Telegram launches crypto currency wallet.

[CryptSafe]

Congratulations to telegram for launching their own crypto wallet. It has long been on the news and limelight of telegram running their own TON network for quite some years now and at last they achieved it. With their large traffic size of over 800 million users on monthly basis I think this would give them a good edge and stand on Crypto market as they already have a good utility value coupled with the fact that they just launched their own Crypto wallet.

I further had to do some research and records findings of past occurrences and experience with telegram and it became pertinent that I ask these questions. I believe each telegram account holder would definitely have to create his or her own wallet possibly after an upgrade to update such features into the app. So far there have been a lot of nefarious act been done on telegram such as account cloning, account hacking and lots more and I ask what if in a situation where by one's account telegram account is hacked does that automatically grants the hacker access to the wallet? Because I believe the wallet is already built with that telegram account  irrespective of the fact that there is private key or phrase. Another question I have is this what if in the case of banning or blocking a telegram account, would the telegram team also block the wallet of the owner as well? I have to ask this because I became curious about this when I started doing my research into it. Another question I also have is this would the telegram wallet be some sorts of attached or linked to telegram username or ID of every telegram account holder?

I believe we can discuss this here to knowing more and sharing ideas about this unfolding development because telegram itself has a huge number of Crypto enthusiast and I tell you there would definitely be lots of activities and engagements on telegram in the days coming and this would definitely increase lots of telegram scams and hacks which would warrant telegram account holders to strengthen their telegram security features.
Your ideas are welcomed for further discussions.

SOURCE

[Churchillvv]

Congratulations to telegram for launching their own crypto wallet. It has long been on the news and limelight of telegram running their own TON network for quite some years now and at last they achieved it. With their large traffic size of over 800 million users on monthly basis I think this would give them a good edge and stand on Crypto market as they already have a good utility value coupled with the fact that they just launched their own Crypto wallet.

I further had to do some research and records findings of past occurrences and experience with telegram and it became pertinent that I ask this question. I believe each telegram account holder would definitely have to create his or her own wallet possibly after an upgrade to update such features into the app. So far there have been a lot of nefarious act been don on telegram such as account cloning, account hacking and lots more and I ask what if in a situation where by one's account telegram account is hacked does that automatically grants the hacker access to the wallet? Because I believe the wallet is already built with that telegram account  irrespective of the fact that there is private key or phrase. Another question I have is this what if in the case of banning or blocking a telegram account, would the telegram team also block the wallet of the owner as well? I have to ask this because I became curious about this when I started doing my research into it. Another question I also have is this would the telegram wallet be some sorts of attached or linked to telegram username or ID of every telegram account holder?

I believe we can discuss this here to knowing more and sharing ideas about this unfolding development because telegram itself has a huge number of Crypto enthusiast and I tell you there would definitely be lots of activities and engagements on telegram in the days coming and this would definitely increase lots of telegram scams and hacks which would warrant telegram account holders to strengthen their telegram security features.
Your ideas are welcomed for further discussions.

SOURCE

I read through the thread and also the article but couldn't find a place where Bitcoin in particular was discussed or how it can benefit bitcoiners or Bitcoin itself. but your curiosity is what I really appreciate it is almost all I wanted to ask about the telegram wallet. The image above is as a result of trying to find relationship between bitcoin discussion and the thread reading what is on the section description, to me it doesn't connect but if am wrong you can correct me.
Still on the telegram wallet I believe it will work as telegram future it to be because most conversation in this forum is done on telegram. Cryptocurrencies activities are most done using telegram. Adding to that I would love to have asked a question; like will telegram become decentralized? because anonymity is what we preach and some more questions but I will reserve the question for now.

[BlackBoss_]

Telegram is not a first company that develop and launch their cryptocurrency wallet. Many cryptocurrency wallet companies there and if they have coins or tokens, not all of them get good interest from Bitcoin or cryptocurrency investors.

If I have Bitcoin to choose, I don't pick TON because Telegram made their cryptocurrency wallet and provides it to cryptocurrency communities.

[_act_]

This is not about bitcoin but about an altcoin called TON:

The wallet’s debut occurred at the ongoing Token2049 event held in Singapore, where Telegram and TON Foundation jointly announced the new self-custodial wallet, called TON Space, which boasts more than 10,000 attendees.

