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Bitget Crypto Wallet and Foresight Ventures Commit $20M to Telegram Mini Apps Development

Telegram’s Mini Apps initiative has received a significant financial boost as Bitget Wallet and Foresight Ventures pledge $20 million (approximately Rs. 168 crore) to support its expansion. This funding aims to accelerate the integration of Web3 technologies within the popular messaging platform. According to reports from CoinTelegraph, as of July 2024, 500 million of Telegram’s 950 million global users actively engage with Mini Apps every month, highlighting the feature’s growing appeal and potential for further growth.

The investment will be used to enhance Telegram’s Mini Apps ecosystem, particularly in areas like Web3 gaming and in-app entertainment. By integrating cryptocurrency and NFT functionalities into these games, Telegram aims to deliver an enriched user experience that caters to its global user base. This move underscores the platform’s commitment to positioning itself at the forefront of Web3 innovation within the messaging app space.

Bitget Wallet is playing a key role in facilitating this expansion by offering its OmniConnect developer kit to Web3 app creators. Introduced in September 2024, OmniConnect allows developers to build games and services that seamlessly integrate Web3 technologies into Telegram’s interface. This collaboration is expected to encourage the creation of a diverse range of Mini Apps, further embedding blockchain technology into everyday user interactions on Telegram.

The funding aligns with Telegram’s broader vision of blending social connectivity with cutting-edge technological advancements. As the platform leverages this investment to grow its Mini Apps ecosystem, it could set a benchmark for how messaging platforms embrace decentralized technologies to create dynamic and engaging user experiences. With Mini Apps already drawing substantial engagement, the integration of Web3 elements may further solidify Telegram’s position as a leader in the tech-driven social media landscape.

Telegram Responds to Star Health India Data Leak, Says It Can’t Monitor All Chatbots

Messaging platform Telegram informed an Indian court that it cannot monitor all accounts on its platform for potential leaks, including those related to the Star Health India data breach. The platform acknowledged the situation but emphasized that its responsibility was limited to blocking content that is flagged to it, citing the difficulties of overseeing the vast number of accounts and bots hosted on the platform.

The data leak, first reported by Reuters on September 20, involved a hacker using Telegram’s chatbots and external websites to disseminate highly sensitive customer information, including biometric identification cards and medical claim documents. This breach has significantly impacted Star Health, India’s largest health insurer, sparking concerns about the security of personal health data and the role of platforms like Telegram in mitigating such risks.

In response to the incident, Star Health approached the Madras High Court last month, seeking a directive to Telegram to remove all bots associated with the data leak. The insurer argues that Telegram’s failure to adequately monitor and block these malicious bots contributed to the leak of confidential information, which has harmed the reputation and trust that customers place in the company’s services.

While Telegram has reiterated its commitment to user privacy and safety, the company highlighted the practical challenges of enforcing comprehensive oversight over every account and bot on its platform. With millions of users and a wide range of automated bots in operation, Telegram suggests that a more collaborative approach involving regulatory bodies and businesses is needed to prevent future incidents and protect user data more effectively.

Star Health Files Lawsuit Against Telegram After Data Leak from Hacked Chatbots

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