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DeFi

Uphold Resolves Platform Crypto Withdrawal Disruption

Uphold announced that a crypto withdrawal disruption has been resolved after working around an outage at its transaction-monitoring provider.

Uphold Resolves Platform Crypto Withdrawal Disruption
Image: BullishMarketCap

Crypto platform Uphold has resolved a disruption impacting digital asset withdrawals, according to TheDefiant. The platform stated that fiat deposits, withdrawals, and trading continued to operate normally while the company worked around an outage affecting its third-party transaction-monitoring provider.

Operational Impact

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While crypto withdrawals faced interruptions during the incident, Uphold maintained standard operations for fiat-based activities and broader trading services. The disruption stemmed entirely from external infrastructure issues involving the platform's transaction-monitoring vendor.

Key facts

  • Uphold marked its crypto withdrawal disruption as fully resolved.
  • Fiat deposits, withdrawals, and trading operations continued normally throughout the incident.
  • The disruption was caused by an outage at the platform's transaction-monitoring provider.
#Uphold#Crypto#DeFi

Source: thedefiant.io

This article is for information only and is not investment advice. BullishMarketCap news is produced with AI assistance from public sources and reviewed by our editors; see our editorial policy. Spotted an error? Tell us.

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