Menu Laterale Completo
🇮🇹 ITA 🇬🇧 ENG
× 📱 DOWNLOAD APP OUR SERVICE

🟠TON PLATFORM FACES CYBERSECURITY CHALLENGES

🟠TON PLATFORM FACES CYBERSECURITY CHALLENGES

Day: 10 | Time: 16:45:44 The TON blockchain, connected to the messaging app Telegram, has seen significant growth this year, with a notable increase in active users. Starting with about one million wallets at the beginning of the year, the platform has expanded to host over nine million by June. However, this rapid growth of users and activity on the TON platform has attracted the attention of cybercriminals. In June 2024, there was a significant increase in phishing activities targeting TON blockchain users, according to a report by blockchain security company SlowMist. These attacks are part of a broader trend affecting many blockchain platforms, where rapid growth often leads to increased vulnerabilities. The responsibility for safeguarding transactions on TON lies not with Telegram, but with the users and developers of the various mini-applications operating on the platform. Stepan Chekhovskoi, a prominent auditor at Hacken, highlighted the rise of mini-apps like Notcoin and Hamster Kombat, which do not always follow strict security protocols, thus putting users' funds at risk. He emphasized that while Telegram maintains the overall security of the platform, this does not extend to third-party applications developed on it. A spokesperson for the TON Foundation highlighted the independent efforts of some developers to implement robust security measures in their apps. For example, Tonkeeper, a popular wallet on TON, has introduced features that help users verify the authenticity of non-fungible tokens (NFTs) sent to them. Furthermore, according to Hacken's Chekhovskoi, Telegram's mini-apps handle private keys in a similar way to custodial and non-custodial cryptographic wallets. He noted that while custodial apps require rigorous user identification methods, such as passwords and two-factor authentication, self-managed apps must ensure strong encryption of private keys. The decentralized nature of the TON ecosystem makes it an attractive target for scams. Users are urged to be vigilant and cautious, especially with apps developed by lesser-known entities. Steve Milton, co-founder of the cryptocurrency wallet Fintopio, suggests checking verification marks on apps to ensure their authenticity and reliability, as verified projects like his have committed to transparency and security. The rise of scams on platforms like TON highlights that there is no easy solution to ensuring the security of a decentralized network. Both developers and users must diligently work to protect their assets and personal information in an environment that is inherently open but risky.

TON blockchain
Telegram
TON Foundation