Infura is Down! Binance Suspends Altcoin Transactions

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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.


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