Warning: Phishing Attacks on The Open Network Ecosystem
As network activity and the TON token price surge, phishing attacks in The Open Network ecosystem are on the rise, targeting unassuming users through deceptive methods like fake airdrops.
Telegram Users Vulnerable to Phishing
Founder of SlowMist, Yu Xian, issued a caution about malicious activities spreading through group chats, where attackers use fake airdrops to hack TON wallets and steal assets, including NFTs.
- Anonymous Telegram numbers, resembling phone numbers, are widely used for creating accounts without a SIM card, increasing the risk of phishing attacks.
- Users of these accounts are vulnerable to phishing attacks, jeopardizing their Telegram accounts unless they have set up additional security measures.
Remarkable Growth in The Open Network Ecosystem
The Open Network has experienced substantial growth and activity with daily transfer volumes reaching 10% of Bitcoinโs figures. Last week, TON’s daily transfer volume ranged between $5 billion and $10 billion, showcasing growth.
- Key developments contributing to this surge include an advertising system on Telegram distributing half of the revenue to channel owners in TON cryptocurrency.
- The launch of The Open League program in April incentivizes and rewards community involvement, further driving growth within the TON ecosystem.
- DeFiLlama data revealed TON’s total value locked (TVL) nearing $650 million, a 7% increase in a week and a remarkable 4,540% surge since the start of 2024.
Closing Thoughts on The Open Network’s Growth
As The Open Network ecosystem continues its unprecedented growth in 2024, the community must remain vigilant against phishing attacks targeting unsuspecting users. With innovative developments driving increased activity and adoption, TON’s future looks promising, securing its position as a leading player in the crypto space.
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