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Bitget Wallet launches $20M grant for Telegram Mini Apps

Despite TON’s TVL dropping more than 50% since July, Bitget Wallet and Foresight Ventures have given another boost to Telegram’s Mini App ecosystem.

Bitget Wallet, a non-custodial cryptocurrency wallet by Bitget exchange, continues promoting crypto adoption on Telegram by launching a new funding initiative for Telegram Mini Apps.

Crypto investment firm Foresight Ventures and Bitget Wallet on Nov. 11 jointly launched a new $20 million support program for Telegram Mini Apps, according to an announcement shared with Cointelegraph.

The new funding program aims to support the development of new projects in Telegram’s Mini App ecosystem and create new opportunities for developers and projects.

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Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

Telegram is becoming a one-stop app like China’s WeChat — Bitget CEO

According to DemandSage, Telegram boasts approximately 950 million monthly active users and has raised over $4 billion since its launch.

Telegram and the separate, decentralized Open Network have the potential to elevate the messaging platform into an all-encompassing application that includes social media, payments, finance, entertainment, gaming, and communication capabilities — much like China's popular WeChat app.

According to Gracy Chen, the CEO of exchange and wallet provider Bitget, Telegram's symbiotic relationship with the independent Open Network and its crypto trading features distinguishes the application from competitors and positions it for massive growth. The CEO told Cointelegraph:

The Bitget CEO also cited the meteoric adoption of Telegram in emerging market economies — particularly among young people in Africa as further evidence of the application's potential to become an everything app used by billions of individuals.

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Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

SafePal launches Telegram crypto wallet with Visa card support

SafePal’s new Mini Wallet App will enable 950 million Telegram users to create individually owned and compliant crypto-friendly Swiss bank accounts, the firm said.

Self-custodial cryptocurrency wallet SafePal is joining Telegram’s rapidly growing crypto ecosystem by launching a Mini App wallet on Messenger.

SafePal officially introduced its Telegram Mini Wallet App on Nov. 2 after announcing pre-launch during a keynote at the TON Gateway event dedicated to The Open Network (TON) ecosystem.

According to an announcement shared by SafePal, its new Mini Wallet App will enable 950 million Telegram users to create individually owned and compliant crypto-friendly Swiss bank accounts.

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Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

Ankr integrates TON into Web3 API services for developers

According to Ankr, the integration will eliminate node management for developers, allowing faster development into the TON network.

Web3 infrastructure platform Ankr has announced an integration with The Open Network (TON) blockchain, allowing developers to create decentralized applications (DApps) for Telegram’s users.

According to an Oct. 24 announcement, the integration into Ankr’s Web3 API services will eliminate nodes set up on TON, removing hours of development on building, calibrating and fixing issues. 

Telegram’s audience is estimated to be at 950 million users. Popular DApps based on TON include Telegram Mini Apps, such as Hamster Kombat — a tap-to-earn game that has amassed over 300 million players in a few months.

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Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

TON partners with Axelar to link 68 blockchains in Web3 ecosystem

Axelar’s Interchain Amplifier and Mobius Development Stack can bring blockchain interoperability to TON’s ecosystem.

The Open Network Foundation has selected Axelar’s Mobius Development Stack (MDS) as its primary platform to connect The Open Network (TON) ecosystem with 68 blockchain networks.

The integration is expected to enhance the scalability and usability of decentralized applications within the TON blockchain ecosystem, while also improving connectivity across Web3 platforms.

Anthony Tsivarev, director of ecosystem development at TON Foundation, said in a press release that Axelar is “an ideal choice” due to its “open, developer-friendly stack.”

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Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

PONKE is available for trading!

We’re thrilled to announce that PONKE is now available for trading on Kraken! Funding and trading Trading for PONKE will be live as of 16:00 PM UTC today, October 15, 2024. To add an asset to your Kraken account, navigate to Funding, select the asset you’re after, and hit ‘Deposit’.  Make sure to deposit your […]

The post PONKE is available for trading! appeared first on Kraken Blog.

Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

 Puffer Finance is available for trading!

We’re thrilled to announce that Puffer Finance ($PUFFER) is now available for trading on Kraken! Funding and trading Trading for $PUFFER is live as of 16:00 PM UTC October 14, 2024. To add an asset to your Kraken account, navigate to Funding, select the asset you’re after, and hit ‘Deposit’.  Make sure to deposit your […]

The post  Puffer Finance is available for trading! appeared first on Kraken Blog.

Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

TON is available for trading!

We’re thrilled to announce that TON is now available for trading on Kraken! Funding and trading Trading for TON is live as of 16:00 PM UTC October 10, 2024. To add an asset to your Kraken account, navigate to Funding, select the asset you’re after, and hit ‘Deposit’.  Make sure to deposit your tokens into […]

The post TON is available for trading! appeared first on Kraken Blog.

Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

Here Are 20 Crypto Assets With the ‘Best Chance’ of Rallying Based on Sentiment, According to Analytics Firm

Here Are 20 Crypto Assets With the ‘Best Chance’ of Rallying Based on Sentiment, According to Analytics Firm

Crypto analytics platform Santiment is naming 20 digital assets that may soon rally based upon one key metric. In a new thread on the social media platform X, the firm says 20 digital assets are standing out for the amount of negative public sentiment they are receiving on social media platforms, including decentralized oracle network […]

The post Here Are 20 Crypto Assets With the ‘Best Chance’ of Rallying Based on Sentiment, According to Analytics Firm appeared first on The Daily Hodl.

Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

Telegram to Support TON-Based NFT Gifts Later This Year

Telegram to Support TON-Based NFT Gifts Later This YearThe founder of Telegram has announced plans to support TON-based non-fungible token (NFT) gifts later this year. This new feature will allow users to convert limited-edition animated gifts into NFTs on the TON blockchain. These tokenized gifts can be displayed on user profiles or traded for Telegram’s in-app currency, Stars. Additionally, users will have the […]

Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum