Gate.io denies rumors of withdrawal issues following Multichain’s unrelated crisis

Crypto exchange Gate.io said on May 31 that its operations have not been impacted by other events, contrary to rumors circulating in the community. Gate.io reports zero issues Gate.io said that its withdrawals are working and that operations are healthy. It said that there are “no issues with our operations or withdrawals as rumored.” Speculation…

Multichain unable to contact CEO, has no access to project servers

The team behind cross-chain protocol Multichain said May 31 that they are unable to contact their CEO, who is known only as Zhaojun. As a result of the executive’s absence, the team said it is unable to access project servers. CEO is AWOL Zhaojun’s Twitter account has not displayed any activity since May 24, and there…

Dash experiences outage lasting over 18 hours

The Dash blockchain has experienced a multi-hour outage and the network is now waiting for node operators to upgrade their software. Samuel Westrich, CTO of Dash Core Group, said on May 21 that the network experienced a problem while activating v19 of Dash Core. He wrote: “The chain is stalled and currently not producing blocks….

Avalanche C, X-chains experience brief outage due to network bug

Ad Avalanche chains X and C experienced brief outages and a period of degraded performance on March 23, as the result of a bug in the network’s 1.9.12 version. Avalanche’s C-chain experienced an hour-long outage and was unable to produce any blocks during that time, according to data from AVAScan. Block production stopped at 07:25…

How Solana is fixing outages, and the challenges it will tackle in 2023

For Solana (SOL), 2022 has been an especially tumultuous year. With revelations of the now defunct crypto exchange FTX’s insolvency in early November, SOL price cratered 55% during the month. As of press time, SOL was trading at $11.15, down 70%  from its November peak of $37.73. Solana last traded at this level in February…

Nexo resolves real-time audit outage laying insolvency rumors to rest

Nexo announced that it has resolved the bug that stopped displaying the real-time audit of its assets and liabilities. A Nexo representative confirmed to CryptoSlate that “the Armanino timeout has been resolved and it’s all up and running now.” Earlier today, the company said it experienced similar oracle technical difficulties in the past and has…

Alameda Research website goes private following FTX collapse

Alameda Research, the trading firm founded by FTX CEO Sam Bankman-Fried, has put its website into ‘private mode.’ The Squarespace-hosted website was updated on Nov. 9 to only be viewable to internal team members without any public announcement. Alameda Research FTX investment companies’ websites down SBF owned roughly 90% of the company as of 2021,…

Cloud service provider Hetzner blocks access for Solana validators over TOS breach

Cloud service provider Hetzner has stopped providing its services to Solana (SOL) validators, according to a screenshot shared by stake pool operator SolBlaze on Nov. 2. 🚨⚠️ Hetzner just kicked off all @solana nodes hosted on their infrastructure. ⚠️🚨 Over 20% of stake weight on mainnet-beta is delinquent, with thousands of validators offline. If you…

Ethereum lead developer saved Avalanche from over $24B ecosystem crash

Ethereum developer Péter Szilágyi has released a vulnerability report detailing how a bug he found in Avalanche would have crashed the entire network. Péter Szilágyi on March 29, 2022, identified a bug in Avalanche’s PeerList package which would have been easily exploited by a malicious actor. He reached out to Avalanche’s developer team and they…

Acala submits governance proposal to burn $1.28B aUSD following investigation of exploit

Polkadot ecosystem’s stablecoin Acala ($aUSD) suffered an exploit over the weekend that led to a malicious actor minting $1.2 billion out of thin air. The Acala team “paused” operations via an emergency governance proposal to investigate the issue. On August 15, a governance proposal was submitted to “effectively burn” $1.288 billion aUSD following the release…