Hot Development: Infura Crashed! Binance and Giant Exchanges Suspend These Altcoin Transactions - News-Credit-Mortgage-Coin

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Thursday, November 12, 2020

Hot Development: Infura Crashed! Binance and Giant Exchanges Suspend These Altcoin Transactions

 



Ethereum infrastructure provider Infura has crashed. Due to this development, Bitcoin exchanges started to suspend ETH and ERC-20 withdrawals.


Ethereum infrastructure provider Infura collapsed! Bitcoin exchanges suspend ETH and altcoin transactions

Ethereum infrastructure provider Infura is currently facing a service outage. The problem is causing delays in the transactions of ETH and ERC-20 tokens. Due to this problem, some cryptocurrency exchanges, including Binance, have begun to suspend ETH and ERC-20 withdrawals. Infura made the following statement on the subject in the first place:


This cut caused crypto exchanges such as Binance to suspend ETH and ERC-20 withdrawals. In addition, the popular Ethereum wallet MetaMask, where Infura is used by default, is also experiencing certain problems. Binance CEO Changpeng Zhao also made a statement on the subject and said:


IN BLOCK 11234873, THERE WAS A POSSIBLE ETH CHAIN ​​SPLIT. ETHERSCAN AND BLOCKCHAIR SHOW TWO DIFFERENT CHAINS AND DATA AFTER THIS BLOCK. WE ARE SOLVING NOW, BUT WE HAVE CLOSED THE WITHDRAWAL PROCEDURES TEMPORALLY. FUNDS ARE SAFE.


Infura: We provide additional capacity for affected components online

Infura said in its second statement that it is providing additional capacity online for affected components and continues to assess the root cause of the outage. Affected components include Ethereum mainnet archive data, mainnet filters, mainnet logs, mainnet WebSocket JSON-RPC API and mainnet HTTPS JSON-RPC API. All these segments are experiencing "big" interruptions.

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