{"id":70818,"date":"2022-11-30T18:57:54","date_gmt":"2022-11-30T16:57:54","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=70818"},"modified":"2025-09-08T04:26:07","modified_gmt":"2025-09-08T01:26:07","slug":"pavel-durov-unveils-non-custodial-wallet-and-dex-from-telegram-team","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/pavel-durov-unveils-non-custodial-wallet-and-dex-from-telegram-team\/","title":{"rendered":"Pavel Durov unveils non-custodial wallet and DEX from Telegram team"},"content":{"rendered":"<p>The Telegram team will work on developing non-custodial wallets and decentralized applications, including <span data-descr=\"decentralized exchange\" class=\"old_tooltip\">DEX<\/span>. The founder of the messenger, Pavel Durov, <a href=\"https:\/\/t.me\/durov\/202\" title=\"\">said<\/a>.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;The blockchain industry is built on the prospect of decentralization, but in the end the power ended up concentrated in the hands of a few people who began to abuse it. As a result, many people lost money when FTX went bankrupt,&#8221; he wrote.<\/p>\n<\/blockquote>\n<p>In Durov&#8217;s view, industry projects should &#8220;return to the roots&#8221; \u2014 move to [trustless transactions] and non-custodial wallets.<\/p>\n<p>The founder of Telegram noted the marketplace Fragment, <a href=\"https:\/\/u1f987.com\/en\/news\/telegram-team-launches-fragment-platform-to-sell-usernames\">launched<\/a> in October 2022. He said that a five-person team (including Durov himself) worked for five weeks on the platform for selling usernames.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;Fragment has achieved tremendous success: in less than a month, identifiers worth $50 million were sold on it. This week the project is moving beyond usernames,&#8221; he added.<\/p>\n<\/blockquote>\n<p>In conclusion, Durov stated that the Telegram team intends to create a &#8220;suite of decentralized tools, including non-custodial wallets and decentralized exchanges&#8221; on the TON blockchain.<\/p>\n<p>According to him, the initiative will allow users to securely store cryptocurrencies and use them in trading operations.<\/p>\n<p>On November 2, Fragment <a href=\"https:\/\/u1f987.com\/en\/news\/fragment-sells-telegrams-first-username-for-900000-ton\">sold the first Telegram username<\/a> for 900 000 TON (about $1.4 million at the time of the deal).<\/p>\n<p>Read ForkLog\u2019s bitcoin news on our <a href=\"\/\/telegram.me\/forklog\" target=\"\u201c_blank\u201d\" rel=\"\u201cnofollow\u201d noopener\">Telegram<\/a> \u2014 cryptocurrency news, prices and analytics.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Telegram team will work on developing non-custodial wallets and decentralized applications, including DEX. This was stated by the messenger&#8217;s founder, Pavel Durov.<\/p>\n","protected":false},"author":1,"featured_media":70819,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1423,723],"class_list":["post-70818","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-pavel-durov","tag-telegram"],"aioseo_notices":[],"amp_enabled":true,"views":"17","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/70818","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=70818"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/70818\/revisions"}],"predecessor-version":[{"id":70820,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/70818\/revisions\/70820"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/70819"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=70818"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=70818"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=70818"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}