#DOGSONB DOGS Token Leads to TON Network Outage
The launch of the DOGS token triggered significant congestion on the TON blockchain, leading to an unexpected network outage.
The overwhelming demand for the airdropped DOGS tokens caused a massive surge in on-chain activity, straining the networkâs capacity.#DOGSONBINANCE
On Tuesday night, the TON blockchainâs official account on X reported a disruption in block production due to âabnormal load,â noting that approximately 20 million transactions had been processed in the preceding 48 hours
Introduced in July 2024, DOGS is branded as the âmost Telegram-native memecoin,â drawing its inspiration from Spotty, a mascot popularized by Telegram founder and CEO Pavel Durov
The DOGS token has quickly gained a substantial following, with its official Telegram channel, Dogs Community, attracting nearly 17 million subscribersđ
Additionally, the DOGS Communityâs official account on X has amassed 3.9 million followers since its debut in July, positioning it alongside major players like Pi Network and Ethereum in terms of social media influence.
Durov Released on $5.56 Million Bailđ„đ„
Meanwhile, French authorities have granted Durov bail under strict conditions, including a payment of 5 million euros, reporting to police twice a week, and remaining within French borders.
Paris prosecutor Laure Beccuau stated that the judge found sufficient grounds to formally investigate Durov on all charges for which he was initially detained.
These charges include suspected complicity in running an online platform that facilitates illicit transactions, distribution of child sexual abuse material, drug trafficking, fraud, failure to cooperate with authorities, money laundering, and providing cryptographic services to criminals.đŹđđ„đ
However, a video shared by Russian state news agency RIA on Telegram, and later on X, appears to show Durov, dressed in black, wearing a baseball cap and sunglasses, leaving the prosecutorâs office and entering a vehicle on Wednesday evening.đȘđȘ
