- Telegram scams rise by 2,000% as scammers use malware bots in trading and airdrop groups.
- TON enters the U.S. market, bringing in-app payments and gaming features to Telegram’s large user base.
- Toncoin rises to $5.5, showing strong investor interest in TON’s expansion.
Telegram Scams
Crypto scammers are turning to Telegram to scam, a strategy that has grown by 2,000% since November. According to Scam Sniffer, 15th Jan, the scam happened. Instead of typical phishing attempts, where users are tricked into connecting their wallets to fraudulent sites, these new tactics involve fake verification bots.
Found in trading and airdrop groups, these bots convince users to download software that secretly installs malware. Once active, the malware can steal passwords, private keys, and browser data. This shift is a response to increased awareness of traditional signature scams.
By using social engineering and deceptive bots, attackers gain access to sensitive information, making their methods harder to detect and more damaging. The rise in Telegram-based scams highlights the need for security in crypto communities.
TON entering U.S market
Meanwhile, the TON blockchain, developed by Telegram, is making an entry into the U.S. market. The project aims to leverage what it sees as a more favorable regulatory environment. With features such as in-app payments and gaming for Telegram’s massive user base, TON’s expansion could increase its adoption.
This entry has made positive market activity for Toncoin. Toncoin’s price recently increased by 5%, reaching $5.5, with a market cap of $13.57 billion and daily trading volume of $188.13 million. This growth underscores investor confidence in TON’s ability to establish a strong presence in the U.S. and further integrate blockchain capabilities into everyday applications.
Both the rise in Telegram-based scams and the expansion of TON into the U.S. market reflect the evolving landscape of the crypto industry. As scammers refine their methods to bypass heightened awareness, projects like TON are advancing adoption and utility. By staying informed and cautious, participants in the crypto space can navigate these challenges and opportunities more effectively.
