ChainCatcher news, according to The Block, the TON network expansion project TAC has completed a $6.5 million seed round financing, led by Hack VC and Symbolic Capital, with participation from Primitive, Paper Ventures, Karatage, Animoca Ventures, Spartan Capital, TON Ventures, and Ankr. The valuation and structure of this round of financing have not been disclosed.The testnet phase of TAC is expected to launch this week, with the mainnet release planned for the first quarter of 2025.According to RootData, TAC is a TON network expansion that allows the EVM community to access Telegram's 950 million users.

ChainCatcher news, according to data disclosed by IntoTheBlock, the daily active users on the TON network have dropped to about 1.58 million, a significant decrease from the peak of over 5 million daily active users.

ChainCatcher news, the TON network has officially connected to Telegram's first decentralized multi-chain wallet UXUY. This is the 17th public chain that UXUY has integrated, following ecosystems like Bitcoin Lightning Network, Ethereum, BNB Chain, BASE, and TRON. The integration of the TON network will significantly improve the interoperability of Telegram's multi-chain ecosystem and lower the trading threshold for assets on the TON chain.UXUY is the next-generation decentralized multi-chain infrastructure incubated and invested by Binance Labs, providing multi-chain DApp access services and an application center based on the Telegram ecosystem, and offering comprehensive support such as technology and traffic for qualified DApps through the Puzzle Plan.UXUY is committed to enhancing the liquidity of long-tail assets and providing a better trading experience for Telegram's idle assets. Currently, the total locked value (TVL) of the TON ecosystem is $395 million. UXUY actively introduces native crypto assets through its multi-chain advantages, contributing to the further increase of Telegram's ecosystem TVL.UXUY founder Kevin stated, "Long-tail assets on the TON network are on the rise, and these DApps will enrich the user experience and application scenarios in the crypto world. UXUY will continue to build the infrastructure on the Telegram chain and unleash the enormous development potential of the TON network."

According to ChainCatcher news reported by Cointelegraph, a cryptocurrency wallet fraud tool targeting the TON network has announced it will cease operations and direct users to another cryptocurrency fraud tool.Web3 security agency Scam Sniffer shared a screenshot showing that a TON-based cryptocurrency wallet fraud tool issued a notice of closure. The wallet fraud tool claimed that the lack of "whales" or "big players" in the TON community was detrimental to its business. The hackers wrote: "Due to the absence of whales in TON and the small size of the community, we will shut down our services."This wallet fraud tool then directed users to assets on a fraudulent Bitcoin network, stating that if users enjoyed stealing on TON, they would also like to operate on the Bitcoin network.The hackers also promoted another service and explicitly stated that the TON-based fraud tool would not return. Blockaid co-founder Raz Niv mentioned that more and more hackers are starting to take an interest in the TON ecosystem because the value of assets transferred via TON is very high. Some scams also exploit TON's transfer comment feature to disguise the true purpose of signatures, tricking users into signing false transactions and thereby stealing their assets.

ChainCatcher message, TON posted on X: "Recently we witnessed the largest airdrop in cryptocurrency history. 131 million eligible users claimed HMSTR on TON, and despite the heavy load, the TON blockchain operated smoothly.We continue to see an increasing number of users flocking in, and on-chain activity may continue to grow in the coming days. While it is still in the early stages, the success so far proves TON's resilience and its ability to support a large number of users."

ChainCatcher news, CryptoQuant analyst Shiven Moodley posted on the X platform that the TON network has shown significant growth since August 2021, with its high throughput driving the network's scalability, and its collaboration with the Telegram instant messaging platform further promoting its development. There is a noticeable gap between the market capitalization and circulating supply of the TON network, which may indicate that a considerable portion of the tokens is locked or held long-term, thus affecting the network's liquidity. Nevertheless, there is still a general correlation between market capitalization and circulating supply, suggesting that most of the circulating supply is indeed participating in market valuation.Moodley suggests using the average market cap to price ratio as a proxy indicator for measuring speculative behavior. He explained, "The divergence between market cap and price may indicate that the token's valuation deviates from fundamental indicators, while a close alignment between the two suggests a more rational market valuation."

