1 Jun 2025, 23:50

TON gains increased institutional investments despite suffering several brief outages

The Open Network (TON), a layer-1 blockchain closely integrated with Telegram and serving as the foundation for its mini-app ecosystem, has restored full functionality after a brief outage on June 1 that temporarily halted block production. The TON developers team has guaranteed users that the outage did not impact any funds and that transactions made while the system was down were safe from loss. TON recovers its functionality after suffering a brief outage Blockchain network outages are usually common in high-throughput, high-speed blockchains because of the chains’ high technical complexity. As blockchain networks grow more complex, brief outages may become increasingly common, potentially hindering broader consumer adoption of cryptocurrencies and undermining public trust in the technology. Following the recent brief outage, the developers’ team reported the problem at 12:51:00 UTC and managed to restore network functionality about 40 minutes after they discovered the outage. In an update, the TON developers said they released a quick fix and updated just a few master chain validators, allowing the blockchain to start block production again. According to the team, the issue was caused by a mistake in handling the masterchain dispatch queue. The team also revealed that a full technical report will be published soon to address exactly what caused the issue. Blockchain users have revealed their growing worries as quick-growing blockchain networks processing significant amounts of data experience brief outages frequently. In this instance, TON’s flash reaction helped minimize the damage. As Telegram depends more on TON for its cryptocurrency plans, the network will face greater pressure to remain stable. Everything is back to normal, but concerns about its long-term reliability are expected to arise. TON gains increased institutional investments despite suffering several brief outages Notably, this is not the first brief outage incident. In August 2024, TON suffered several brief outages due to high demand for the DOGS meme coin , which congested the network and caused a chain to stop. The initial outage occurred on August 27 when block production was suspended at workchain block 45,341,899. Network downtime lasted several hours until validators reset their nodes at 4:00 UTC to re-establish network-wide consensus. At 5:30 am UTC, the functionality was briefly restored, and users were allowed to access the network again before the network crashed again hours later. The reason behind the sudden crash was due to excessive users transferring DOGS memecoins on the TON blockchain. The next outage incident occurred on August 28. On that day, TON faced a brief outage, which caused block production to stop at workchain block 45,350,522. This second outage lasted about six hours until it was resolved, with block production resuming on the same day. Even after the brief network outages, TON is gaining retail attention and institutional investment from big digital asset names in the crypto space. Telegram Open Network received $400 million from venture capital firms like Sequoia Capital, Draper Associates, CoinFund, and SkyBridge in March 2025. Your crypto news deserves attention - KEY Difference Wire puts you on 250+ top sites

1 Jun 2025, 22:16

Cathie Wood Preaches Gospel of Solana, Pitches the SOL Network as a Remarkable Standout

Cathie Wood, the CEO of Ark Invest, attended the Solana Accelerate conference along with many other notable founders. On stage, Woods discussed the many positive aspects of the Solana network. She observed the network’s ability to remain firm through the many market woes experienced in the previous years, particularly noting that Solana surmounted the hurdles that came with the Sam Bankman-Fried controversy, especially as he was a vocal Solana proponent. Woods is quoted as saying ; “It is one of the few protocols that has gone through a full market cycle, including 2021 when Sam Bankman-Fried was a huge supporter of Solana, so everyone thought…that’s that, and here we go; it resurrected.” Woods, who appears to be keeping up with activities within the Solana ecosystem, highlighted a key milestone recorded last year: Solana unseated its long-standing competitor, Ethereum, in the number of network developers. “…On July 24, the number of developers on the Solana network surpassed that of Ethereum and became the highest,” Woods remarked. She maintains that Ethereum appeals to institutions, while Solana caters to and attracts key participants in the consumer market. She cites lower fee charges, network agility, functionality, and speed as factors propelling demand for the protocol. “At Ark, one of the things we look for in a new technology is falling cost and accelerating uptake, and that is certainly Solana.”She concluded. Like Cathie Wood, Financier Anthony Scaramucci is optimistic about Solana’s future . The founder of alternative asset manager SkyBridge Capital envisions Solana bridging the gap between crowdsourcing and crypto projects by tokenizing initial public offerings (IPOs). Scaramucci, who is currently authoring a book on the Solana network, added that Solana could become the operating layer for real-world assets, stocks, bonds, and tokenization.

