Paxos incident

Paxos - Crypto Transfers Incident Detected

Minor Resolved View vendor source →

Paxos experienced a minor incident on June 4, 2025 affecting Crypto Transfers and Crypto Transfers and 1 more component, lasting 3h 36m. The incident has been resolved; the full update timeline is below.

Started
Jun 04, 2025, 04:46 PM UTC
Resolved
Jun 04, 2025, 08:23 PM UTC
Duration
3h 36m
Detected by Pingoru
Jun 04, 2025, 04:46 PM UTC

Affected components

Crypto TransfersCrypto TransfersCrypto Transfers

Update timeline

  1. investigating Jun 04, 2025, 04:46 PM UTC

    At this time, we are experiencing an outage on the Transfers endpoints. As such, Crypto Withdrawals to Ethereum network are impacted and customers may experience delays in processing.

  2. identified Jun 04, 2025, 07:10 PM UTC

    Our Engineering team is actively working on a resolution.

  3. monitoring Jun 04, 2025, 07:55 PM UTC

    The issue has been resolved. The backlog of pending withdrawals to the Ethereum network should be processed shortly.

  4. resolved Jun 04, 2025, 08:23 PM UTC

    This incident has been resolved.