Upbit Halts Osmosis blockchain Activity After Network Stall

Osmosis blockchain network error notification

The recent suspension of deposits and withdrawals for the Osmosis blockchain on South Korea’s leading exchange, Upbit, serves as a sobering reminder of the fragility inherent in decentralized finance infrastructure. On November 12, the Osmosis network experienced a catastrophic cessation of block production at height 74,955,152, effectively freezing the ledger. For users and liquidity providers, … Read more