Bangkok, Thailand, November 12th, 2024, Chainwire Bringing Onchain Micro-Loans to Millions through Identity-Backed Access on Telegram Magnify Cash, a leader in onchain lending, has launched MAGBot, the world’s first Telegram-based micro-lending bot, establishing a new paradigm for onchain, identity-backed lending. MAGBot is built on top of the Magnify Cash V1 smart contracts, which automate the lending