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Market News

TON Blockchain Stops Transactions Again

Written By Jalpa Bhavsar
Fact Checked by Jahnu Jagtap
Published August 29, 2024 1:22 AM·Updated 2 years ago
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TON Blockchain Stops Transactions Again

The TON (Telegram Open Network) blockchain, a prominent decentralized platform, unexpectedly halted transaction processing, again in 24 hours.

TON Blockchain Transactions
TON Blockchain Transactions, Source: Tonscan

As per the data of Tonscan, the last transaction on the TON blockchain happened about 3 hours ago.

The incident, which began roughly an hour ago, has caused widespread concern among users and developers. The cause of the halt remains unclear, and the TON Foundation has yet to release an official statement.

Also Read: TON Blockchain Hits $300M TVL & Surges Tenfold Since March

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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