Ethereum Allegedly Crashed! Cannot Make Transfers

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Infura, the infrastructure provider of Ethereum, allegedly collapsed. For this reason, transactions cannot be performed on Ethereum at the moment. It is claimed that there is a major problem with the network.

Following this incident, many major exchanges such as Binance and Upbit decided to cease withdrawals for Ethereum and ERC-20 tokens. Stock exchanges make statements one after the other, stating that withdrawals are temporarily suspended and investments are safe.

Making a statement on the subject, Tobby Kitty said that the situation does not concern Ethereum. The famous name said:

“Ethereum is the internet. If the owner collapses, this is not a matter of concern to the internet. This applies to anything running on Ethereum. Aave may collapse, CompoundFinance may collapse, Metamask may collapse .. There is nothing to do with Ethereum. ”

The Source of the Problem has been Identified

Infura announced on its official website that the source of the problem was determined and that they started work to fix it.

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