Paxos experienced a minor incident on December 1, 2025 affecting Crypto Transfers and Crypto Transfers and 1 more component, lasting 39m. The incident has been resolved; the full update timeline is below.
Affected components
Crypto TransfersCrypto TransfersCrypto Transfers
Update timeline
- investigating Dec 01, 2025, 01:01 AM UTC
At this time, we are experiencing an outage on the Transfers endpoints. As such, Crypto Withdrawals on ETHEREUM chain are impacted and customers may experience delays in processing.
- investigating Dec 01, 2025, 01:16 AM UTC
We are continuing to investigate this issue.
- monitoring Dec 01, 2025, 01:16 AM UTC
A fix has been implemented and we are monitoring the results.
- resolved Dec 01, 2025, 01:40 AM UTC
This incident has been resolved.