1 Jun 2025, 21:18

Significant Cryptocurrency Bill Unveiled in South Korea – Expected to Pass Easily

The South Korean National Assembly is preparing to take an important step towards the legalization of tokenized securities (Security Tokens, ST). The bill, which is expected to pass after the election, has caused great activity in the financial sector. The country's leading financial institutions are rapidly establishing collaborations and continuing technical infrastructure preparations in order to be pioneers in this new market. Tokenized securities are known as digital securities supported by blockchain technology. Thanks to the security and ease of transaction offered by this technology, it is possible to divide low-liquid assets such as real estate, works of art, and even live animals into small shares and offer them to investors. Currently, tokenized securities remain in a gray area due to a lack of regulation. However, both main candidates running in the presidential election, Lee Jae-myung and Kim Moon-soo, have made it clear in their campaign promises that tokenized securities will be legalized quickly, making the bill’s passage almost certain. Related News: Michael Saylor Gives Another Bullish Signal That He Will Buy Bitcoin: Here's How Much BTC He Currently Owns The fact that tokenized securities are both based on real assets and have the status of a security has led to a serious consensus among political parties in this area. This makes it easier for the law to pass. According to industry representatives, this digital asset class is seen as “the safest innovation.” With the passing of the law, an increase in tokenized investment products based on familiar assets such as real estate is expected in the short term. In the long term, it is predicted that the market structure will change radically as traditional securities, such as stocks and bonds, become tokenized. These blockchain-based digital securities promise to lower transaction costs by reducing dependence on centralized intermediary institutions, while enabling automatic transactions powered by artificial intelligence thanks to their programmability. *This is not investment advice. Continue Reading: Significant Cryptocurrency Bill Unveiled in South Korea – Expected to Pass Easily

1 Jun 2025, 16:55

364,333 Americans Warned After Massive Data Breach Exposes Names, Addresses, Phone Numbers, Social Security Numbers and More

Hundreds of thousands of Americans are now at risk for identity theft and fraud following a major cybersecurity breach involving a risk management firm. Georgia-based LexisNexis Risk Solutions (LNRS) says 364,333 customers are affected, according to a new filing with the Office of the Maine Attorney General. The firm says an unknown attacker breached the systems of a third-party platform that LexisNexis uses, exposing various customer data, including names, addresses, phone numbers, email addresses, postal details, Social Security numbers and driver’s license numbers. “On April 1st, 2025, we learned that on December 25th, 2024, an unauthorized third party acquired certain LNRS data from a third-party platform used for software development. The issue did not affect LNRS’s own networks or systems.” LexisNexis is a global data and analytics firm that helps companies manage risks, enhance compliance, prevent fraud and improve operational efficiency. The firm says it promptly sent letters to affected customers to provide more information on the security incident while offering free credit monitoring and identity protection services for 24 months. For now, LexisNexis says it is taking steps to review and revamp its security protocols to avoid a potential repeat of the incident. The firm is also urging customers to be on the lookout for any suspicious activity that may indicate fraud or identity theft. Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post 364,333 Americans Warned After Massive Data Breach Exposes Names, Addresses, Phone Numbers, Social Security Numbers and More appeared first on The Daily Hodl .

