.Telegram will build a non-custodial crypto wallet and DEX, CEO Pavel Durov said. By realDannyNelson.
that grew out of the initial TON concept developed by Telegram; both were developed by the community of supporters, however, only one ended up with Telegram’s official recognition.
In a message on his personal channel, Durov contrasted Telegram’s effort with the “excessive centralization” of failed, centralized crypto exchange FTX. “Cryptocurrency users should switch to trustless transactions and self-hosted wallets that don't rely on any single third party,” he said.a $126 million “rescue fund” to support crypto projects wracked by FTX’s collapse. The TON coin was trading up nearly 4% near press time.
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