{"id":24196,"date":"2024-07-03T17:00:42","date_gmt":"2024-07-03T14:00:42","guid":{"rendered":"https:\/\/coinengineer.io\/?p=24196"},"modified":"2024-07-03T10:35:12","modified_gmt":"2024-07-03T07:35:12","slug":"cobo-integrates-with-the-open-network-ton-to-enhance-digital-asset-custody-solutions","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/cobo-integrates-with-the-open-network-ton-to-enhance-digital-asset-custody-solutions\/","title":{"rendered":"Cobo Integrates with The Open Network (TON) to Enhance Digital Asset Custody Solutions"},"content":{"rendered":"<p>Providing digital asset custody and wallet, <strong>Cobo<\/strong> has declared its support for <strong>The Open Network (TON)<\/strong>, therefore adding its complete custody solutions to the TON blockchain.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_71 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/coinengineer.net\/blog\/cobo-integrates-with-the-open-network-ton-to-enhance-digital-asset-custody-solutions\/#Integration_Details_and_Strategic_Benefits\" title=\"Integration Details and Strategic Benefits\">Integration Details and Strategic Benefits<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/coinengineer.net\/blog\/cobo-integrates-with-the-open-network-ton-to-enhance-digital-asset-custody-solutions\/#Security_Concerns_and_Ecosystem_Challenges\" title=\"Security Concerns and Ecosystem Challenges\">Security Concerns and Ecosystem Challenges<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Integration_Details_and_Strategic_Benefits\"><\/span>Integration Details and Strategic Benefits<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This integration covers TON&#8217;s native<strong> Toncoin (TON), Notcoin (NOT)<\/strong>, <strong>and stablecoins like Tether<\/strong> along with custodial wallets and multiparty computation wallet technologies. The cooperation seeks to increase Cobo&#8217;s service offers and improve the security and adaptability of digital asset management for institutional customers.<\/p>\n<p><a href=\"https:\/\/coinengineer.net\/blog\/binance-spot-expands-trading-options-with-new-listings-and-discounted-usdc-fees\/\"><em><span style=\"font-weight: 400;\">This Might Interest You: Binance Spot Expands Trading Options with New Listings and Discounted USDC Fees<br \/>\n<\/span><\/em><\/a><br \/>\nThe integration tracks a notable flood of Web3 support for the <strong>TON<\/strong> <strong>blockchain<\/strong>, which drives Telegram&#8217;s new advertising platform. Despite technical difficulties these features may create, Cobo&#8217;s decision to assist TON&#8217;s ecosystem fits its approach to increase token acceptance and exploit TON&#8217;s sophisticated multichain architecture and sharding technologies.<\/p>\n<p>The platform of <strong>Cobo<\/strong> is well-known for institutional customer services and regulatory compliance. Particularly since <strong>Toncoin<\/strong> has permission from <strong>the Kazakhstan Financial Services and Regulatory Committee (AFSA)<\/strong>, the relationship is strategically important. Toncoin ranks among 107 cryptocurrencies approved by Kazakhstan&#8217;s government here.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Security_Concerns_and_Ecosystem_Challenges\"><\/span>Security Concerns and Ecosystem Challenges<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>As SlowMist creator Yu Xian points out, phishing attempts on the blockchain have increased even with the success and rising acceptance of the TON ecosystem. Xian said on June 24 that the open character of the Telegram ecosystem helps phishing links to proliferate via messaging groups, airdrops, and other dishonest techniques. Users with anonymous numbers, which are not connected to SIM cards, he pointed out have more phishing risks and possible account losses should targeted criminal actors on the network target them.<\/p>\n<p><em><a href=\"https:\/\/t.me\/coinengineernews\"><span style=\"font-weight: 400;\">Click here to get the latest news from Coin Engineer!<\/span><\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Providing digital asset custody and wallet, Cobo has declared its support for The Open Network (TON), therefore adding its complete custody solutions to the TON blockchain. Integration Details and Strategic Benefits This integration covers TON&#8217;s native Toncoin (TON), Notcoin (NOT), and stablecoins like Tether along with custodial wallets and multiparty computation wallet technologies. The cooperation<\/p>\n","protected":false},"author":6,"featured_media":24197,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,657,1,2],"tags":[7144,5356,6807],"class_list":["post-24196","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","category-en","category-genel","category-news","tag-cobo","tag-the-open-network-ton","tag-ton-blockchain"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Cobo Integrates with The Open Network (TON) to Enhance Digital Asset Custody Solutions - Coin Engineer<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/cobo-integrates-with-the-open-network-ton-to-enhance-digital-asset-custody-solutions\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cobo Integrates with The Open Network (TON) to Enhance Digital Asset Custody Solutions - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"Providing digital asset custody and wallet, Cobo has declared its support for The Open Network (TON), therefore adding its complete custody solutions to the TON blockchain. Integration Details and Strategic Benefits This integration covers TON&#8217;s native Toncoin (TON), Notcoin (NOT), and stablecoins like Tether along with custodial wallets and multiparty computation wallet technologies. 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