By using this site, you agree to the Privacy Policy..
Accept
Latest cryptocurrency newsLatest cryptocurrency newsLatest cryptocurrency news
  • BITCOIN
  • Crypto Tracker App
  • ETHEREUM
  • RIPPLE
  • Crypto News
  • FINANCE NEWS
  • BLOCKCHAIN
  • CONTACT
  • TURKISHTURKISHTURKISH
Reading: Arbitrum Network Overcomes Outage and Restores Full Functionality
Share
Font ResizerAa
Latest cryptocurrency newsLatest cryptocurrency news
Font ResizerAa
  • BITCOIN
  • Crypto Tracker App
  • ETHEREUM
  • RIPPLE
  • Crypto News
  • FINANCE NEWS
  • BLOCKCHAIN
  • CONTACT
  • TURKISHTURKISHTURKISH
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> BH NEWS.
Powered By LK SOFTWARE
Latest cryptocurrency news > ALTCOIN > Arbitrum Network Overcomes Outage and Restores Full Functionality
ALTCOIN

Arbitrum Network Overcomes Outage and Restores Full Functionality

BH NEWS
Last updated: 16 December 2023 11:52
BH NEWS 2 years ago
Share
SHARE

Arbitrum (ARB), in the early hours of the day, came to a halt due to a network outage. Following the outage, Arbitrum announced that all systems were back up and running after a brief network interruption.

Arbitrum, operating on the Ethereum (ETH) Blockchain, reported that a stop in a sequencer caused by an increasing number of Bitcoin Ordinals-inspired writings resulted in a temporary interruption of approximately an hour and a half. It was indicated that all systems are currently operational.

A person working as a data researcher at Dragonfly VC, using the pseudonym Hildobby, commented on the personal X account about the Arbitrum network outage. They noted that 90% of the transactions on the network were related to writings before the outage, stating that the network stoppage was caused by a writing named ‘fair’.

According to the update from Arbitrum, it was emphasized that the transaction fees (gas fee) on the network have been balanced and all transactions have returned to normal. The Arbitrum team continues to gather more information about the network outage and will provide a full analysis in the coming days.

Harry Kalodner, co-founder and Chief Technology Officer of Offchain Labs, the development company behind Arbitrum, said in a statement on his personal X account, “Today was a challenging day. There are many lessons to be learned, and there is a lot of work to be done for Arbitrum to deliver the excellence that people rightly expect. Engineering in Web3 is hard, but we are all here to build a better future,” he said.

You can follow our news on Telegram, Twitter ( X ) and Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

You Might Also Like

Altcoins MATIC and LTC Close to $10 Billion Valuation Surge

Binance Supports Terra Luna Classic

Pi Network Hits Global Market with Major Milestone

Shiba Inu’s SHIB Sees 300% Surge in Large Transaction Volume

Toncoin Achieves New Milestones in the Crypto Arena

Share This Article
Facebook X Email Print
Previous Article Cardano Surpasses Ethereum in a Sudden Movement as ADA Price Rises
Next Article Chainlink Displays Significant Activity: Potential Bullish Trends Ahead
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Bumpy Ride for Bitcoin in Light of Inflation Insights
Cryptocurrency
Bitcoin Takes a Hit as Inflation Report Comments on Market
Cryptocurrency
Bitcoin’s Roller Coaster: Challenges and Strategies in Today’s Market
Cryptocurrency
Bitcoin’s Dance with Resistance: Can Support Levels Hold the Line?
Cryptocurrency
Kalshi’s New Media Collaboration: A Deep Dive into Prediction Markets
DEFI
Bitcoin’s Dual Nature: Tech Stock or Store of Value?
BITCOIN News

CRYPTOCURRENCIES

  • Avalanche (AVAX)
  • Cardano (ADA)
  • CHAINLINK (LINK)
  • Solana (SOL)
about us

Stay informed with BH NEWS, your trusted source for the latest cryptocurrency news, trends, and analysis. From market updates to blockchain innovations, we deliver the insights you need to navigate the world of digital assets confidently.

OUR PARTNERS

  • COINTURK NEWS
  • NEWSLINKER
  • 21MILYON
  • COINTURK

Corporate

  • About Us
  • Cookie Policy
  • Contact

Find Us on Socials

© 2025 BLOCKCHAIN Information Technologies. >> BH NEWS.
Powered By LK SOFTWARE
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?