Paxos incident

Paxos - Crypto Transfers Incident Detected

Minor Resolved View vendor source →

Paxos experienced a minor incident on August 28, 2025 affecting Crypto Transfers and Crypto Transfers and 1 more component, lasting 3h 8m. The incident has been resolved; the full update timeline is below.

Started
Aug 28, 2025, 02:46 AM UTC
Resolved
Aug 28, 2025, 05:55 AM UTC
Duration
3h 8m
Detected by Pingoru
Aug 28, 2025, 02:46 AM UTC

Affected components

Crypto TransfersCrypto TransfersCrypto Transfers

Update timeline

  1. investigating Aug 28, 2025, 02:46 AM UTC

    We are currently experiencing delays in processing crypto deposits on our platform. Customers can still submit deposits, but processing will take longer than usual.

  2. identified Aug 28, 2025, 03:33 AM UTC

    The issue has been identified and a fix is being implemented.

  3. monitoring Aug 28, 2025, 04:58 AM UTC

    A fix has been implemented and we are monitoring the results.

  4. resolved Aug 28, 2025, 05:55 AM UTC

    This incident has been resolved.