Blockchain Restores Services After Outage, Promises 'Post-Mortem' Review
More than a day after bitcoin wallet provider Blockchain.info first indicated it was experiencing a severe outage, its services have been fully restored, a company blog post has revealed. Issues began with Blockchain noting that it had suspended SharedCoin transactions in what was initially suspected to be a short delay. However, that announcement, made on 17th March, proceeded a long period of downtime that extended into the late evening the next day. Blockchain updated users that all Blockchain services were operational again as of 10pm PST, 18th March. As of 10pm PT, 5am UTC Blockchain....
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Just an update to a post published on Tuesday with regard to Blockchain.info services being partially down. As of Tuesday evening, all services (which include the ever-popular web wallet) have been restored, according to a post made on the official Blockchain blog. They said: You will now be able to access the services exactly as you did before the outage. Just log in using your browser or mobile application and enter your password and second-factor authentication, if enabled. Your wallet has not been affected by the outage and everything should be exactly as you left it. The Blockchain....
While some piled on the layer-one blockchain for its network hiccup, others offered support. Yesterday, a nearly six hour network outage from Solana, a layer-one blockchain known for its high throughput, drew both jeers and support from traders and developers across the smart contract space. “At approximately 1:46pm UTC on December 4th, 2020, the Solana Mainnet Beta cluster stopped producing blocks at slot 53,180,900, which prevented any new transactions from being confirmed,” a live update blog post from Solana reported. The outage lasted roughly five and a half hours before over 200....
A seven-hour Sequencer outage prevented transactions from being processed for the period, but all is operational again at the time of publication. The Ethereum layer-two network Arbitrum has suffered its second outage in less than five months following a hardware failure.Arbitrum is back online at the time of writing but the team did report some downtime during the late hours of Jan. 9. The timing of the tweets suggests that the network was down for around seven hours.At the time, the Offchain Labs platform reported that it was experiencing some issues with the sequencer which prevented....
Bitcoin storage provider and payment processor Coinapult is back online following a hack-related outage last month. Following a series of security improvements, Coinapult users can now deposit funds and 'lock' and 'unlock' their bitcoin to fiat currencies or assets. They were previously given login access on 21st March and withdrawals were re-enabled five days later. The hot wallet attack, which occurred on 17th March, resulted in the loss of 150 BTC (approximately $42,900). Coinapult announced it was halting all operations via Twitter the same day. At the time, Coinapult COO and CFO....
Cream Finance is a decentralized finance protocol to repay users for the flash loan hack on its platform. The hack of nearly $19 million occurred on Aug 30, 2021. Cream Finance puts news of a post-mortem to the massive exploitation of the AMP flash loan. The protocol promises to repay the stolen Amp (AMP) and Ether (ETH) coins. It plans on footing its promise by allocating 20% of all the protocol fees until the debt is fully paid. Furthermore, the protocol will post collateral with the pertinent parties at AMP. It will also involve the Flexa digital payments network, the creators, for the....