Telegram-Linked TON Network Back Up After 7-Hour Outage Caused Due To Launch Of DOGS Memecoin
Portfolio Pulse from Aniket Verma
The Open Network (TON), linked to Telegram, experienced a 7-hour outage due to the launch of the DOGS memecoin, causing abnormal load and transaction processing issues. The network resumed normal operations, but Toncoin (TON) remains affected by recent events, including the arrest of Telegram's CEO.
August 28, 2024 | 7:12 am
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The TON Network experienced a 7-hour outage due to the DOGS memecoin launch, causing transaction processing issues. Operations have resumed, but Toncoin's price remains affected by the arrest of Telegram's CEO.
The TON Network's outage was directly linked to the DOGS memecoin launch, causing a temporary disruption. Although operations have resumed, the arrest of Telegram's CEO, a key figure in TON, has led to a significant price drop in Toncoin, indicating potential investor concerns.
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