and goes all-in on $SOL.

This week, tech firm Sol Strategies sold its entire Bitcoin treasury and acquired 26,478 $SOL worth $4.7M.

Their reserves are now 100% $SOL — fully committed to validator growth and long-term support of the Solana ecosystem.

Total holdings: 420,355 $SOL.

Arkham launches a Telegram mini-app.

You can now search through 2.1B labeled addresses and 700K identities, as well as create and manage alerts for any on-chain transactions — all within Telegram.

Telegram raised $1,700,000,000 from convertible bonds that it will use to retire existing debt and lengthen the maturity of its debt

Biggest losers in crypto?

The German government — sold their Bitcoin at half the current price.

When you’re a government and can’t even HODL