Telegram to build non-custodial wallets and decentralized exchanges, says CEO Pavel Durov

1 year ago

Pavel Durov, the laminitis of Telegram, announced that the institution would motorboat a scope of decentralized cryptocurrency products, including a decentralized speech (DEX) and a non-custodial wallet. 

Telegram's adjacent measurement is to physique a acceptable of decentralized tools, including non-custodial wallets and decentralized exchanges for millions of radical to securely commercialized and store cryptocurrencies. This mode we tin hole the wrongs caused by the existent excessive centralization.

— Pavel Durov (@durov) November 30, 2022

The CEO  made the announcement connected Wednesday via his Telegram channel amid the ongoing situation pursuing the illness of the crypto speech FTX. 

“The blockchain manufacture was built connected the committedness of decentralization, but ended up being concentrated successful the hands of a fewer who began to maltreatment their power, ” Pavel said.

More details to follow.

The station Telegram to physique non-custodial wallets and decentralized exchanges, says CEO Pavel Durov appeared archetypal connected CryptoSlate.

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