TON ecosystem flooded with phishing attacks, SlowMist warns

The founder of SlowMist has warned that the Telegram messenger ecosystem is “too free” for exploiters of the TON ecosystem.

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Telegram-linked blockchain platform, The Open Network (TON), is facing pressure from increasing phishing attacks on its ecosystem, a blockchain security expert has warned.

According to the founder of the blockchain security firm SlowMist, the TON ecosystem — which features various decentralized applications (DApps) and tokens based on the TON blockchain — has been increasingly targeted by phishing attackers amid its turbulent growth in 2024.

“There are more and more phishing activities in the TON ecosystem,” SlowMist founder Yu Xian wrote in an X post on June 23.

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