TON Blockchain with Pyth Network Improve Data Delivery
The Open Network (TON) has partnered with Pyth Network to improve data delivery for TON blockchain developers.
The partnership will combine Pyth's powerful oracle data feeds to help TON developers build new decentralized apps.
Pyth's pull oracle technology provides real-time, institutional-quality pricing data, essential for creating strong TON decentralized finance (DeFi) systems.
For instance, TON developers are protected by numerous levels.
In other Pyth ecosystems, developers may safely design DeFi solutions for millions of consumers.
The cooperation is likely to greatly influence the TON ecosystem
Pyth's lightning-fast transaction speeds and high-fidelity, real-time pricing data will enable TON initiatives to provide improved financial services.
Pyth's low-latency data will help TON recruit and onboard blockchain users.
This agreement follows TON's integration with onchain analytics and DeFi services provider IntoTheBlock (ITB).
This connection gives TON users free access to sophisticated analytical data, deepening their understanding of the blockchain ecosystem and increasing transparency and involvement.
Pyth has also worked with DeFi-focused businesses like Morpho and Gauntlet on Ethereum and Base blockchains to improve lending and borrowing.
Telegram Adds Digital Payments
In June, Telegram introduced “Telegram Stars,” a digital payment mechanism for in-app purchases.
Telegram's tiny applications have gained millions of users daily, prompting the change.
Hamster Kombat is a popular Telegram micro app.
This simulator game lets users purchase "upgrade cards" and complete tasks to earn more currency.
Hamster Kombat declared earlier this month that it had millions of followers and was Telegram's most popular channel.
Pixelverse, a Web3 Telegram-based game platform, raised $5.5 million recently.
The fundraising round included crypto and Web3 gaming leaders Delphi Ventures, Merit Circle, and Mechanism Capital.
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