Paxos experienced a minor incident on October 6, 2025 affecting Crypto Transfers and Crypto Transfers and 1 more component, lasting 1h 55m. The incident has been resolved; the full update timeline is below.
Affected components
Crypto TransfersCrypto TransfersCrypto Transfers
Update timeline
- investigating Oct 06, 2025, 12:51 PM UTC
At this time, we are experiencing an outage on the Transfers endpoints. As such Crypto Withdrawals on Ethereum network are impacted and customers may experience delays in processing.
- identified Oct 06, 2025, 12:52 PM UTC
The issue has been identified and a fix is being implemented.
- monitoring Oct 06, 2025, 01:39 PM UTC
A fix has been implemented and we are monitoring the results.
- resolved Oct 06, 2025, 02:47 PM UTC
This incident has been resolved.