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Which companies just had a verified incident, who lends to them and who owns them. Every claim carries its evidence level and its source. How we decide what is confirmed

Global Financial Service Disruptions

Paxos

crypto custodian · US · North America

UnexplainedStatus: resolvedTier 2Severity 1 of 5Evidence confidence: highAnalyst-verified

Paxos status page: "Paxos - Crypto Transfers Incident Detected", from 17 Oct 21:57 UTC to 17 Oct 22:12 UTC.

First disruption
Oct 17 21:57 UTC
First public signal
Oct 17 21:57 UTC (status page post)
Acknowledged
Oct 17 21:57 UTC
Restored
Oct 17 22:12 UTC
Duration
0.2 hours
DFX first recorded
Nov 5 14:58 UTC

What was restricted

withdrawalstransfers outScope: single service

Paxos - Crypto Transfers Incident Detected

Cause, kept in separate layers

What the institution said
At this time, we are experiencing a degradation of the transfer/fees/crypto-withdrawal endpoint. As such, Crypto Withdrawals are impacted and customers may experience delays in processing.
DFX classification
Unexplained (cyber: unconfirmed)
Conflicting reports
Start is the first status post, not necessarily the first disruption.

Evidence

Other restrictions at Paxos