#Ton
⚠️🚨 ATTENTION 🚨⚠️
🗞️🗞️The Open Network (TON), a layer-1 blockchain linked to Telegram, faced a short outage on June 1, disrupting block production. The issue was resolved within 40 minutes of detection. TON developers confirmed no funds were affected, and transactions during the downtime were secure. Such outages are common in high-speed blockchains due to technical complexity. In August 2024, TON experienced similar interruptions due to high demand for DOGS memecoin, causing network congestion. Despite these challenges, TON remains attractive to retail and institutional investors. In March 2025, TON secured $400 million from venture capital firms. The incident raises concerns about blockchain reliability and consumer confidence in cryptocurrencies. The article also discusses Pavel Durov's involvement in the crypto space. Subscribe to the Markets Outlook newsletter for more insights on investment opportunities and risk management...
