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Cyprus-based Embria exits Finnish Duunitori with 70x return on investment

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HELSINKI and LIMASSOL, Cyprus, July 13, 2022 /PRNewswire/ — After seven years of close cooperation, Embria, one of the oldest venture builders in Europe, exits Duunitori, the largest Finnish job search and recruiting media, as part of the deal led by Intera Partners venture fund. Embria’s return counts about 70x, making it the company’s most successful venture investment so far.

As a result of the deal, Intera becomes a majority owner in Duunitori and forms a close partnership with the company to support further growth and internationalisation.

Duunitori was founded in 2009 by two friends Thomas Grönholm and Martti Kuusanmäki. Embria invested in Duunitory in 2015, shortly after both companies’ representatives first met in Helsinki attending Slush. Embria was the biggest among Duunitory’s external shareholders and the last one before the current deal. 

In 2021 Duunitori officially became the largest job board and recruitment services provider in Finland. It has seen substantial growth over the past years and expanded its operations to Sweden under the name Jobbland. In the last five years, Duunitori’s turnover has seen an average annual increase of 70 percent, with a turnover of €14 million in 2021.

“Our extensive experience in creating startups from scratch helps us recognise the potential in early-stage companies, seeing them through the eyes of an entrepreneur and not only an investor. It was a pleasure for us to work and exchange expertise with Duunitori’s highly professional and motivated team through all these years, and I’m happy that Embria was a part of this highly successful journey,” — comments Pavel Yakovlev, co-founder and co-CEO of Embria.

About Embria

Embria is a Cyprus-based venture builder that founds, funds and grows its own startups from scratch. Founded in 2007, Embria is one of Europe’s most long-lasting and profitable venture builders. Being a founder of successfully operating companies like HypeAuditor, EdTech Holding, Datalead, Mobilipay and Red Panda Labs, Embria continues reinvesting profits and creating new ventures. It currently focuses on Well-being and Social verticals. Aside from startup building, Embria also acts as a venture investor, monetizing its expertise and supporting like-minded entrepreneurs. By 2021, Embria’s combined portfolio of 20+ companies has generated €1.1Bn of total value with a 105% Internal Rate of Return. More information on https://embria.com.

 

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Technology

Club Offers Released on May 25, 2025

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NEW YORK, May 24, 2025 /PRNewswire/ — Travelzoo® (NASDAQ: TZOO), the club for travel enthusiasts, announces the release of Club Offers for Club Members.

Rigorously vetted and negotiated for us travel enthusiasts in Germany:

199 €—LUXURY HOTEL IN DAVOS 3 days in one of Switzerland’s most fashionable places, the setting of Thomas Mann’s novel The Magic Mountain. The 5-star hotel is located directly on the promenade. Club members save 47–54 percent compared to the hotel website.

AB 379 €—TUSCANY: 6 DAYS WITH WINE TASTING & 3 COOKING COURSES
Apartments of at least 92 square meters, surrounded by cypresses and vineyards. Club members receive daily breakfast plus a 3-course candlelight dinner.

119 €—4*-HOTEL IN PARIS INCL. SEINE CRUISE, REGULAR 472 € A 2-night stay in the Saint-Germain-des-Prés district, once a meeting place for Sartre and Picasso. Just 15 minutes on foot from the Louvre and including breakfast.

99 €—NEW LUXURY HOTEL IN BUDAPEST, -72%
Located in the middle of the UNESCO-protected old town is this 5-star superior hotel. Condé Nast Traveller magazine lists it as one of the best hotels in Budapest. The “bold design” is particularly highlighted.

139 €—3 DAYS BLACK FOREST WITH HALF BOARD
4-star superior hotel with panoramic views of the countryside. Half board with organic products and access to the spa with thermal pool is included. Club members save 39–66 percent compared to the original price.

FROM 599 €—SWITZERLAND TRIP WITH GLACIER EXPRESS & HOTELS 4-day train journey in 1st class from and to Germany. Including 4-star hotels in Zermatt and St. Moritz as well as a ride on the panoramic train Glacier Express.

Some offers have limited inventory and are subject to availability.

Are you a travel enthusiast? Join the club today: https://travelzoo.com

About Travelzoo
We, Travelzoo®, are the club for travel enthusiasts. We reach 30 million travelers. Club Members receive Club Offers personally reviewed by our deal experts around the globe. We have our finger on the pulse of outstanding travel, entertainment, and lifestyle experiences. We work in partnership with thousands of top travel suppliers—our long-standing relationships give us access to irresistible deals.

