"TON network is fully operational! TON-based asset withdrawals and deposits in Wallet will be credited in due course," the TON Community Telegram channel posted just after 9:30 AM Thursday Hong Kong time.
TON has once again resumed operations after being hit by a second outage in 24 hours.
"TON network is fully operational! TON-based asset withdrawals and deposits in Wallet will be credited in due course," the TON Community Telegram channel posted at around 9:30 AM Thursday Hong Kong time.
The latest outage lasted just over four hours. According to TON, the outage was caused by a "heavy load attributed to DOGS token minting."
The outage on Wednesday is the second in barely two days. The network halted on Tuesday afternoon U.S. time, but restarted just after midnight. Observers initially pinned that outage on DOGS, which was later confirmed by TON after the network crashed again.
Data from CoinDesk Indices shows that Toncoin, the native token of the TON protocol, is up approximately 8% on the news.
The token is still trading below what it was trading at prior to the arrest of Telegram CEO Pavel Durov.
While Telegram and TON are legally separate entities, the two are closely affiliated as one relies on the other.
On Wednesday local time, Durov was indicted in a French court on charges related to enabling illicit transactions and child exploitation on the platform, failing to cooperate with police and providing encryption services without controls, following his recent arrest near Paris, among other charges.
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