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Telegram Crypto Wallet Stops Working for Some Users

Telegram Crypto Wallet Stops Working for Some Users

Telegram users report problems with crypto wallet

1:00

27.08.2024 07:24

There have been problems with the Telegram messenger’s cryptocurrency wallet, Gazety.Ru reports.

Users experience long loading times and then receive notifications about technical problems. Sometimes there are network connection errors. At the same time, the service reports that users’ funds are safe and the wallet will be restored soon.

On August 24, the founder of Telegram was arrested in France Pavel DurovFrench police said the businessman had been charged with failing to cooperate in cyber and financial crimes on his platform.

Following the arrest of Pavel Durov, the value of the Toncoin cryptocurrency, associated with the TON project, fell by almost 19%. By 16:05 Moscow time on August 26, the coin’s price had dropped to $5.57.

Clarifications

Telegram — a cross-platform instant messaging system (messenger) with functions for exchanging text, voice and video messages, as well as stickers, photos and files of many formats. It also allows you to make audio and video calls, organize live broadcasts in channels and groups, organize conferences, multi-user groups and channels.

Cryptocurrency — a type of digital currency, the accounting of internal units of account of which is provided by a decentralized payment system (there is no internal or external administrator or any analogue of it), operating in a fully automatic mode.

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