TON will become the only blockchain infrastructure for Telegram thanks to a new agreement between the messenger and the TON Foundation. Pavel Durov, the founder of Telegram, said that this would ensure the stable operation of the platform and increase protection against fraudsters. According to the agreements, all mini-applications using cryptocurrency are required to switch to TON by February 21, 2025. TON Connect will become an exclusive protocol for wallet integration. In addition, Telegram plans to develop new projects using TON, such as asset tokenization and the creation of NFT stickers. To simplify the transition of projects from other blockchains, the TON Foundation offers grants of up to $50,000, available to developers who have not previously received payments from the fund and will transfer their projects within 30 days. The centralization of blockchain activities in TON is probably related to the need to strengthen security. According to the data, since November 2024, the number of phishing attacks on crypto investors has increased by 2000%. This solution will allow the messenger to reduce the risks of fraud and establish uniform standards for cryptocurrency applications. At the moment, the Toncoin price is holding at around $5,147.
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