Paxos experienced a major incident on September 3, 2026 affecting Crypto Transfers and Crypto Transfers, lasting 2h 37m. The incident has been resolved; the full update timeline is below.
Affected components
Crypto TransfersCrypto Transfers
Update timeline
- investigating Sep 03, 2026, 04:02 PM UTC
As of 15:27 UTC, we are experiencing delays in processing deposits and withdrawals on SOL and ETH. Customers may continue submitting these, but processing times may be longer than usual.
- investigating Sep 03, 2026, 05:29 PM UTC
We are continuing to investigate this issue.
- investigating Sep 03, 2026, 05:52 PM UTC
Transfers on ARB and SOL have had normal processing restored. Deposits and withdrawals on ETH continue to be delayed at this time.
- resolved Sep 03, 2026, 06:04 PM UTC
Deposits and withdrawal functionality has been fully restored and customers should see their transfers processing. This has been resolved.