Warning: Surge in TON Ecosystem Phishing Threats Targets Telegram Users – Stay Informed

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Slowmist firm warned people, noted noticeable surge in TON phishing attacks on Telegram users’ Wallets and Accounts.

The TON blockchain offers fast and scalable transactions for decentralised applications (dApps) and digital assets. It integrates advanced features like smart contracts and promises enhanced security and efficiency in blockchain operations. Initially developed by Telegram’s blockchain developers, the project faced legal issues leading Telegram to step away. Subsequently, an independent team took over development, with Telegram providing direct support through its app.

On 24 June 2024, Slowmist co-founder said that the phishing activities within the TON ecosystem have increased significantly. 

He explained that due to the highly open nature of the Telegram ecosystem, numerous phishing links (or bots) are spreading through message groups. These schemes often employ airdrops and other bait tactics to lure users, ultimately compromising the assets in their TON wallets, including NFTs. 

A particular target has been Anonymous Telegram Numbers, which are similar to phone numbers and commonly used for creating Telegram accounts. If these numbers are stolen, the corresponding Telegram accounts might be lost unless the users have enabled Two-Step Verification.

So, Slowmist co-founder suggested Telegram crypto users to enable two-step verification, to prohibit phishing attacks. 

Phishing methods in this context are largely similar, so users need to exercise caution and vigilance.

Ton price action 

The current trade price of Ton coin is $7.2 & this trade price is 4% down over the last 24 hours. 

Warning: Surge in TON Ecosystem Phishing Threats Targets Telegram Users – Stay Informed 1

As of March 2024, Telegram has more than 900 million monthly active users, which contributed significantly to the rapid growth of TON blockchain’s market capitalization since its inception.

Prior to the integration of TON blockchain into the Telegram messaging app, a large community of crypto projects and users was already active there. Following the Telegram’s support for TON blockchain, it experienced rapid adoption and increased demand for its decentralized applications (dApps) and digital assets in a very short time.

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