Forbes: Telegram ICO Creator Makes Russia Look Good for the Crypto Industry

- Advertisement -

Forbes has created a list of 15 Russian entrepreneurs who make their country look like a country that introduces innovation and contribute to a positive image of Russia for the rest of the world. Part of them are busy working in the cryptocurrency industry or close to it.

TON Blockchain network creator

On top of the list is Pavel Durov, the software engineer who founded the encrypted Telegram messaging app and then launched an ICO last year. The plan goes as far as to create a global decentralized platform, TON (Telegram Open Network), with the GRAM token as a fuel to power transactions on it.

Before leaving Russia for good, Pavel Durov and his brother created the most popular Russian social network, VK.com, which they were forced to sell later to the Russian government-protected businessmen who own the Mail.ru holding, ICQ messaging app and Russia’s other major social media.

Last year, the Russian government went out of its way to block Telegram in the country, but failed to do that. Thus, targeting TON and Telegram at countries with oppressive regimes, Durov for many has become a kind of a symbol of ‘digital resistance’ and libertarianism, which Bitcoin and most other crypto also stand for.

Eugene Kaspersky – McAfee antivirus competitor

The founder of Kaspersky Labs is well-known in the global market of antivirus software. The company’s products are good enough to compete with such brands as McAfee’s antivirus (currently owned by Intel).

Forbes seems to have put this entrepreneur on the list by mistake since Kaspersky has not been in favour out in the West recently. Two years ago, US authorities accused Kaspersky Labs of working for the Russian intelligence service. In summer 2017, Trump’s administration banned the use of Kaspersky Labs products for US state agencies.

- Advertisement -

The Russian IT giant still attempts to restore their reputation in international courts, but that does not seem to be fruitful yet.

Other people on the list

Among other entrepreneurs on the Forbes list is Oleg Tinkov, the founder of Tinkoff Bank, a major bank in Russia. The entrepreneur works in other spheres of business as well, and at one point he was eager to launch his own crypto, TinCoin, but then postponed it until Russia adopts an operational regulatory system for blockchain and digital assets.

———————————————————————————————————————————–

This post was originally published on UToday. Bitnewsbot curates, examines, and summarizes news from external services while producing its own original material. Copyrights from external sources will be credited as they pertain to their corresponding owners.

- Advertisement -

Previous Articles:

Stay in the Loop

Get exclusive crypto insights, breaking news, and market analysis delivered straight to your inbox. No fluff, just facts.

    1 Email per day. Unsubscribe at any time.

    - Advertisement -

    Latest News

    CoinDesk Asia’s Shaurya: Deep Crypto Portfolio, DeFi Expertise

    Shaurya serves as Co-Leader of the CoinDesk tokens and data team in Asia.His work...

    Ether Shorts Liquidated as Price Surges Past $4K, Eyes Short Squeeze

    Ether’s price surpassed $4,000, causing the largest short position liquidation in the crypto market...

    Harvard Endowment Reveals $116M Bitcoin ETF Bet in SEC Filing

    Harvard Management Company has disclosed a $116 million investment in BlackRock’s iShares Bitcoin Trust...

    Trump Fires IRS Commissioner Billy Long After Two Months in Role

    President Donald Trump removed IRS Commissioner Billy Long just two months after his appointment.Treasury...

    Coinbase Launches Decentralized Exchange Trading in the US

    Coinbase will add decentralized exchange (DEX) trading to its app for U.S. users, except...

    Must Read

    7 Best Audiobooks on Cybersecurity

    Cybersecurity has become an essential topic in our increasingly digital world. As technology evolves and becomes more integrated into our daily lives, the importance...