The post TON Network Experiences Block Generation Issue, Binance and Bybit Suspend Withdrawals appeared first on Coinpedia Fintech News
Tonscan data shows that the Ton network has not generated any blocks for nearly 3 hours, and the latest block was generated at 06:11:46 UTC+8. This incident has caused great concern among Toncoin users and investors. In response to this situation, Binance has officially suspended all withdrawals via the TON network. Due to the network instability, Bybit has also suspended all deposits and withdrawals through the TON network. Notably, the TON blockchain crashed just days after Telegram’s CEO was arrested in France.