• Investing
  • Stock
Round Table Thoughts
  • Economy
  • Editor’s Pick
Home Investing SafePal wallet adds support for The Open Network (TON)
Investing

SafePal wallet adds support for The Open Network (TON)

by December 21, 2022
by December 21, 2022 0 comment
Share
0
FacebookTwitterPinterestWhatsapp

SafePal, which offers hardware wallets, software wallets, and browser extension wallet solutions and is currently used by more than seven million customers globally, has announced support for The Open Network (TON/USD).

According to the wallet developer, TON support is initially available through the hardware and software wallet options, with browser extension to be rolled out later.

SafePal partners The Open Network

Integration for the TON token follows a strategic partnership between SafePal and The Open Network, a blockchain project originally initiated by the messaging app Telegram. The project is currently an independent, open-source initiative run by the community after Telegram shelved it in May 2020 following a legal battle with US regulators.

SafePal’s support allows users to store and send the TON tokens as well as interact directly with decentralised applications (dApps). SafePal’s decentralised wallet solutions allow users to swap, and trade their crypto assets, as well as explore Web3 due to the wallets’ interconnectivity.

Apart from the wallet support, the two platforms’ partnership also comes with a TON grant aimed at supporting the blockchain project’s open-source development, including across security and interoperability.

Commenting on the wallet support and the need for open-source development, Justin Hyun, TON Foundation’s Head of Incubation, noted:

“We are happy to onboard SafePal as the first hardware solution on TON. Furthermore, we are excited about the prospects of SafePal and their journey to open-source, as this builds greater trust and resilience for the safekeeping of assets.”

$TON price surged amid SafePal news

The TON token surged on Wednesday after the news, with the digital asset’s price rising as high as $2.59 on major crypto exchanges. The more than 14% spike in TON price in the past 24 hours has seen the token’s price soar by 50% in the past two weeks.

TON’s upside is down to increased interest in blockchain, with projects like decentralised exchange STON.fi and @wallet service increasingly popular across the industry.

The post SafePal wallet adds support for The Open Network (TON) appeared first on Invezz.

You Might Also Like
  • Mastering the Art of Options Trading: Tips for Small Accounts
  • The Sell Put And Buy Call Strategy | A Synthetic Long Stock
  • Call And Put Backspreads Options Strategies
  • Amazon attempts to break below support, but Evercore thinks it’s a “Buffett buy” stock
Share
0
FacebookTwitterPinterestWhatsapp

previous post
Climate Conferences Fail on Deforestation
next post
Aptos startup Blocto eyes the next billion Web3 users via chain-agnostic wallet

You may also like

How to play the market after the U.S. monthly inflation...

January 12, 2023

Argo Blockchain shares jump 100%+ after Galaxy Digital deal

December 28, 2022

Why is Tesla dropping?

December 22, 2022

Out Of The Money (OTM) Options Explained

April 20, 2023

IAG share price recovery hit by turbulence: More upside?

December 6, 2022

Apple stock price forecast: Morgan Stanley sees a whopping 75%...

December 16, 2022

Yes, We Are Playing Not to Lose!

March 11, 2024

Glencore share price dived amid ESG concerns: buy the dip?

January 5, 2023

Will house prices fall as a recession threatens? A Report

January 16, 2023

Is Lululemon Athletica eyeing a Santa Claus rally to the...

December 7, 2022

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Breakouts, Momentum & Moving Averages: 10 Must-See Stock Charts Right Now

      May 31, 2025
    • Leadership Rotation Could Confirm Corrective Phase

      May 30, 2025
    • Run Your Stock Portfolio Like a Pro Sports Team

      May 30, 2025
    • U.S. foreign tax bill sends jitters across Wall Street

      May 30, 2025
    • Amazon taps Xbox co-founder to lead new team developing ‘breakthrough’ consumer products

      May 30, 2025

    Popular Posts

    • 1

      Trump-era China sanctions ended by Biden may be...

      June 27, 2024 2,765 views
    • 2

      Walz’s honeymoon with China gets fresh scrutiny as...

      August 9, 2024 2,472 views
    • 3

      Biden appointee played key role in recruiting Chinese...

      June 25, 2024 2,451 views
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful...

      July 10, 2024 2,432 views
    • 5

      Harris VP pick spent years promoting research facility...

      August 29, 2024 2,308 views

    Categories

    • Economy (7,009)
    • Editor's Pick (2,106)
    • Investing (538)
    • Stock (2,581)

    Popular Posts

    • 1

      Trump-era China sanctions ended by Biden may be revived under new House GOP bill

      June 27, 2024
    • 2

      Walz’s honeymoon with China gets fresh scrutiny as Harris camp blasts ‘lying’ critics

      August 9, 2024
    • 3

      Biden appointee played key role in recruiting Chinese businesses to Delaware: ‘Longtime friends’

      June 25, 2024
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful of Chinese spy threats

      July 10, 2024
    • 5

      Harris VP pick spent years promoting research facility that collaborated with ‘Chinese military company’

      August 29, 2024

    Latest News

    • Breakouts, Momentum & Moving Averages: 10 Must-See Stock Charts Right...

      May 31, 2025
    • Leadership Rotation Could Confirm Corrective Phase

      May 30, 2025
    • Run Your Stock Portfolio Like a Pro Sports Team

      May 30, 2025

    Categories

    • Economy (7,009)
    • Editor's Pick (2,106)
    • Investing (538)
    • Stock (2,581)

    Disclaimer: RoundTableThoughts.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 RoundTableThoughts.com. All Rights Reserved.

    Round Table Thoughts
    • Investing
    • Stock
    Round Table Thoughts
    • Economy
    • Editor’s Pick

    Read alsox

    Trading Earnings With Ratio Spread

    February 22, 2024

    Nikkei 225 price forecast for 2023...

    November 29, 2022

    2023 US economic outlook given the...

    December 28, 2022
    Sign In

    Keep me signed in until I sign out

    Forgot your password?

    Password Recovery

    A new password will be emailed to you.

    Have received a new password? Login here