Social media site Telegram Messenger LLP plans to build non-custodial wallets and a decentralized exchange for cryptocurrencies following the collapse of the FTX platform, Telegram’s founder and Chief Executive Officer Pavel Durov said on Wednesday. The platform was launched in October on the decentralized layer-1 blockchain The Open Network (TON), a protocol created independently in 2021 after the Securities Exchange Commission blocked Telegram’s proposed version. (forkast)
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