Blockchain
TON blockchain integration enhances digital asset security
Cobo, a digital asset custody and wallet provider, has announced that it will support The Open Network (TON). This integration brings Cobo’s comprehensive custody solutions to the TON blockchain, including custodial wallets and multiparty computation wallet technology. Through this collaboration, Cobo will integrate TON’s native Toncoin (TON) token, Notcoin (NOT), and stablecoins such as Tether (USDT).
TON Integration
The partnership between Cobo and TON follows a significant influx of Web3 support for the TON blockchain, which powers Telegram’s new advertising platform. The integration aims to enhance the security and flexibility of digital asset management for institutional clients and expand Cobo’s service offerings. Although incorporating the TON blockchain into Cobo’s services can broaden token support for the wallet provider, TON’s multichain architecture and sharding technology present multiple technical challenges.
Regulatory Compliance
Cobo’s platform has a strong regulatory compliance history as a provider of institutional client services. The partnership is strategic, especially since Toncoin was recently approved by the Kazakhstan Financial Services and Regulatory Committee (AFSA). Following this approval, Toncoin joined a list of 107 cryptocurrencies sanctioned by the government of Kazakhstan.
Security Concerns
Despite the success of the TON ecosystem, there has been a rise in phishing attacks on the blockchain. SlowMist founder Yu Xian highlighted that the Telegram ecosystem is “too free,” with phishing links spread through the platform’s message groups, airdrops, and other deceptive methods. Although the Telegram messenger typically requires phone numbers for account setup, Xian noted that phishing risks are higher for users with anonymous numbers, as their accounts are not linked to SIM cards and can be lost if targeted by bad actors.
The integration of Cobo with TON, alongside regulatory approvals and enhanced security measures, represents a significant step forward in the digital asset management landscape, aiming to balance innovation with user protection.
Source: tradingview.com
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Finfare Connect, a market-leading rewards platform empowering businesses to engage and retain customers through personalized offers, has announced an innovative collaboration with ZBD, a leading payments company at the forefront of digital economies.
Finfare Connect is a part of Finfare Inc., a thriving fintech company with offices in Irvine, California and London.
Through this strategic alliance, Finfare will provide ZBD users with access to affiliate, card-linked, and instant cashback offers, enabling them to earn Bitcoin through everyday purchases, above and beyond those already earned via the ZBD app.
Beginning today, ZBD users will have the option to link their payment card or multiple payment accounts to start automatically earning rewards while shopping online or at in-person stores. Card linking involves connecting a single payment card, while account linking occurs when a user connects multiple bank accounts to earn highly customized rewards.
In terms of rewards, ZBD users who sign up for the program will have access to offers from thousands of well-known brands such as Nike, Adidas, Asics, Crocs, Tommy Hilfiger, Urban Outfitters, Cole Haan, Steve Madden; and popular retailers such as Nordstrom, Brookstone and Best Buy, among many others.
ZBD’s innovative app immerses users in a world of games and apps, allowing them to earn Bitcoin while enjoying diverse entertainment experiences.
Now, US-based ZBD users will be able to seamlessly earn Bitcoin through their everyday purchases simply by linking their payment accounts via the ZBD app. Then, they will automatically earn Bitcoin whenever they purchase an item that’s promoted by FinFare.
“We are thrilled to launch this exciting offering with ZBD,” said Alan Zrado, Executive Vice President, Finfare Connect. “Through this alliance, we are enhancing the way ZBD users engage with digital payments, offering them unparalleled opportunities to earn Bitcoin through their everyday transactions. This partnership also underscores our commitment to empowering businesses by providing their customers with compelling, customized, and valued rewards.”
“We are excited to join forces with Finfare Connect to give ZBD users greater value by giving them more ways to easily earn Bitcoin rewards,” said Ben Cousens, Chief Strategy Officer of ZBD. “By combining Finfare Connect’s expertise in personalized offers with ZBD’s cutting-edge payments technology, we are providing our users with a great way to earn Bitcoin by shopping as they normally would anyway.”
The post ZBD and Finfare partner to offer gamers cash rewards for their everyday purchases! appeared first on HIPTHER Alerts.
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