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Bitfinex Pauses XLM Withdrawals Due to Issues on Stellar Blockchain

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Tue, 6/04/2021 - 11:15
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Bitfinex Pauses XLM Withdrawals Due to Issues on Stellar Blockchain
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The CTO of Bitfinex and Tether, Paolo Ardoino, has just tweeted that the Bitfinex exchange has held up XLM withdrawals due to issues on the Stellar blockchain.

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Image via Twitter

According to the announcement made by the Stellar team, there are some issues with the Stellar Horizon service. Some validators have dropped out of the network. The team is working to solve this problem.

The SDF horizon endpoint will be the first to restore.

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Image via status.stellar

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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