ChainCatcher news, Bounce Brand announced on social media that it will launch the AUCTION Launchpad on the TON network next week.

According to ChainCatcher news, the official announcement states that the OKX Web3 wallet now fully supports TON chain NFT trading and multi-platform order aggregation, including orders from the OKX NFT market, Getgems, and Fragment, thereby providing users with stronger liquidity across the network and enabling them to obtain better prices. Currently, users can enjoy the TON ecosystem anytime and anywhere with the OKX Web3 wallet and a 0 platform service fee.

ChainCatcher message, the Telegram Wallet posted on the official TG channel this morning stating that the TON network has fully resumed operation after experiencing another block interruption early today. Asset withdrawals based on TON and deposits in wallets will be credited at the appropriate time.Tonscan data shows that the TON network is currently producing blocks normally.

ChainCatcher message, TON stated on its official social platform that the TON blockchain is currently experiencing interruptions in block production. TON Core has requested validators to restart at 4 AM today (UTC time). If enough validators restart, consensus will be reestablished.As of the time of writing, according to Tonscan, the TON network has not yet resumed block production.

ChainCatcher news, Tonk Inu stated that the recent Ton network outage may be due to the unusually high network activity caused by the market's enthusiasm for the new DOGS memecoin.Previous news, the Ton network was down, with no blocks produced for nearly 3 hours.

ChainCatcher message, according to Tonscan data, the last block on the TON network was produced at 06:11:46 Beijing time, and TON has been down for 3 hours. Binance and Bybit have suspended related deposit and withdrawal services.

ChainCatcher message, Binance official stated that due to unforeseen issues, the TON network upgrade is taking longer than expected, and the team is working hard to restore normal service as soon as possible.

ChainCatcher news, according to official sources, the OKX Web3 wallet now supports the TON network. Currently, the OKX Web3 wallet is live on both the App and plugin sides for the TON mainnet, allowing users to switch to TON with one click without manual configuration, enabling management of corresponding tokens, transfers, and interactions with ecological DApps. In the future, the OKX Web3 wallet will continue to update TON-related features and launch TON ecological activities.It is reported that this integration with TON also marks the OKX Web3 wallet's official connection to 100 popular public chains. Users can seamlessly switch between popular public chains using the OKX Web3 wallet and interact with various DApps. The OKX Web3 wallet is an industry-leading one-stop Web3 entry point, now supporting 100 popular public chains, unified across App, plugin, and web platforms.

ChainCatcher message, the Ton DePin track project PinGo announced on the official X platform that today it launched a points incentive program on Ton. The points program covers content such as device setup, artwork creation, referral rewards, and daily check-ins.The newly launched graphic creation feature is a unique AI application on Ton. The first batch of users only needs to pay gas fees to create artwork on the Ton network and earn points, while also being able to earn more points and NFT minting through various methods. In the future, PinGo will launch AI creation applications paid with TON.

ChainCatcher message, according to tonscan data, the TON network has staked 646.9 million TON.In addition, the current staking APY is 3.9%, and there are a total of 386 validator nodes in the network.

ChainCatcher news, according to DefiLlama data, the TON network TVL has surpassed 680 million USD, currently at 681.34 million USD, setting a new historical high.

ChainCatcher news, according to DefiLlama data, the TON network's TVL has surpassed 600 million dollars, currently at 613 million dollars, setting a new historical high.Among them, the TON ecosystem DEX protocol DeDust has seen a TVL increase of 54.43% in the past week.

ChainCatcher news, according to tonscan data, the TON network currently has a total of 578.5 million TON staked, accounting for 23.87% of the circulating supply (2.432 billion). In addition, the current staking APY is 3.9%, and there are a total of 368 validator nodes in the network.