$1.88M Wiped Out As Sui Blockchain Suffers Third Outage Before Recovery
Leveraged traders betting on a price recovery got hit hardest when the Sui blockchain went down for the third time in under 48 hours. Data from CoinGlass shows that long positions accounted for $1.72 million of the $1.88 million in SUI liquidations recorded during the latest disruption. Related Reading: $10M In Bitcoin: Texas Breaks From […]
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The proof-of-stake (PoS) blockchain network Solana suffered another outage on September 30 and the network restart did not take effect until six hours later on October 1. Solana has suffered a myriad of network outages during the last year, and the blockchain’s latest downtime caused the network’s native currency to slide 4% lower against the U.S. dollar in the last 24 hours. Solana’s Blockchain Deals With More Downtime — Misconfigured Node Blamed for the Outage Solana’s network had an outage again after validators failed to process blocks due to a....
Some unfortunate news is in the bitcoin books. Following an outage of global digital currency exchange Bitfinex, everybody’s favorite coin has undergone quite a plunge, and is hovering around $671 USD at press time, a drop of nearly $100 in the last 48 hours. Bitcoin Price Plunges Following Bitfinex Outage. As Bitcoinist.net recently wrote: “The Bitcoin price has taken a tumble today with the Bitfinex trading outage, starting around 5 PM Eastern Time, and continuing into the night… Bitfinex is citing “server migration issues” as the source of the outage delaying their projected re-launch....
The Bank of Venezuela, one of the biggest state banks in the country, is now experiencing an outage that has left its customers without services for five days. The bank published a PR statement stating this was the result of a “terrorist attack” on the national financial system, being perpetrated in the form of a massive hack. More than 16 million customers are still without banking services at the time of writing.
Bank of Venezuela Hacked In “Terrorist Attack”
The Bank of Venezuela, one of the biggest financial institutions in the country, servicing....
On Friday, users leveraging the Web3 wallet Metamask complained about service outages after Infura, Metamask’s default endpoint suffered from a “major outage.” The wallet company addressed the situation and explained the problems were due to Infura combating an outage.
Metamask Users Deal With Connection Issues After Infura Suffers From Service Disruption
One of the most popular Web3 cryptocurrency wallets Metamask had issues today after the software’s default endpoint suffered from a “major outage.” On April 22, 2022,....
The layer-2 scaling solution has been down for over 11 hours as users are wondering what the hold-up is on fixing a bug that compromised network consensus. Layer-2 Ethereum scaling solution Polygon has not produced a new block for over 11 hours, with developers attributing the issue to a technical upgrade on the network.On March 10 at 4:20 pm UTC, Polygon (MATIC) network developers notified users on the project’s forum that there would likely be downtime starting at about 5:50 pm UTC due to maintenance required on one of the network’s three layers. A recent upgrade is thought to have....