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Detail Analysis

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Date:

Status:

Count:

March 15, 2022

Verified

4

Contributor:

zerofriction.io

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KYC By:

KYC:

None

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Audit By:

Audits:

None

Loss Amount:

-

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Recovered Amount:

-

Currency:

Dollars

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Key Indicators

Platform:

Type:

Category:

Method:

Data Sources:

Multi-chains

Exchange

Assets

Loss of Availability

Extended Method:

Upgrading of Nodes

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After an extended Polygon outage on March 10, Binance temporarily paused deposits and withdrawals via Polygon on March 15. Although Binance reported it was "due to the network wide issues of the Polygon network", Polygon stated that "Polygon PoS network is stable, and working fine. All funds are safe. Binance is upgrading its nodes, and currently syncing the block data, hence they have paused the deposit and withdrawal." It was unclear why this would happen days after the original outage.

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DISCLAIMER: While Zero Friction LLC has used the best efforts in aggregating and maintaining this database, Zero Friction LLC makes no representations or warranties with respect to the accuracy or completeness, and specifically disclaim any implied warranties of merchantability or fitness for any particular purpose. 

Under no circumstances, shall Zero Friction LLC be liable for any loss of profit or funds, any regulatory or governmental penalties, any legal costs, or any other commercial and non-commercial damages, including but not limited to special, incidental, consequential, or other damages from any or all usage of the dataset or information derived from our database.