10th Indian Delegation to Dubai, Gitex & Expand North Star – World’s Largest Startup Investor Connect
Blockchain

TON has brief downtime before being restored


The Open Network (TON), an independent layer-1 Blockchain that has a symbiotic relationship with the Telegram messaging platform, experienced a brief outage that halted block production on June 1 before functionality was restored.

TON’s development team announced the issue at 12:51:00 UTC and restored network functionality approximately 40 minutes after the outage was identified. TON developers wrote in an update:

“A quick fix was released, and updating only a few master chain validators was sufficient to resume block production. The incident was…



Source link

by Cointelegraph

United States-based Bitcoin mining company TeraWulf nearly doubled its third-quarter revenue this year thanks to price growth in Bitcoin, as well as an expansion in mining capacity and new income from its AI business. Revenue for the third quarter increased 87% year-over-year to $50.6 million, with “digital asset revenue” making up $43.4 million, according to TeraWulf’s Q3 earnings report on Monday. In Q1, the company had reported a net loss, and in Q2, the miner’s revenue increased 34% year-over-year to $47.6 million.  “These increases were… Source link

by Tech In Asia

After the announcement, Iren raised its 2026 annual recurring revenue guidance from US$500 million to US$3.4 billion. Source link

by Tech In Asia

The company reported Q3 net profit of US$56.8 million, up from US$38.5 million a year earlier. Source link