• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Telegram Teams Up with TON for Major Crypto Wallet Changes

user avatar

by Giorgi Kostiuk

a year ago

Telegram has announced significant changes in crypto wallet management with a new partnership with the TON Foundation.

New Rules for Crypto Wallets on Telegram

Under the new partnership with the TON Foundation, Telegram now requires all third-party crypto wallets to use TON Connect as their sole connection protocol. This protocol enables secure interaction between wallets and decentralized applications (dApp) built on TON.

Transition to TON Ecosystem

The partnership establishes TON as the official blockchain platform for Telegram services, compelling Mini Apps currently using other blockchains to transition to TON by February 21. This entails migrating smart contracts, bridging existing assets, and exclusively adopting TON Connect.

Crypto Community Reactions

The decision has sparked heated debates within the crypto community, with developers and users voicing concerns over centralization and interoperability.

Telegram's partnership with the TON Foundation marks a significant shift in the messenger's ecosystem, raising questions about the future of blockchain technologies within its framework.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Expert Trader Predicts Cardano Price Breakout

chest

An unnamed trader predicts a potential breakout for Cardano (ADA) with a target price of 1.20 by the end of the week.

user avatarRajesh Kumar

Cardano Short Sellers Face Liquidation Amid Price Volatility

chest

Over 500,000 worth of short positions in Cardano (ADA) were liquidated as the price hovered near 0.25, indicating a potential market shift.

user avatarLucas Weissmann

Bitcoin Approaches Critical Decade Trendline

chest

Market analyst Ali Martinez highlights that Bitcoin is nearing a critical Decade Trendline, historically a Parabolic Guard, located between 56,000 and 60,000, where smart money typically accumulates before upward movements.

user avatarFilippo Romano

Bitcoin's Price Stability Linked to Supply Concentration

chest

Market analyst Ali Martinez links Bitcoin's price stability to supply concentration, warning of potential declines if support levels fail.

user avatarEmily Carter

Crypto Analyst Predicts Ethereum Price Targets for Next Bull Run

chest

Crypto analyst Crypto Patel predicts Ethereum price targets ranging from $5,000 to $60,000, suggesting significant gains in the upcoming bull market.

user avatarTomas Novak

Market Sentiment Expected to Shift in Coming Weeks

chest

Crypto analyst Killa predicts a significant turning point in market sentiment within the next 12 weeks.

user avatarKaterina Papadopoulou

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.