A wallet drainer previously targeting TON has ceased operations due to insufficient high-stake transactions within the TON community and has now turned its attention to Bitcoin. In the last month, incidents involving such wallet drainers have led to financial damages totaling $46.6 million.

Amid increasing malicious exploits, the demand for secure wallet solutions is peaking. Plus Wallet emerges as a reliable choice, delivering robust security, rapid transactions, and complimentary invoicing tools beneficial for both commercial and individual users.

Meanwhile, data indicate that only 12.7% of Polymarket participants have recently profited. These circumstances underscore the importance of wise investment and security measures in achieving substantial crypto returns.

TON-Based Wallet Drainer Now Targets Bitcoin

A TON-focused wallet drainer has halted operations, attributing its closure to the absence of large-scale participants in its network, as per a report by Scam Sniffer on October 7. This entity has redirected its users to a new service that targets Bitcoin, suggesting that those accustomed to the TON platform might find Bitcoin equally engaging.

Phishing scams lure cryptocurrency owners into linking their wallets to deceptive services, enabling scammers to siphon funds without further verification requirements. In September, such schemes were responsible for about $46.6 million in losses, including a single incident that depleted over $32 million.

Polymarket Profits Limited to 12.7% of Users

Polymarket, a decentralized betting platform, has only been profitable for 12.7% of its users, according to Layerhub data. Of 171,113 wallets examined, 87.3% recorded losses, with only 21,730 showing gains. While most profitable accounts earned less than $100, a small fraction—2,138 wallets—gained more than $1,000.

Recently, the platform processed its 10.8 millionth trade, with daily transactions sometimes surpassing 300,000, fueled by interest in global events and the forthcoming U.S. election. As of October 9, open interest on Polymarket totaled $161.1 million.

Plus Wallet Enhances Trading with Unmatched Security and Efficiency

As the cryptocurrency market expands, businesses seek faster transaction methods. Conventional billing systems are often slow and expensive, hindering operational efficiency. Plus Wallet tackles this issue with its no-cost, user-friendly invoicing tool, allowing firms to issue and receive payments in USD or various cryptocurrencies swiftly.

The invoicing process is streamlined: users personalize the invoice, send it, and await payment without any fees. Plus Wallet also expedites other typically lengthy processes like presale listings. After a brief verification, presales can launch in under an hour—a significant improvement over traditional wallets that might take weeks.

Plus Wallet not only accelerates transactions but also ensures top-tier security. It employs advanced encryption to safeguard user assets and stores private keys locally, granting users exclusive control over their funds and information. Moreover, it supports additional security measures such as two-factor authentication, incorporating Face ID and PIN codes.

With its emphasis on speed and security, Plus Wallet stands out as a leading crypto hot wallet, enabling traders and businesses to thrive in a competitive market.

Leading Crypto Hot Wallet Picks for 2024

Geopolitical events have influenced earnings for Polymarket users, yet the resilience of the market suggests a potential rebound.

As cryptocurrency gains wider acceptance, threats like those from the TON-based wallet drainer are expected to escalate. In this landscape, selecting robust crypto hot wallets that enable active market participation while securing assets is crucial—Plus Wallet fulfills these requirements.

Furthermore, Plus Wallet’s complimentary invoicing and efficient presale setups assist businesses in maintaining competitiveness, while its stringent security measures provide essential safeguards as market risks mount.

Explore Plus Wallet:

Website: https://pluswallet.app/

Download: https://onelink.to/pluswalletapp

Twitter: https://x.com/pluswalletapp

Instagram: https://www.instagram.com/pluswallet.app/