The Open Network (TON), an independent layer-1 blockchain closely connected to the Telegram messaging platform, experienced a brief outage on June 1 that halted block production before network functionality was restored. TON’s development team reported the issue at 12:51:00 UTC and resolved it approximately 40 minutes later. In an update, TON developers stated: "A quick fix was deployed, and updating only a few master chain validators was enough to resume block production. The incident stemmed from an error in processing the masterchain dispatch queue. " The team reassured users that no funds were impacted and that transactions submitted during the downtime remained secure. Outages in blockchain networks typically affect higher-throughput, fast blockchains due to their technical complexity.
As blockchain technology advances, short disruptions may become more frequent, potentially influencing consumer trust in cryptocurrencies. Related: TON Foundation hires former Visa executive to head payments strategy. TON experienced multiple outages in 2024 linked to DOGS memecoin minting. In August 2024, TON faced several brief outages triggered by increased demand for the DOGS memecoin, which caused network congestion and forced a chain halt. The first outage, on August 27, stopped block production at workchain block 45, 341, 899. The network remained down for several hours until validators reset their nodes at 4:00 am UTC to reestablish consensus. Functionality was briefly restored at 5:30 am UTC but the network crashed again hours later, once more due to heavy traffic from users minting DOGS memecoins on TON. Another brief outage followed on August 28, with block production halting at workchain block 45, 350, 522. This second disruption lasted about six hours before the problem was resolved, and block production resumed on the same day. Despite these short network outages, TON continues to attract strong interest from retail investors and institutional players, particularly major names in the digital asset sector. In March 2025, TON secured $400 million in funding from venture capital firms, including Sequoia Capital, Draper Associates, CoinFund, SkyBridge, and others.
TON Blockchain Outages in 2024-2025: Causes, Impact, and Recovery
AIMM: An Innovative AI-Driven Framework to Detect Social-Media-Influenced Stock Market Manipulation In today's fast-changing stock trading environment, social media has emerged as a key force shaping market dynamics
Legal technology firm Filevine has acquired Pincites, an AI-driven contract redlining company, enhancing its footprint in corporate and transactional law and advancing its AI-focused strategy.
Artificial intelligence (AI) is rapidly reshaping the field of search engine optimization (SEO), providing digital marketers with innovative tools and new opportunities to refine their strategies and achieve superior results.
Advancements in artificial intelligence have played a crucial role in combating misinformation by enabling the creation of sophisticated algorithms designed to detect deepfakes—manipulated videos where original content is altered or replaced to produce false representations intended to deceive viewers and spread misleading information.
The rise of AI has transformed sales by replacing lengthy cycles and manual follow-ups with fast, automated systems operating 24/7.
In the swiftly evolving realm of artificial intelligence (AI) and marketing, recent significant developments are shaping the industry, introducing both new opportunities and challenges.
The publication stated that the company enhanced its “compute margin,” an internal metric representing the portion of revenue remaining after covering the costs of operating models for paying users of its corporate and consumer products.
Launch your AI-powered team to automate Marketing, Sales & Growth
and get clients on autopilot — from social media and search engines. No ads needed
Begin getting your first leads today