Colin Wu, a Chinese crypto journalist and blogger, recently made waves in the cryptocurrency community when he revealed that Pavel Durov, the founder of the popular Telegram App, has disclosed his crypto holdings. Despite his staggering net worth of $17.5 billion in 2023, Durov chooses to refrain from investing in traditional assets like houses or airplanes. Instead, he has put his faith in the world of cryptocurrencies, primarily Bitcoin and Toncoin (TON), the native digital currency of Telegram's Open Network Layer 1 blockchain, which operates on the Proof-of-Stake (PoS) consensus mechanism. It seems that Durov's belief in the potential of these digital assets is driving his investment decisions, making him a notable figure in the crypto world.
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