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Home Latest News Ethereum Ethereum Infrastructure Provider Down; Binance Disables Withdrawals

Ethereum Infrastructure Provider Down; Binance Disables Withdrawals

Ethereum (ETH) infrastructure provider Infura went down just over an hour ago, leading in a price feed delay of ETH and ERC-20 tokens, as well as several exchanges disabling withdrawals.

“We are currently experiencing a service outage for our Ethereum Mainnet API,” said Infura at 8:12 UTC this morning on their website. “Our on-call team is investigating and working to restore service functionality.” According to Cryptonews.com, they soon released an update saying that they have “identified the root cause and are preparing a fix to restore service functionality.”

The status page displays “major” outages, including mainnet filters, archive data, logs, and two more.

As a result, the price feeds for ETH and ERC-20 tokens for some services have been delayed, meanwhile the main crypto exchange Binance has announced a temporary disabling of withdrawals. Changpeng Zhao, the CEO of Binance said in a now-deleted tweet that the funds are unaffected.ETH is currently trading at USD 456, having gone up 1.6% in a day and 20.4% in a week.

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