Telegram Forces TON Connect on Crypto Wallets, Sparking Controversy

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Telegram Reaches $1 Billion Revenue in 2024 What It Means for Toncoin

The post Telegram Forces TON Connect on Crypto Wallets, Sparking Controversy appeared first on Coinpedia Fintech News

Big changes are coming to cryptocurrency wallets on Telegram! With a new exclusive partnership with The Open Network (TON) Foundation, Telegram is taking crypto to the next level.

From now on, all third-party crypto wallets on Telegram will need to use TON Connect as their exclusive wallet connection protocol. This move marks TON as the official blockchain for Telegram, leaving other networks behind.

Notably, the new requirement is part of Telegram’s partnership with the TON Foundation, which made TON the only supported blockchain network for its messenger services.

As a result, Mini Apps currently operating on other blockchains must transition to TON by February 21, which includes migrating smart contracts, bridging existing assets, and exclusively adopting TON Connect.

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