TON ecosystem scams on the rise: How to stay safe
As the TON blockchain is open-source and permissionless, individual users and projects must be careful to ensure their own safety.
The Open Network (TON), a blockchain platform integrated with Telegram, has experienced record-breaking growth in 2024. The number of onchain-activated wallets surged from approximately 1 million in January to over 9 million in June.
However, TON’s massive inflow of new users has not been overlooked by scammers. In June 2024, blockchain security firm SlowMist issued a warning on increasing phishing attacks on the TON ecosystem.
As the TON Foundation ambitiously expects to onboard 500 million users by 2028, it raises the question of how to properly protect users from attacks of all possible vectors without hindering rapid adoption.
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Author: Helen Partz
