As UCTF-2024 comes to an end, it has truly been an unforgettable experience. Though the competition began with a 4-hour delay on the first day โณ, things improved steadily, turning into a memorable event for all of us. ๐
The scoreboard has now been unfrozen and is visible on our website. Congratulations to the top 3 teams! ๐ ๐ฅTRX (7900 points) ๐ฅFlagMotori (7800 points) ๐ฅMinus Zero Knowledge (6100 points)
All services and challenges will remain accessible for the next two weeksโ๏ธ, allowing more time to explore and reflect on the challenges. Write-ups are always appreciated, whether on CTFtimehere, YouTube channels, or other platforms. Official write-ups will also be released in the upcoming weeks. ๐๐ป
A special thanks to all who contributedโsponsors, challenge designers, and supporters. Your contributions made this event possible. ๐๐ป Looking forward to UCTF-2025! ๐ค๐
As UCTF-2024 comes to an end, it has truly been an unforgettable experience. Though the competition began with a 4-hour delay on the first day โณ, things improved steadily, turning into a memorable event for all of us. ๐
The scoreboard has now been unfrozen and is visible on our website. Congratulations to the top 3 teams! ๐ ๐ฅTRX (7900 points) ๐ฅFlagMotori (7800 points) ๐ฅMinus Zero Knowledge (6100 points)
All services and challenges will remain accessible for the next two weeksโ๏ธ, allowing more time to explore and reflect on the challenges. Write-ups are always appreciated, whether on CTFtimehere, YouTube channels, or other platforms. Official write-ups will also be released in the upcoming weeks. ๐๐ป
A special thanks to all who contributedโsponsors, challenge designers, and supporters. Your contributions made this event possible. ๐๐ป Looking forward to UCTF-2025! ๐ค๐
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%.
A project of our size needs at least a few hundred million dollars per year to keep going,โ Mr. Durov wrote in his public channel on Telegram late last year. โWhile doing that, we will remain independent and stay true to our values, redefining how a tech company should operate.