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TON ecosystem flooded with phishing attacks, SlowMist warns

SlowMist, a prominent cybersecurity firm, has issued a warning about phishing attacks targeting users of TON (Telegram Open Network), highlighting significant risks associated with these malicious activities.

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SlowMist, a prominent cybersecurity firm, has issued a warning about phishing attacks targeting users of TON (Telegram Open Network), highlighting significant risks associated with these malicious activities.

The alert from SlowMist underscores the vulnerability of TON users to phishing scams, where attackers attempt to deceive individuals into revealing sensitive information such as private keys or login credentials. These attacks exploit trust and familiarity with the TON platform to trick users into unintentionally compromising their accounts and digital assets.

Phishing attacks targeting TON have reportedly increased in sophistication, posing a growing threat to the security of users’ funds and personal information. SlowMist urges vigilance among TON users, advising them to exercise caution when interacting with suspicious emails, messages, or websites claiming to be affiliated with TON or its associated projects.

The cybersecurity firm emphasizes the importance of adopting robust security practices, including verifying the authenticity of communication channels and avoiding clicking on unknown links or providing confidential information online. By remaining vigilant and proactive, users can mitigate the risk of falling victim to phishing scams targeting TON and other cryptocurrency platforms.

SlowMist’s warning serves as a timely reminder for the cryptocurrency community to prioritize cybersecurity measures and stay informed about evolving threats in order to safeguard their digital assets effectively. As phishing tactics evolve, ongoing awareness and proactive security measures are essential to maintaining a secure environment for cryptocurrency users worldwide.

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Bitcoin price risks drop to $71K as Trump tariffs hurt US business outlook

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Bitcoin is setting its sights on the $71,000 mark as market conditions shift in response to geopolitical and economic developments, including a new tariff agreement and weakening U.S. business sentiment.

Recent market activity suggests that Bitcoin is benefiting from concerns over traditional economic indicators, with investors turning to digital assets as a hedge against economic uncertainty. A rare slump in U.S. business outlook has fueled speculation that risk assets, including Bitcoin, could see increased inflows.

Additionally, ongoing global trade negotiations and tariff adjustments have contributed to market volatility, prompting investors to seek alternative stores of value. Analysts suggest that if macroeconomic pressures persist, Bitcoin could continue its upward trajectory, potentially testing the $71,000 resistance level.

Despite short-term fluctuations, Bitcoin remains a focal point for investors navigating inflation concerns, regulatory shifts, and global economic trends. The coming weeks will be critical in determining whether Bitcoin can sustain its momentum and break through key price barriers.

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Crypto donations top $1B in 2024, gain traction after Myanmar, Thailand quake

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Changpeng “CZ” Zhao, the former CEO of Binance, has donated 1,000 BNB to aid relief efforts following a powerful earthquake that struck the Thailand-Myanmar border region. The donation, valued at approximately $600,000, aims to support those affected by the disaster and assist in recovery operations.

The earthquake caused significant damage in several areas, displacing residents and impacting local infrastructure. CZ’s contribution highlights the growing role of cryptocurrency in humanitarian aid, providing fast and transparent relief funding.

The donation will be distributed to organizations working on the ground to deliver emergency assistance, including shelter, food, and medical supplies. Crypto-based aid is increasingly being utilized in disaster response efforts due to its efficiency in reaching affected communities without the delays of traditional banking systems.

As the affected regions begin the recovery process, the crypto community continues to demonstrate how blockchain technology can play a meaningful role in global humanitarian initiatives.

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Hackers are selling counterfeit phones with crypto-stealing malware

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Security researchers have uncovered a wave of counterfeit Android devices preloaded with malware designed to steal cryptocurrency, posing a significant threat to users worldwide. The infected devices, which mimic popular smartphone brands, contain malicious software capable of hijacking digital wallets and siphoning funds.

The malware, embedded at the firmware level, allows attackers to gain remote access, intercept sensitive data, and execute unauthorized transactions. Because the malicious code is deeply integrated into the device’s operating system, it is difficult to detect and remove, making it a persistent threat.

Cybersecurity experts warn that unsuspecting buyers may unknowingly expose their crypto holdings to risk by purchasing these compromised devices from unverified sellers. Users are urged to exercise caution by only purchasing smartphones from trusted retailers and manufacturers.

The discovery highlights the growing sophistication of cybercriminals targeting the cryptocurrency sector. As mobile-based crypto transactions become more common, security measures such as hardware wallet usage and multi-factor authentication are increasingly essential to safeguard digital assets from emerging threats.

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