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Blockchain safety platform Rip-off Sniffer has reported the shutdown of a pockets drainer working on The Open Community (TON) blockchain, citing the absence of large-scale members, also called “whales.”
In an Oct. 7 screenshot shared by Rip-off Sniffer, the pockets drainer revealed it was ending its operations as a result of TON “doesn’t have whales and stays a small group.”
SlowMist founder Yu Xian reacted to the information, suggesting the drainer’s evaluation is likely to be flawed or overly simplistic. He remarked:
“Too sensible. Or perhaps this gang isn’t good sufficient.”
Xian’s comment hints that the drainer crew could have misunderstood or underestimated the potential of the TON blockchain.
TON phishing
The TON blockchain has been one in all 2024’s main success tales. The community’s native token worth has surged by greater than 100% on the year-to-date metrics, pushing it into the highest 10 digital belongings by market capitalization.
The community’s success could be attributed to the recognition of video games like Hamster Kombat, which have boosted the platform’s utilization.
As well as, the community’s integration with the social messaging utility Telegram, which has greater than 900 million customers, additional positions TON as a possible driver of mass crypto adoption.
Nevertheless, earlier this yr, stories revealed that TON had turn into a rising goal for phishing assaults.
Apparently, safety agency BlockAid identified that attackers have employed multi-chain drainer kits beforehand used on Ethereum and Solana. Over 300 malicious decentralized apps (dApps) have been launched on TON in September alone, highlighting the escalating threats.
Goal Bitcoin customers
In the meantime, the unnamed pockets drainer urged customers to shift their consideration to Bitcoin, the flagship digital asset. Within the message, the hackers acknowledged that those that loved draining on TON would additionally discover concentrating on Bitcoin interesting.
CertiK, one other distinguished blockchain safety firm, not too long ago emphasised that malicious actors are more and more drawn to Bitcoin as a result of its excessive transaction volumes, massive consumer base, and substantial complete worth locked (TVL).
Phishing assaults on Bitcoin holders have risen sharply prior to now few months. One of the notable incidents concerned a $238 million assault on a Bitcoin whale, additional underscoring the mounting dangers within the house.
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