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:
We are currently experiencing a service interruption in our ETHEREUM MAINNET API. OUR CALLING TEAM IS WORKING AND DOING RESEARCH TO RETURN THE WORK TO NORMAL.
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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.