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#Jelajahcoin - Telegram recently released a self-custodial wallet on the The Open Network (TON) blockchain. However, this development has sparked controversy.
After the launch, CertiK, a leading #blockchain security company, issued a warning about the use of Telegram bot tokens.
On September 13, Certik released a warning message on social media, advising cryptocurrency fans to be careful when dealing with Telegram bot tokens.
Certik's report highlights worrying findings. “Our analysis revealed that more than 40% of Telegram bot tokens have the potential to be exit scams,” Certik warned.
This warning comes amid growing excitement in the #crypto space regarding the potential of #Telegram 's new self-custodial wallet
These tokens, which connect to decentralized exchanges and carry out transactions based on predefined rules.
And it has become increasingly popular since July 20, with profits exceeding 1,000%. Certik attributes the emergence of Telegram bot tokens to UNIBOT's initial success.
On the day of its listing, UNIBOT's price skyrocketed nearly 1,300%, reaching an all-time high of $90.
The token price currently stands at $76, according to CoinGecko data. UNIBOT's impressive performance has increased overall interest and demand for the asset.
Telegram Self-Custodial Wallet
The recent launch of Telegram's self-custodial wallet on the TON network has attracted a lot of attention. This wallet offers a user-friendly interface and additional features.
Features include easy top-ups with bank cards, preferred currency options, and easy purchasing and trading of cryptocurrencies.
Powered by the TON blockchain, known for its fast transactions and support for decentralized applications (dApps), the wallet guarantees a seamless user experience.
One standout feature is TON Space, which allows users to send and receive crypto, manage Telegram usernames, and handle DNS-related tasks.
Additionally, this wallet includes a P2P marketplace for easy trading between crypto and fiat currencies.
By integrating this wallet, the TON Foundation aims to bring approximately 30% of active users to the TON blockchain in the next 3-5 years.
This initiative supports TON's broader vision to promote widespread adoption of #Web3 technology.