Crypto.com reverses ‘illegitimate trades’ amid prolonged downtime for the ex...
Some customers appear to have exploited the exchange’s database issues for person gain. A database issue has led to prolonged downtime for the Crypto.com exchange. According to a series of tweets published by platform’s CEO, Kris Marszalek, the exact cause of these issues remains unknown. Marszalek did confirm, however, that some users had taken advantage of the situation by manipulating the ETH/USDT price prior to the outage.These users locked in gains by selling other crypto “en masse”, allowing them to conduct what the CEO referred to as “illegitimate trades.” After discovering the....
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Earlier this week it was reported that bitcoin's main forum had experienced some unexpected downtime. As we've gotten accustomed to from other incidents with bitcointalk, the discussion was taken to the bitcoin subreddit where theymos, the forum's administrator, confirmed that there were some issues with the storage disks. After he claimed to have fixed the problems and brought the forum back online, users are unable to access the forum once again. Bitcointalk's downtime and data loss. Theymos finally posted an update on the situation hours after users had started complaining about the....
European bitcoin exchange BTC-e was offline for several hours today after the site said that it was the target of a distributed denial-of service (DDoS) attack. The site is intermittently available at press time, though according to data produced on the exchange’s front page, trades are being executed amid the user connectivity problems. Posts on social media suggest that the downtime lasted as many as four hours. The exchange previously reported that it was being attacked, and the downtime sparked concerns that the exchange had been compromised. The exchange, believed to be located....
Bitcoin exchange Mt. Gox announced on Saturday that they would be having a six-hour planned downtime on all bitcoin deposits and internal transfers. The temporarily halt on the deposits and transfers are taking place now (6PM-12AM JST). According to the Tokyo-based exchange, the downtime will allow for the implementation of fix to the transaction malleability flaw that brought down customers' ability to withdraw funds out of the exchange. Gox notes that the downtime window is only an approximation, and perhaps more importantly, makes note of the fact that it will be another stretch of time....
The Arbitrum network, an Ethereum L2 (Layer 2) rollup, experienced some difficulties that caused a complete stop in the production of blocks and the confirmation of transactions. According to reports from the Arbitrum team, this incident had to do with downtime regarding its sequencer, a special node that manages the order of transactions, leaving the network unusable for approximately seven hours.
Arbitrum Stalls for 7 Hours
The network of Arbitrum, an optimistic scaling rollup for the Ethereum network, stopped completely on January 9, leaving users unable to make transactions....
Mt. Gox has stopped bitcoin deposits and all internal bitcoin transfers for a short site maintenance update, roughly from 6pm to 12am Japan time on 15th February. According to a notice posted on Gox's News page, the downtime is part of its implementation of a solution to the 'transaction malleability' issue that has seen the exchange halt all external bitcoin withdrawals and face criticism from some sectors of the bitcoin economy. The downtime probably won't affect too many users. With Mt. Gox's bitcoin price now hovering around the $342 mark (at least $300 below the CoinDesk BPI) and the....