PANews reported on November 30 that Telegram founder Pavel Durov had just said in a message in the app that the fully decentralized auction platform Fragment sold usernames worth $50 million in less than a month. This week, Fragment will expand beyond usernames. Telegram's next step is to build a set of decentralized tools, including non-custodial wallets and decentralized exchanges, for millions of people to safely trade and store cryptocurrencies. He also said that in light of the recent FTX incident, blockchain-based projects should return to their roots - decentralization.

Related reading: A quick look at Telegram’s username auction platform Fragment