Telegram Cancels ICO - 200 Private Investors Pay $1.7bn

Telegram cancels ICO: the encrypted messaging service reportedly decided to scrap plans for a public offering for its cryptocurrency, known as grams. Highly anticipated, the decision was apparently...

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Telegram Cancels ICO - 200 Private Investors Pay $1.7bn

Source: Crypto Briefing

Telegram cancels ICO: the encrypted messaging service reportedly decided to scrap plans for a public offering for its cryptocurrency, known as grams. Highly anticipated, the decision was apparently taken after two private sales managed to raise $500m more than the original fundraising target of $1.2bn.