Value

April

when

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/telegram-open-network-faces-increased-phishing-attacks-during-growth/" data-wpel-link="internal">Telegram Open Network Faces Increased Phishing Attacks During Growth</a><br></p>
<p style="text-align: justify">Telegram Open Network (TON) ecosystem experienced a significant increase in phishing attacks during a 4,500% growth in Total Value Locked (TVL) in 2024. These attacks primarily targeted accounts created using anonymous Telegram numbers, which are particularly vulnerable to such threats. Increased network activity and the <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">price</a> rise of TON, the ecosystem’s native token, made it an attractive target for cybercriminals.</p> 
<h2 style="text-align: justify" id="methods-used-by-attackers">Methods Used by Attackers</h2> 
<p style="text-align: justify">Phishing tactics used by attackers included luring users with airdrops and other deceptive methods. After gaining access to users’ TON wallets, they could steal assets, including NFTs.</p> 
<p style="text-align: justify">Yu Xian, founder of blockchain security firm SlowMist, highlighted that these attacks primarily spread through group chats on Telegram. The expansion of Telegram’s login options to include anonymous numbers without requiring SIM cards in late 2022 increased the risk for these account users.</p> 
<p style="text-align: justify">This method, based on blockchain <a href="https://newslinker.co" target="_blank" rel="noopener" data-wpel-link="exclude">technology</a>, makes the platform more accessible but exposes users to higher risks.</p> 
<h2 style="text-align: justify" id="increased-risk-scenarios">Increased Risk Scenarios</h2> 
<p style="text-align: justify">The risk increases if users do not enable additional security measures like separate passwords or two-factor authentication. In a phishing attack, not only is the user’s TON wallet compromised, but the associated Telegram account can also be lost.</p> 
<p style="text-align: justify">Despite these security issues, the TON ecosystem has seen significant growth this year. The decentralized Layer-1 Blockchain experienced an increase in daily transfer volumes, recently reaching 10% of <a href="https://en.coin-turk.com/what-will-fed-decide-analysts-predictions-on-china-xrp-and-pepe-cryptos-by-qcp-capital/" data-wpel-link="internal">Bitcoin</a>‘s daily transfer figures. For context, Bitcoin’s average daily transfer volume is around $50 billion, while TON’s daily transfer volume has fluctuated between $5 billion and $10 billion in recent weeks.</p> 
<h2 style="text-align: justify" id="developments-contributing-to-the-increase">Developments Contributing to the Increase</h2> 
<p style="text-align: justify">Several key developments contributed to this increased activity. On Telegram, an advertising system aimed at distributing half of the revenue earned by channels directly to their owners in TON cryptocurrency was a significant driving force. Additionally, the launch of The Open League program in April introduced a long-term incentive structure designed to engage and reward stakeholders within the TON community.</p> 
<p><img loading="lazy" loading="lazy" decoding="async" class="alignnone wp-image-366415 size-full" src="https://coin-turk.com/wp-content/uploads/2024/06/ton-3.png" alt="" width="1865" height="845"></p> 
<p>&nbsp;</p> 
<p style="text-align: justify">Further emphasizing the ecosystem’s growth, recent data from DeFiLlama revealed that TON’s TVL rose to approximately $650 million, representing an almost 7% increase in just one week. This significant rise also marks an over 4,540% increase since the beginning of 2024, when TVL was close to $14 million.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/telegram-open-network-faces-increased-phishing-attacks-during-growth/" data-wpel-link="internal">Telegram Open Network Faces Increased Phishing Attacks During Growth</a></h5>

Telegram Open Network Faces Increased Phishing Attacks During Growth

Mục lục

COINTURK NEWS

Các bài viết khác được xuất bản trên 29 thg 6, 2024

Can FLOKI Bounce Back? Analyst Predicts New Highs

India Wins ICC T20 Cricket World Cup 2024

XRP Price: First Stop $5 And Second Stop $11 If BTC And ETH Skyrocket

Fetch.ai Founder Reassures Users Amid Merger with SingularityNET and Ocean Protocol

Major Developments in Bitcoin and Cryptocurrencies, Ripple’s Chief Legal Officer Makes a Statement

Top Five Crypto Losers Today: FET, AGIX, PENDLE, QNT, And NOT

Tham gia bản tin miễn phí của chúng tôi để cập nhật tin tức về tiền điện tử hàng ngày!