The Open Network (TON) Foundation has partnered with Elliptic, a blockchain analysis firm, to enhance the security and data intelligence of the TON network. Elliptic will screen TON wallet addresses to identify any associated with bad actors, protecting TON users and projects from exposure to these accounts. Additionally, Elliptic will promote Toncoin to reputable exchanges, increasing visibility and security within the ecosystem. This collaboration follows TON Foundation’s partnership with Telegram to build a Web3 app ecosystem. TON’s community has grown significantly, with a 165% increase in registered accounts. The collaboration with Elliptic ensures that users across TON’s ecosystem are safeguarded from illicit or malicious activities. Justin Hyun, Director of Growth at TON Foundation, emphasizes that Elliptic’s support will maintain the security of TON’s expanding ecosystem.

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Information	Details
Geography	Europe
Countries	🇨🇭
Sentiment	positive
Relevance Score	1
People	Justin Hyun
Companies	Open Network Foundation, Telegram, TON Foundation, Elliptic
Currencies	None
Securities	None