Telegram achieved profitability in 2024, with revenue surpassing $1 billion for the first time. Pavel Durov, the platform's founder, announced this milestone, attributing the success to diverse monetization strategies. Revenue grew from $350 million in 2023, mainly due to a premium subscription service and expanded advertising. The company's crypto ventures, including the sale of Toncoin, helped address debts and improve liquidity. Despite financial success, Telegram faces regulatory scrutiny for illicit activities on its platform. To address concerns, the company has increased moderation efforts, blocking millions of groups engaged in illegal activities. While focusing on eradicating harmful content, Telegram continues to explore deeper crypto integration for new revenue streams. The platform's growth in blockchain gaming and tokenized Bitcoin transactions on Web3 apps highlights its evolving ecosystem. However, users are advised to exercise caution in cryptocurrency trading, as it remains a high-risk activity. Read more AI-generated news on: https://app.chaingpt.org/news