Is the wallet going to support bitcoin?

Will the wallet be on a separate app which is not telegram or it would be on Telegram?

[Husires]

Companies use 12 words to encrypt account data and be able to change the password, and some of them are based on the same encryption structure as Bitcoin. these companies will integrate the ability to create public addresses for the accounts so that you receive money and you can spend it from any phone by downloading the application and inserting the twelve words, where you will be able to access your account and perhaps even After verifying the identity, access to the private key. I was amazed by Telegram and maybe we will see how the currency will perform in the next few weeks.

[Doan9269]

Congratulations to telegram for launching their own crypto wallet. It has long been on the news and limelight of telegram running their own TON network for quite some years now and at last they achieved it. With their large traffic size of over 800 million users on monthly basis I think this would give them a good edge and stand on Crypto market as they already have a good utility value coupled with the fact that they just launched their own Crypto wallet.

I will first congratulate telegram and it's users for this new offer, but yet am not going to say it's a big catch for the bitcoin network considering that we are not sure of the coins this wallet could support, which i believe it's obviously not going to be all cryptocurrencies, even though there's no how they will start with the enlistment of supported currencies without mentioning bitcoin on their list, however using this wallet as a bitcoiner is not encouraged enough because it's no difference from an online wallet.

Secondly if we consider the rate at which telegram itself get hacked and leak user data, having a wallet with them is neither safe because if the user's contact number is attacked, it renders the wallet on that account being compromised as well, all these are nothing different from using a centralized exchange and has same level of risk which is not good enough for security and privacy.

[letteredhub]

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I further had to do some research and records findings of past occurrences and experience with telegram and it became pertinent that I ask this question. I believe each telegram account holder would definitely have to create his or her own wallet possibly after an upgrade to update such features into the app. So far there have been a lot of nefarious act been don on telegram such as account cloning, account hacking and lots more and I ask what if in a situation where by one's account telegram account is hacked does that automatically grants the hacker access to the wallet? Because I believe the wallet is already built with that telegram account  irrespective of the fact that there is private key or phrase.

As I was reading this post what came into my mind was the Vitalik account hack on X.  So OP your question eventually answered your query. Yes! With just a clone of the account it's an automatic access to the havker into the account wallet. Mind you it was just a clone on Vitalik sim number that's how the hackers got access.

I believe we can discuss this here to knowing more and sharing ideas about this unfolding development because telegram itself has a huge number of Crypto enthusiast and I tell you there would definitely be lots of activities and engagements on telegram in the days coming and this would definitely increase lots of telegram scams and hacks which would warrant telegram account holders to strengthen their telegram security features.
Your ideas are welcomed for further discussions.

I can't find reasons to creates more and more wallets for myself right now and if I wanna create one it wouldn't be a telegram wallet. If scammers and hackers have usually had it easy hacking and cloning telegram users accounts of what difference will the security make now that a money wallet has been attached . I think telegram hacker might be throwing an in house party right now over this development.

[CryptSafe]

Congratulations to telegram for launching their own crypto wallet. It has long been on the news and limelight of telegram running their own TON network for quite some years now and at last they achieved it. With their large traffic size of over 800 million users on monthly basis I think this would give them a good edge and stand on Crypto market as they already have a good utility value coupled with the fact that they just launched their own Crypto wallet.

I will first congratulate telegram and it's users for this new offer, but yet am not going to say it's a big catch for the bitcoin network considering that we are not sure of the coins thiw wallet could support, which i believe it's obviously not going to be all cryptocurrencies, even though there's no how they will start with the enlistment of supported currencies without mentioning bitcoin on their list, however using this wallet as a bitcoiner is not encouraged enough because it's no difference from an online wallet.

Secondly if we consider the rate at which telegram itself get hacked and leak user data, having a wallet with them is neither safe because if the user's contact number is attacked, it renders the wallet on that account being compromised as well, all these are nothing different from using a centralized exchange and has same level of risk which is not good enough for security and privacy.

From the looks, I strongly believe Bitcoin would be included because of the large followership they  already have. Their members are so voluminous that possibly over 80 percent of them are bitcoiners so definitely Bitcoin would be put into consideration and come to talk of it, is there any wallet that launches without including Bitcoin to their wallet address option or do they want to use the wallet themselves?.

