Paxos incident

Paxos - Crypto Transfers Incident Detected

Resolved after 1 hour 9 minutes, affecting Crypto Transfers and Crypto Transfers and 1 more, on August 1, 2026.

monitoring Aug 01, 2026, 10:26 AM UTC

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

Started
Aug 01, 2026, 09:36 AM UTC
Resolved
Aug 01, 2026, 10:45 AM UTC
Duration
1h 9m
Detected by Pingoru
Aug 01, 2026, 09:36 AM UTC

Affected components

Crypto TransfersCrypto TransfersCrypto Transfer Fees

Update timeline

  1. investigating Aug 01, 2026, 09:36 AM UTC

    We are investigating an issue affecting some customers using the Crypto Withdrawal API and Withdrawal Fee API. Customers may see crypto withdrawal fee quotes with more than two decimal places, and some exact-balance crypto withdrawal requests may fail with an Insufficient Funds response when the available balance does not cover both the withdrawal amount and the associated network fee. We are actively investigating and will share another update as soon as possible.

  2. identified Aug 01, 2026, 09:42 AM UTC

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

  3. monitoring Aug 01, 2026, 10:26 AM UTC

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

  4. resolved Aug 01, 2026, 10:45 AM UTC

    This incident has been resolved.

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