Travelzoo is a registered trademark of Travelzoo. All other names are trademarks and/or registered trademarks of their respective owners.

Media Contact:

Mara Zatti 
+49 30 3119 7514
mzatti@travelzoo.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/club-offers-released-on-may-25-2025-302464758.html

SOURCE Travelzoo

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Coin Market

Durov blocked from attending Oslo Freedom Forum — Human Rights Foundation

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Telegram co-founder Pavel Durov will not be physically attending the Oslo Freedom Forum in Oslo, Norway, after French courts denied his request to travel to the Scandinavian country.

According to an announcement from the Human Rights Foundation (HRF) — a non-profit organization that advocates for universal human rights and individual liberty, and the host of the Oslo Freedom Forum — Durov will still deliver his keynote address remotely over a livestream.

“It is unfortunate that French courts would block Mr. Durov from participating in an event where his voice is so needed,” HRF founder and CEO Thor Halvorssen said.

Durov continues to be a vocal advocate for free speech and individual liberty. Tech and crypto industry executives closely monitor developments related to Pavel Durov and the implications for individual freedom from his ongoing legal battle in France.

Source: Pavel Durov

Related: Pavel Durov rejects EU pressure to censor Romanian election content

Durov claims French intelligence services asked him to censor conservative voices

Pavel Durov recently accused French intelligence officials of asking him to censor conservative-leaning political content related to the Romanian presidential elections on the Telegram platform.

Durov said that he flatly denied the request. “You can’t ‘defend democracy’ by destroying democracy. You can’t ‘fight election interference’ by interfering with elections,” Durov wrote in a May 18 Telegram post.

Although the Telegram founder did not initially name the intelligence official or the European Union country that asked him to censor the content, Durov later revealed more concrete details. The Telegram co-founder wrote in a May 18 X post:

“This spring at the Salon des Batailles, in the Hôtel de Crillon, Nicolas Lerner, head of French intelligence, asked me to ban conservative voices in Romania ahead of elections. I refused. We didn’t block protesters in Russia, Belarus, or Iran. We won’t start doing it in Europe.”

Durov has repeatedly stated that Telegram will not censor political content on the platform and would exit markets before restricting free speech on the social messaging application.

The Telegram co-founder said that complying with such heavy-handed political censorship constitutes a human rights violation.

Magazine: Did Telegram’s Pavel Durov commit a crime? Crypto lawyers weigh in

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Coin Market

Industry exec sounds alarm on Ledger phishing letter delivered by USPS

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Scammers posing as Ledger, a hardware wallet manufacturer, are sending physical letters to crypto users instructing them to “validate” their wallets or risk losing access to funds, in the latest phishing attack to impact the industry.

BitGo CEO Mike Belshe shared a picture of the scam letter, which featured a QR code, presumably linked to a malicious phishing site. The letter was sent through the United States Postal Service (USPS), according to the executive.

“These are all scams do not fall for any of these,” Troy Lindsey wrote after receiving a copy of the phishing letter.

A copy of the scam Phishing letter. Source: Mike Belshe

Cointelegraph reached out to Ledger for comment but was unable to obtain a response by the time of publication.

This phishing attempt highlights the ever-evolving complexity and tactics of social engineering scams designed to steal crypto private keys, user funds, and other sensitive data from unsuspecting victims.

Related: Hackers using fake Ledger Live app to steal seed phrases and drain crypto

Coinbase and crypto users hit hard by phishing attacks in 2025

In April 2025, $330 million in Bitcoin (BTC) was stolen from an elderly individual through a phishing attack, onchain detective ZackXBT confirmed in an April 30 X post.

“Two suspects in the $330 million heist include ‘Nina/Mo’ — a Somalian who operates a call scam center in Camden, UK — and an accomplice ‘W0rk,’ who assisted with the site and call,” the onchain security analyst said in an update.

On May 15, crypto exchange Coinbase announced it was the target of a ransom attempt after customer service contractors, who were later fired by the company, leaked user data to threat actors.

The scammers demanded a $20 million ransom, which Coinbase refused to pay, and the stolen data included names, addresses, contact information, and a limited amount of other sensitive account data belonging to a small subset of Coinbase customers.

No private keys, login credentials, or accesses to Coinbase Prime accounts were compromised during the leak, according to the exchange.

TechCrunch founder Michael Arrington was highly critical of the exchange for the security failure, arguing that it will lead to physical violence against customers exposed in the hack.

Magazine: Crypto-Sec: Phishing scammer goes after Hedera users, address poisoner gets $70K

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