We are pleased to announce that we've successfully resolved the technical challenges we faced earlier. It’s been a tough few hours, as an issue with the file system of our main platform (CTFd) turned into a more complex problem. However, everything is now functioning as intended. ✅🎉
After approximately 4 hours of hard work, we are ready to officially kick off the competition. To make up for the delay, we’ve extended the competition time by 4 hours. ⏳
Enjoy the competition, and best of luck to everyone! 🍀💪
We are pleased to announce that we've successfully resolved the technical challenges we faced earlier. It’s been a tough few hours, as an issue with the file system of our main platform (CTFd) turned into a more complex problem. However, everything is now functioning as intended. ✅🎉
After approximately 4 hours of hard work, we are ready to officially kick off the competition. To make up for the delay, we’ve extended the competition time by 4 hours. ⏳
Enjoy the competition, and best of luck to everyone! 🍀💪
Best regards, UCTF 2024 Organizing Team
BY UCTF
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Durov said on his Telegram channel today that the two and a half year blockchain and crypto project has been put to sleep. Ironically, after leaving Russia because the government wanted his encryption keys to his social media firm, Durov’s cryptocurrency idea lost steam because of a U.S. court. “The technology we created allowed for an open, free, decentralized exchange of value and ideas. TON had the potential to revolutionize how people store and transfer funds and information,” he wrote on his channel. “Unfortunately, a U.S. court stopped TON from happening.”
Telegram hopes to raise $1bn with a convertible bond private placement
The super secure UAE-based Telegram messenger service, developed by Russian-born software icon Pavel Durov, is looking to raise $1bn through a bond placement to a limited number of investors from Russia, Europe, Asia and the Middle East, the Kommersant daily reported citing unnamed sources on February 18, 2021.The issue reportedly comprises exchange bonds that could be converted into equity in the messaging service that is currently 100% owned by Durov and his brother Nikolai.Kommersant reports that the price of the conversion would be at a 10% discount to a potential IPO should it happen within five years.The minimum bond placement is said to be set at $50mn, but could be lowered to $10mn. Five-year bonds could carry an annual coupon of 7-8%.
