Tag: Outage

Coinbase suffers another outage as Bitcoin breaks $67k

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Coinbase users around the globe reported $0 crypto balances once again as Bitcoin rallied over $67,000 for the first time in over two years.  As Bitcoin (BTC) set a 28-month high on Mar. 4, crypto exchange Coinbase suffered its second outage amid euphoria in the cryptocurrency market in less than a week. The crypto fear and greed index sat at 82, indicating strong interest from users and traders.  Crypto fear and greed index | Source: alternative.me During the first Coinbase outage of the year on Feb. 28, CEO Brian Armstrong…

Avalanche Blockchain Faces Outage Amid Inscription Wave: AVA Labs Investigates

The Avalanche blockchain has encountered a disruption due to a “stall in block finalization.” AVA Labs’ co-founder, Kevin Sekniqi, suggested that the problem might stem from a recent surge in inscriptions. Avalanche Hits Snag as Block Finalization Stall Disrupts Service Avalanche (AVAX) is grappling with a service interruption, echoing challenges previously seen on the Solana […] Source CryptoX Portal

Avalanche Fails to Produce Block for Almost Two Hours, Developers Rush to Fix Major Outage

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Cardano Founder Takes Jab At Solana After Major Outage

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On Tuesday, the Solana blockchain experienced a major outage that stopped the network’s mainnet operations for approximately 5 hours. The outage raised concerns about the blockchain’s stability and security as the incident became the 11th of the kind in the last 2 years. Kicking Solana When It’s Down? On February 6, the Solana blockchain network suffered a significant outage that lasted 4 and 46 minutes and disrupted the network’s operations, raising doubts about the blockchain and exposing the project to fierce criticism. The crypto community took no time to share…

Solana Suffers 11th Outage In 2 Years, SOL Price Drops 3%

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The Solana blockchain network is currently experiencing an outage, marking its 11th such incident in the past two years. As of the latest updates, Solana’s mainnet-beta has been non-operational for about two hours, with block progression coming to a standstill. Solana is down for 2 hours now | Solscan Solana Network Comes To A Standstill The issue was first noticed when Solscan and OKLink, two prominent block explorers, indicated a lack of new transactions on the network. The last recorded transaction was at 9:52 am UTC. Upbit, a crypto exchange,…

Arbitrum Network Faces Major Outage, ARB Token Faces 4% Decline

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Arbitrum (ARB), a prominent Ethereum scaling solution, encountered a significant downtime event on December 15, according to the network’s status page.  The incident prompted an immediate investigation into the root cause and the deployment of a fix. As of the time of writing, the Arbitrum One network remained inaccessible for over 60 minutes due to sequencer and feed issues. Arbitrum Struggles With Network Downtime The status update from Arbitrum acknowledged the problem, stating that the Arbitrum One Sequencer and Feed stalled at 10:29 AM ET amidst a notable surge in…

Aptos resumes operation after 5-hour outage that ‘impacted’ transactions

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Layer-1 blockchain Aptos Network has managed to bring its network back to normal operations after a lengthy five-hour outage that saw transactions on its network “impacted.” According to the Aptoscan network tracker, on-chain transactions on the Move language-based blockchain were halted 11:11pm UTC on Oct. 18 at block 104621314 — down for more than five hours. Aptos seemingly confirmed the outage with a post on X (formerly Twitter), noting: “Your energy for Aptos One was so electric, you cut the lights!” At the time, the team added that “transactions on…