I was wondering how safe it would be hence me bringing it here for discussion. So far the telegram platform is very porous and scammers carry out their nefarious act there which makes it not too conducive for most discussions and now Crypto wallet is about to take shape their with one storing or saving his or her assets there. What are the possibility that one can securely safe their assets there without having any issues of scam or hack through telegram hack?

[Rruchi man]

Is the wallet going to support bitcoin?

If they want to record good success, they have to support BTC.

Will the wallet be on a separate app which is not telegram or it would be on Telegram?

If they decide to integrate the wallet into their telegram app, they will not be the first to be doing it, Mixin messenger has a wallet in it. But for telegram where there are already many scammers taking advantage of the app, a wallet in the application will help them. The best choice should be a wallet separate from the app that supports btc.

[Wapfika]

Congratulations to telegram for launching their own crypto wallet. It has long been on the news and limelight of telegram running their own TON network for quite some years now and at last they achieved it. With their large traffic size of over 800 million users on monthly basis I think this would give them a good edge and stand on Crypto market as they already have a good utility value coupled with the fact that they just launched their own Crypto wallet.

What wallet is this because telegram has a lot of wallet available on their blockchain since they have their own Blockchain called TON. I’m using Tonkeeper wallet long time ago to hold my tokens native to TON. I’m not what this kind of wallet but there’s a lot of wallet on TON network which is by telegram team.


I made a few research and I believe the article is misleading. A branch on telegram network called Wallet recently announced to develop their own non custodial wallet on the network. You can find the project link here: http://wallet.tg/ton

[Doan9269]

From the looks, I strongly believe Bitcoin would be included because of the large followership they  already have. Their members are so voluminous that possibly over 80 percent of them are bitcoiners so definitely Bitcoin would be put into consideration and come to talk of it, is there any wallet that launches without including Bitcoin to their wallet address option or do they want to use the wallet themselves?.

Almost every wallet launched has it own tokens and alao supported bitcoin, now in their own case they are not being specific to us on which coin is their wallet going to support, is it bitcoin only, altcoins only or both, also we can see that many of these kind of project always aim at introducing their own centralized account other people refer to as centralized wallet, because they are introducing their own coin it will support, maybe it may support orher coins as well or not we cannot tell, remember we have bitcoin only and altcoins only supported wallets.

I was wondering how safe it would be hence me bringing it here for discussion. So far the telegram platform is very porous and scammers carry out their nefarious act there which makes it not too conducive for most discussions and now Crypto wallet is about to take shape their with one storing or saving his or her assets there. What are the possibility that one can securely safe their assets there without having any issues of scam or hack through telegram hack?

Honestly there's nothing safe in anything that is coming from a centralized authority, this makes no difference from using an exchange as I've earlier said, not your keys not your coins, you will be surprised the way they will deal with their users with censorship after some time, telegram is off the game, just as I can't accept an offer from business to introduce me their Binance wallets and they are telling me it's non custodial.

[X-ray]

I further had to do some research and records findings of past occurrences and experience with telegram and it became pertinent that I ask these questions. I believe each telegram account holder would definitely have to create his or her own wallet possibly after an upgrade to update such features into the app. So far there have been a lot of nefarious act been done on telegram such as account cloning, account hacking and lots more and I ask what if in a situation where by one's account telegram account is hacked does that automatically grants the hacker access to the wallet?

I have been using ton wallet in telegram to claim my airdrop and i got stick when i was interacting with the bots. It seems like that all the problems are already solved since i have been able to claiming it easily. It takes only a few seconds for the transfer to be deliverd from telegram built in wallet for TON.
When an account has been hacked and the wallet will be lost. It's caused by telegram has not yet implemented protection for its wallet before but this time is quite different as telegram already put an option to add password when you are willing to log in into your wallet.
You need to have your phone number + password to log in. This is much safer.

Because I believe the wallet is already built with that telegram account  irrespective of the fact that there is private key or phrase. Another question I have is this what if in the case of banning or blocking a telegram account, would the telegram team also block the wallet of the owner as well?

