Phantom: Platform experienced unprecedented load and is back up and running

Phantom stated on X platform that the Phantom system has resumed operation. Today, the platform experienced an unprecedented load, temporarily overwhelming the system. The team is making every effort to ensure the smooth progress of next week's JUP airdrop, and more details will be coming soon.

Phantom

Comments

All Comments

Recommended for you

CointimeSG ·

Why Is the Future of Cardano (ADA)? News Analysis and Price Prediction [2025–2030]

The recent rally of ADA has even surpassed the upward momentum of Bitcoin and meme tokens. Cardano’s founder recently confirmed his involvement in shaping US crypto rules.
CointimeSG ·

Hong Kong to Waive Tax on Crypto Gains for Sophisticated Investors

Hong Kong's proposal also includes tax exemptions to pension and endowment funds, expanding the range of assets covered under existing law.
CointimeSG ·

Ex-Revolut duo raise $2.3 million to build 'blockchain bank account' Bleap

Quick Take Bleap has raised $2.3 million in a pre-seed funding round led by Ethereal Ventures to launch a self-custodial stablecoin payments app. Bleap is currently in beta with select EU users, with a full public deployment scheduled for Q1 2025 and a token launch expected in 2026.
CointimeSG ·

Microsoft breakthrough signals quantum-exclusive future for blockchain mining

The new hardware could ultimately host a theoretical algorithm with the potential to transform proof-of-work.
CointimeSG ·

Tornado Cash Ruling a Boon For Ethereum and DeFi Says 10X Research

While privacy coins as a category have since tapered off, decentralized finance's market cap has jumped 8.2% on the day.
CointimeSG ·

Former UK Minister Joins Axiom's $75 Million Bitcoin Venture Fund Push

Steve Baker was appointed the newest Advisor of the BTC-focused venture capital firm Axiom. He joins the long list of public servants who decided to switch from politics to blockchain technology.
CointimeSG ·

Standard Chartered and Zodia Markets forecast stablecoin usage could reach 10% of U.S. M2 and FX transactions

Stablecoins currently make up 1% of U.S. M2 and FX transactions, but they could feasibly reach 10% of each measure as the sector gains legitimacy, analysts said.
CointimeSG ·

$13.6B in Bitcoin options expire Friday — Can bulls push BTC price to $100K?

Can this week’s $13.6 billion Bitcoin options expiry trigger a BTC price rally to $100,000 and beyond?
CointimeSG ·

Operation Chokepoint 2.0: Crypto Founders Silenced by 'Secret' Debanking?

Operation Chokepoint originates from an Obama-era program that cut off financial services to industries deemed controversial or high-risk.
Scam Sniffer: Crypto-Malware "Meeten" Renamed to "Meetio", Reminding Community to Be Vigilant

Scam Sniffer posted on X platform, stating that the crypto conference malware "Meeten" has been renamed to "Meetio". The community is warned to be vigilant, as the renamed application is just a "disguise" and still poses a security threat.