|

Binance briefly pauses Ethereum withdrawals as network suffers 'minor hard-fork'

The Ethereum network has suffered what looks like a hard fork on Wednesday as reports emerged of outages and irregularities on infrastructure providers Infura and Blockchair.

While initially it was believed to be an internal issue in Infura, a hosting service used by some exchanges and service providers to interact with the Ethereum network, independent node operators reported issues as well.

During the incident, Binance has paused withdrawals and its CEO Chanpheng Zhao referred to a “possible chain split” as the culprit. The exchange has since resumed withdrawals at 10:20 UTC.

Blockchair, a popular block explorer, reported of a discrepancy between the blocks it saw and those published by Etherscan. After block 11234873 at 7:08 AM UTC, the two explorers began showing two different blockchains.

An image published by the team shows at least 14 blocks mined on a minority chain, which seems to indicate that some miners suffered from the issue as well.

As developers attempted to triage the issue, Peter Szilagyi, lead for major Ethereum node software Geth, hinted that the first action should be to upgrade to the newest release.

Shortly after, Blockchair reported that upgrading Geth fixed the issue, noting that there was likely an unplanned incompatibility introduced in new versions by Geth developers.

Szilagyi noted that Infura “is using an ancient version of Geth” and thus could have suffered from a similar synchronization problem.

In a conversation with Cointelegraph, Blockchair development lead Nikita Zhavoronkov said, “it seems that a minor hard fork occurred without anyone noticing it.”

According to him, developers “broke something in the latest releases,” which led to a consensus issue and an unplanned hard fork. Anyone who did not upgrade to the latest version was thrown off the rest of the network. Szilagyi put a different spin to the issue, saying that the new release “fixed a consensus bug.”

Either way, two parts of the network were unable to talk to each other, which caused significant — if temporary — issues. As of press time, Infura has yet to restore full functionality though.

Author

Cointelegraph Team

Cointelegraph Team

Cointelegraph

We are privileged enough to work with the best and brightest in Bitcoin.

More from Cointelegraph Team
Share:

Editor's Picks

Injective token surges over 13% following the approval of the mainnet upgrade proposal

Injective price rallies over 13% on Thursday after the network confirmed the approval of its IIP-619 proposal. The green light for the mainnet upgrade has boosted traders’ sentiment, as the upgrade aims to scale Injective’s real-time Ethereum Virtual Machine architecture and enhance its capabilities to support next-generation payments.

Solana Price Forecast: SOL slips below $82 as hawkish Fed tone sparks risk-off sentiment

Solana is trading below $82 at the time of writing on Thursday after failing to break out of the upper consolidation range over the weekend. The Minutes from the Federal Open Market Committee on Wednesday kept interest rates unchanged, but a less dovish tone that followed dampened risk appetite and pressured risky assets.

Warren warns crypto bailout would enrich Trump family biz: Report

Senate Banking Committee ranking member Elizabeth Warren has reportedly sent a letter to Treasury Secretary Scott Bessent and Federal Reserve chair Jerome Powell, urging them not to bail out “cryptocurrency billionaires” with taxpayer dollars. 

Top Crypto Gainers: World Liberty Financial, Sky, and Cosmos confront major resistance

World Liberty Financial, Sky, and Cosmos rank among the top gainers over the last 24 hours but face critical overhead resistance levels. WLFI gained momentum at the World Liberty Forum, an invite-only conference held at Mar-a-Lago by US President Donald Trump’s family, while SKY and ATOM reversed off a crucial support level. 

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

Bitcoin: BTC bears aren’t done yet

Bitcoin (BTC) price slips below $67,000 at the time of writing on Friday, remaining under pressure and extending losses of nearly 5% so far this week.