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ID:

binance-35

Date:

Status:

Incident Count:

March 15, 2022

Verified

5

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REKT

Contributor:

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zerofriction.io

KYC By:

KYC:

No

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Audit By:

Audits:

None

Loss Amount:

-

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Recovered:

-

Rewards:

Currency:

USD

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Key Indicators

Platform:

Type:

Category:

Method:

Data Sources:

Multi-chains

Exchange

Assets

Loss of Availability

Extended Method:

Upgrading of Nodes

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Days in Operation:

1931

(5.29 Years)

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After an extended Polygon outage on March 10, Binance temporarily paused deposits and withdrawals via Polygon on March 15. Although Binance reported it was "due to the network wide issues of the Polygon network", Polygon stated that "Polygon PoS network is stable, and working fine. All funds are safe. Binance is upgrading its nodes, and currently syncing the block data, hence they have paused the deposit and withdrawal." It was unclear why this would happen days after the original outage.

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