TON

Amid the ongoing growth in 2024, The Open Network (TON), linked to Telegram, is facing a surge in phishing attacks. Security experts have warned that the platform’s open nature and the popularity of certain features create vulnerabilities that scammers exploit. The Open Network, TON, blockchain platform linked to messaging giant Telegram, is experiencing a significant surge in phishing activities.  This rapid increase in hoaxes comes amid the platform’s rapid growth in 2024.  Yu Xian, founder of blockchain security firm SlowMist,…

The Bitcoin (BTC) price had rebounded above the $62,000 mark. However, traders are unsure if the cryptocurrency’s downturn is over. BTC is currently trading at $61,773. BTC hit a six-week low on Monday, dropping as low as $58,474 before buyers propped the price to $60.330. Analysts Predict Drop To $50,000 Some Bitcoin analysts have predicted the cryptocurrency could drop to $50,000. According to Markus Thielen, founder of 10x Research, Bitcoin appears to be following a double-top pattern and is currently…

Despite the broader cryptocurrency market experiencing fluctuations and challenges, TON (The Open Network) has demonstrated remarkable resilience. Holding steady in the face of varying market sentiments, TON’s price stability has attracted attention from investors and analysts alike.  This resilience raises a critical question, can TON maintain its strength and continue to thrive as the market potentially enters a tougher phase, often referred to as the crypto winter? TON’s price was trading at around $7.56 and was up by 4.03% with…

The Bitcoin (BTC) price fell as low as $58,474 on Monday as it shuttled between its support and resistance levels. BTC has been gradually falling towards its support level after failing to break past resistance. Whether sellers can push BTC below its support level and completely take control of the market remains to be seen. BTC Whales Cautious Bitcoin whales have become a cautious lot since the asset slipped below its support level on Friday (June 21). Data from Santiment…

Toncoin’s daily transfer volume has reached $10 billion, equating to 10% of Bitcoin’s volume. The number of TON token holders has grown tenfold to 32 million in a year, driven by its integration with Telegram. The Open Network’s (TON) daily transfer volume has surged to an impressive $10 billion, as on-chain analysis firm CryptoQuant reported on June 20. This significant achievement places TON at 10% of Bitcoin’s trading volume, underscoring the rapid growth and increasing adoption of Toncoin (TON). According…

The post Telegram’s TON Ecosystem Faces Increased Phishing Threats appeared first on Coinpedia Fintech News SlowMist has raised caution about the increasing phishing threats within Telegram’s TON ecosystem. Founder Yu Xian identified the root cause as vulnerabilities in the platform’s openness, which allows for scams via message groups and airdrops. Users with anonymous numbers are especially vulnerable, potentially losing funds and Telegram accounts. Although TON has rapidly grown over 2024, with a 4,500% increase in Total Value Locked (TVL) to…

Bitcoin (BTC) has registered a considerable decline over the past couple of weeks, dropping from $71,119 to its current price level of $62,356. Over the past week, the asset has fallen by nearly 6%. According to analysts, the cryptocurrency is gradually dropping toward its support level. They urged traders not to fall prey to factors such as boredom or mini pumps and dumps.  Bitcoin (BTC) Price Analysis Bitcoin has been on a downward trajectory since June 6, after its price…

TON’s transaction volume reaches $10 billion daily, highlighting its growing popularity and impressive growth. TON token holders increase from 2.9 million to 32 million, showcasing exponential growth. Although the general crypto market is still down, there has been a tremendous upsurge in the Open Network (TON) native token. As of right now, TON is trading for about $7.59, up 5.95% over the last 24 hours, according to CoinMarketCap data. The slow progress of most other cryptocurrencies contrasts sharply with this…

Binance Exchange has integrated Tether (USDT) on the TON network. As the protocol powers Toncoin, users now have another option to move the world’s largest stablecoin. Popular crypto exchange Binance has continued on its mission to expand multi-chain functionality with a recent Tether (USDT) integration on the TON Network. This move opens the door for crypto enthusiasts to leverage the advantages of both platforms. USDT to See Enhanced Utility on TON Network  The integration allows seamless movement of USDT through…