⛓️ Osmosis stops producing blocks for about 4 hours, Upbit freezes OSMO transfers
The Osmosis chain stopped producing blocks for roughly four hours, from about 22:57 UTC on Nov. 12 to 02:54 UTC on Nov. 13, according to its public RPC data, before blocks resumed. South Korea's Upbit suspended OSMO deposits and withdrawals on the Osmosis network, citing the halt in block production. Trading of OSMO on Upbit continues, and the exchange said transfers will reopen once it confirms the network is stable.
⭐ A multi-hour halt at one of Cosmos' main DEX chains is a reminder of liveness risk, and exchange transfer freezes can widen price gaps for OSMO until deposits and withdrawals reopen.
#Osmosis #OSMO #Cosmos #Upbit
The Osmosis chain stopped producing blocks for roughly four hours, from about 22:57 UTC on Nov. 12 to 02:54 UTC on Nov. 13, according to its public RPC data, before blocks resumed. South Korea's Upbit suspended OSMO deposits and withdrawals on the Osmosis network, citing the halt in block production. Trading of OSMO on Upbit continues, and the exchange said transfers will reopen once it confirms the network is stable.
⭐ A multi-hour halt at one of Cosmos' main DEX chains is a reminder of liveness risk, and exchange transfer freezes can widen price gaps for OSMO until deposits and withdrawals reopen.
#Osmosis #OSMO #Cosmos #Upbit
