The Stellar network did not process transactions for hours, according to public data.


Multiple block researchers show that the most recent transaction occurred about five hours ago. According to a status report on Stellar’s website, “[c] some validators went off the network.” At 11:45 am, the status page said that the developers are “continuing to investigate and test a possible fix, but we are currently unable to provide an ETA for a fix.”

“[Stellar Development Foundation] engineers continue to investigate this incident, the organization said in its most recent message at 13:26 UTC. We are currently unable to provide an ETA for a correction, ”he said.

Crypto exchange Bitstamp said earlier Tuesday that Stellar’s local token XLM has temporarily suspended deposits and withdrawals in light of problems.

We temporarily suspended XLM deposits and withdrawals due to issues with the @StellarOrg network. We are monitoring the situation and will continue to keep you updated, ”he said.

We will continue to update the news as new information becomes available about the problem experienced in the Stellar network …


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