Pavel Durov’s Telegram has announced that it issued $270 million in bonds this week to fund its growth until it achieves profitability. The move is intended to provide the necessary funding to bring the company closer to the break-even point . With this bond issuance Telegram is aiming to guarantee its development and secure the resources needed for its expansion .
HEX cryptocurrency is an innovative financial instrument launched on the Ethereum network on December 2, 2019. HEX uses blockchain technology. It aims to replace certificates of deposit, which are popular in traditional financial markets. This allows it to function as a store of value. Hex is also an ERC-20 token. Certificates of deposit are financial products that provide investors with interest earnings over a certain period of time and repay the principal at maturity. HEX brings this idea to the cryptocurrency world, allowing users to utilize their investments for the long term and earn interest. HEX’s blockchain-based structure aims to provide the reliability and transparency of traditional financial products. HEX tokens are traded by locking users in for a certain period of time and earning interest at maturity. This system helps to incentivize investors to think long-term and helps to steadily increase the value of HEX tokens. Furthermore, because HEX tokens run on the Ethereum n...
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