[/quote]In case, the telegram user wasviolating the rules and i think the wallet will be banned as well.

[zasad@]

Read this topic
https://bitcointalk.org/index.php?topic=5465881.0
If this is a custodial wallet, then the company will comply with all FATF regulations, so there will be no control over your funds.
It is better to use any decentralized cryptocurrency wallet because it is safer.

[danherbias07]

So finally they have done it.
But I'd still prefer increasing their security first and filtering those scammers out there that had been targetting a lot of newbies in both Telegram and cryptocurrencies. Because it's not new to us that Telegram has been one of the go-to applications for ICO products and other start-up cryptocurrency projects. I have seen so many types of scams in that application and some of them are really inviting but thankfully I've had some bad experiences where I already learned my lessons.
Anyway, congratulations to them and I wish this is not the end of the line. They should now think of tightening their security because they now have a wallet feature.

[el kaka22]

To be fair I wouldn't trust this centralized wallet, feels like decentralized but it is still centralized in server space. It is really not smart to go with it. Maybe I need to learn more about it, maybe it is going to be fine, but it is just not going to be fine for a long time.

It feels like the NFT space basically, it says you own it, but if the server goes down, your image will not show up, and that is why it will not be truly yours, not really at least. This is that sort of thing but maybe I did not get it and maybe I am wrong and it will do a lot better. I could be proven wrong, but until I am, I am not going to end up using it, it is going to take a while to do that before I change my mind and start using it.

[blockman]

I have to look at my Telegram account to see if there's a wallet option but I haven't seen one. It may take time until most users will have to use its newly added features for crypto wallet. While there are mixed reactions about this wallet, we're all free to our own opinions and entitled to think what we think about it. What's worrying are of course for the newbies that they need to be careful with such.
They'll have to understand what a centralized and decentralized wallet means. So, if this Telegram's crypto wallet gives no custody to the users, it is not advisable for newbies to start with this wallet. Because it's better to use those traditional crypto wallets that we've known for them to get protected.

[milewilda]

This is not about bitcoin but about an altcoin called TON:

The wallet’s debut occurred at the ongoing Token2049 event held in Singapore, where Telegram and TON Foundation jointly announced the new self-custodial wallet, called TON Space, which boasts more than 10,000 attendees.

Is the wallet going to support bitcoin?

Will the wallet be on a separate app which is not telegram or it would be on Telegram?

Basing up on what i had tested out.


It would really be opening up a some window once you do hover on TON wallet site and there's a specific wallet made out for Telegram.
If it does accept Bitcoin? Yes, it does.



Good move for Telegram but they should had made this move long years ago. 

[vv181]

Telegram has developed a wallet since back then. It is exited that they finally moving forward with these developments announcements. I believe they could garner their existing user to try and maybe use that particular wallet bot/application. However, I do not set a high hope they could compete with the current popular Wallet like Metamask, and specifically a bitcoin-focused wallet such as Electrum, Sparrow, etc.

Is the wallet going to support bitcoin?

Will the wallet be on a separate app which is not telegram or it would be on Telegram?

Yes, it did.

I have tried it and it seems it is available directly on the Telegram app, I interact the wallet using the bot features.

[famososMuertos]

I don't know what the fuss is about, this has been around for a while and what happens, simply there is new version 3.0.
Then! most services of all kinds, websites, and social networks as important as Telegram are integrating their services with cryptocurrency wallets.

The procedure is always the same, if it is extremely necessary to use a wallet on Telegram, do so and apply everything that is always said about this type of wallet, the rules or security commandments to follow do not change in any way, we no longer trust a service or another for the simple fact of being popular.

Now it is Telegram but if another recognized Brand did it, you should only consider its use or simply ignore it and use the wallet or HW that are recommended.

Adding wallets to services is not a new technique to marketing, this happened (happens) with e-wallets. 

Fortunately with cryptocurrencies we can use decentralized ones, it's just that the marketing game and the laziness of users make them trust a brand of products that is in the very essence of what the service means.

[o48o]

I don't see this as big news, but it could be worth time to stock some TONcoin. It's been reacting slowly to the news. I am assuming that the community has heard rumors about this for a while now and they are stocked up, so depending how many media sites this will reach, others might buy it too. Like me.