TON back online after second outage due to DOGS token issues

The TON (The Open Network) (CRYPTO:TON) blockchain is back online after experiencing a second outage within 24 hours, both attributed to issues with the DOGS token (CRYPTO:DOGS).

The latest outage, which lasted just over four hours, was confirmed as resolved by the TON Community Telegram channel at around 9:30 AM Thursday, Hong Kong time.

The network's downtime was blamed on a "heavy load attributed to DOGS token minting," which overwhelmed the system and caused it to crash.

This follows an earlier outage on Tuesday afternoon U.S. time, which also halted the network due to similar issues with the DOGS token.

Despite these disruptions, Toncoin, the native token of the TON protocol, saw an 8% increase in value following the news of the network's recovery, according to data from CoinDesk Indices.

However, Toncoin is still trading below its levels prior to the arrest of Telegram CEO Pavel Durov.

Although Telegram and TON are legally separate entities, they are closely linked, with TON relying heavily on Telegram for its operations and user base.

Pavel Durov, who was arrested near Paris and later indicted in a French court, faces charges related to enabling illicit transactions and child exploitation on Telegram, failing to cooperate with law enforcement, and providing encryption services without adequate controls.

The legal troubles surrounding Durov have added further uncertainty to the TON ecosystem, compounding the challenges posed by the technical issues with the DOGS token.

At the time of reporting, DOGS price was $0.001484 while Toncoin price was $5.59.