• The TON Foundation has partnered with Chainalysis to utilize its Crypto Incident Response Service.
• Chainalysis provides investigative services and support to both private and public sector organizations.
• By deploying Chainalysis’s rapid response retainer service, TON gains a robust means to combat cyber-attacks or unauthorized network intrusions.
The TON Foundation Partners with Chainalysis
The TON Foundation, dedicated to the advancement of The Open Network (TON), has partnered with Chainalysis to utilize its Crypto Incident Response Service, ensuring round-the-clock support for swift fund recovery in case of hacks or exploits.
Chainalysis Offers Investigitive Services
Chainalysis is a prime blockchain data platform that provides investigative services and support to both private and public sector organizations. By deploying Chainalysis’s rapid response retainer service, TON gains a robust means to combat cyber-attacks or unauthorized network intrusions, which may involve cryptocurrency theft or ransom demands.
TON Vision Achieves Mass Adoption
Justin Hyun, Head of Incubation at TON Foundation, expressed the organization’s insights on enlisting Chainalysis’s Crypto Incident Response Service, referring to it as the „industry gold standard“ for providing a rapid response to hacks or exploits. Hyun claims that bad actors must be rooted out, and that such a measure is vital to ensuring an optimal experience for TON’s growing user base. „Our vision is to achieve mass adoption in Web3 technology powered by the high performance and scalability that we offer. By rooting out bad actors we can ensure an optimal experience for our growing user base,“ shares Hyun.
24/7 Hotline For Proactive Crypto Incident Response Customers
Chainalysis offers a 24/7 hotline for proactive Crypto Incident Response customers, assigning a dedicated team to respond to incidents such as hacks, ransomware attacks, code exploits, or flash loan attacks. The Chainalysis team works tirelessly leveraging advanced investigative capabilities, to address incidents and if needed liaise with law enforcement and asset recovery counsel. Having worked on hundreds of cases involving cryptocurrency ,Chainalysis investigators have helped solve some of the most high-profile cyber-criminal cases.
TON Features Layer 1 Architecture Designed To Scale Up
The Chainalysis Crypto Incident Response program streamlines the engagement process ensuring no time is wasted regardless of the victim’s location .Quick tracing and labeling of funds in the Chainanalysis platform can be crucial in preventing bad actors from cashing out their ill-gotten gains .The Open Network (TON) features a layer -1 architecture designed to scale up 2 power 32 workchains ,each of which can be subdivided into up 2 power 60 shardchains . This design enables Ton support millions of transactions per second .