1 Jun 2025, 16:25

XRP Healthcare Is Making Another Big Move

XRP Healthcare has announced its upcoming listing on the TSX Venture Exchange, marking a major milestone in its journey from concept to public company in under three years. The news was shared in a recent post on the company’s official X account, noting that XRP Healthcare did not wait for the future, but chose to build it. In its blog post , the company breaks down how it achieved this growth, highlighting its rapid acquisitions, digital innovation, and a principle-based operating model. The piece highlights the company’s expansion across Africa and the development of its AI-powered ecosystem. All these contribute directly to the utility and visibility of XRP-linked technology in the real world. Focused Expansion in Emerging Markets Rather than entering saturated Western markets, XRP Healthcare identified value in consolidating fragmented healthcare services in regions with unmet medical needs. The acquisition of Uganda-based Pharma Ville , a 7-branch pharmacy group, demonstrated this approach. This strategic move allowed XRP Healthcare to establish a physical footprint while introducing digital efficiency through the XRPH AI app, which is now available globally. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Kain Roomes, CEO, emphasized that the company operated with a clear end goal: “We saw the destination before the road appeared.” This clarity enabled rapid decision-making and eliminated delays commonly caused by external validation. The result is a functional healthcare platform backed by blockchain-based tools, advancing health access and economic utility simultaneously. Technology Deployment and Ecosystem Building XRP Healthcare’s rollout of the XRPH AI app and the XRPH Wallet positions it as a full-spectrum digital health provider with native crypto integration. These tools are not experimental concepts but live, with scalable products supporting pharmaceutical access and payment infrastructure. The wallet anchors the real-world utility of XRPH tokens, providing tangible economic interactions within the company’s healthcare system. The wallet launched swapping between XRP and XRPH in May 2024, expanding its list of features. This also increased the relevance of blockchain assets in practical, regulated industries, such as healthcare. Partnerships with established firms, including ARC Group, further support XRP Healthcare’s roadmap toward IPO. These alliances enhance institutional credibility and indicate that the model can scale with governance and compliance in mind. Outlook for XRP Healthcare This growth of XRP Healthcare is more than a corporate achievement, as it contributes to the broader XRP ecosystem by showcasing a practical, real-world utility of XRP-related innovation, especially in emerging markets. XRP Healthcare has become mainstream in Uganda . With a Letter of Intent to list publicly and a proven acquisition strategy underway, its continued success may drive further adoption and interest in XRP-backed business applications. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post XRP Healthcare Is Making Another Big Move appeared first on Times Tabloid .

1 Jun 2025, 13:48

New Document Describes Ripple (XRP) As a Global Financial System

Crypto researcher SMQKE (@SMQKEDQG) recently drew attention to XRP’s functional positioning within the distributed ledger ecosystem by sharing an academic visual taxonomy of ledgers. The infographic classifies types of ledgers based on who can access them, who maintains them, and the number of existing copies. SMQKE specifically pointed to XRP’s classification in this taxonomy, which identifies it as a “permissioned, publicly shared ledger” and labels Ripple as “a global financial transaction system.” Ripple’s position was circled under the branch that represents ledgers, which are shared publicly but maintained by trusted validators. Ripple = A Global Financial Transaction System Documented. pic.twitter.com/4LjlZgt948 — SMQKE (@SMQKEDQG) May 31, 2025 Ripple’s Global Payment System The design and operational structure of Ripple’s payment system make it a credible alternative to legacy payment networks like SWIFT. Ripple facilitates real-time settlement through XRP and its distributed ledger technology. This enables near-instantaneous cross-border transactions with reduced costs and fewer intermediaries. The taxonomy presented in the image supports this interpretation. By categorizing Ripple’s technology as a permissioned but publicly shared ledger, it acknowledges Ripple’s use of selected validators while maintaining an open ledger system. This enables both efficiency and auditability, qualities that traditional payment systems lack. It allows direct asset transfer with low fees, and the system can significantly improve liquidity management and transaction traceability for financial institutions. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 XRP’s Perception in this System This visual and structural classification has implications for how XRP is perceived in both technical and regulatory discussions. By distinguishing Ripple as a global financial transaction system, the taxonomy supports the view that XRP is designed for institutional-grade use . XRP works with a trusted validating model that allows scalability and compliance features required by traditional financial institutions. However, the system remains decentralized, as Ripple’s Chief Technology Officer (CTO) has clarified multiple times , because no single entity has full control over the network. Institutional Applications and Global Reach Ripple’s positioning as a global financial transaction system is not theoretical. Its technology is already in use by financial institutions and payment providers across multiple jurisdictions. The use of XRP as a bridge currency enables the rapid exchange between fiat pairs, which reduces the need for pre-funded accounts in foreign currencies. XRP’s use in Ripple’s global financial system has the potential to streamline global remittance services, corporate treasury operations, and international trade finance. This recognition has reaffirmed the belief XRP army has held for years about the asset’s potential. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post New Document Describes Ripple (XRP) As a Global Financial System appeared first on Times Tabloid .