Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»BITCOIN NEWS»Avalanche C-Chain experiences block production interruption, AVAX price reacts
BITCOIN NEWS

Avalanche C-Chain experiences block production interruption, AVAX price reacts

By Crypto FlexsFebruary 23, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Avalanche C-Chain experiences block production interruption, AVAX price reacts
Share
Facebook Twitter LinkedIn Pinterest Email

In recent developments, the Avalanche (AVAX) C-Chain encountered Block production was severely disrupted, halting for over an hour. The outage affecting the underlying network was observed via the Avascan browser, with the last transaction recorded at block 42046853 (19:13 UTC+8).

Other subnets experienced some delays, but the primary network was most affected.

Avalanche C-Chain block production discontinued

Ava Labs, the team that developed the Avalanche protocol, acknowledged the issue and immediately began investigating. Depending on the According to Avalanche co-founder Kevin Sekniqi, the outage is believed to be related to a new wave of inscriptions that began about an hour before block production stopped.

Sekniqi said he was confident the incident was caused by an “esoteric bug” resulting from an untested edge case, and emphasized the need for a quick resolution.

The outage is believed to be related to a mempool processing issue, specifically related to inscriptions, which resulted in an untested edge case.

When asked about the likelihood of such untested scenarios occurring, Sekniqi acknowledged that ideally there should be no untested edge cases, but that the massive codebase and constant updates make it difficult to predict all possible scenarios.

Avalanche C-Chain outage notification. Source: @PeckShield on X

The Avalanche co-founder further clarified that while thorough testing will be conducted on the testnet, the complexity of the mainnet environment may lead to “unforeseen issues.”

At this time, Avalanche Protocol has not released any further official statement and is awaiting further reports and updates from the development team to gain further insight into the situation.

AVAX price falls

While the block production outage occurred, the price of AVAX, which serves as the native token for the Avalanche protocol, reacted negatively, further extending the ongoing downward trend observed since Thursday when the price was at $43.

Currently, the AVAX price has reached $36.13, down over 2% in the last 24 hours and a significant decline of 11.7% over the past 7 days.

avalanche
The daily chart shows that the price of AVAX is trending downward. Source: AVAXUSD on TradingView.com

The subsequent actions taken by the Avalanche team in response to this situation and the resulting impact on AVAX prices are yet to be determined.

Featured image from Shutterstock, chart from TradingView.com

Disclaimer: This article is provided for educational purposes only. This does not represent NewsBTC’s opinion on whether to buy, sell or hold any investment, and of course investing carries risks. We recommend that you do your own research before making any investment decisions. Your use of the information provided on this website is entirely at your own risk.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Expect what XRP ETF is approved by the SEC

September 9, 2025

Cardano founder says Chainlink quotes ‘ridiculous price’ to them.

September 3, 2025

The US government posts GDP data on Bitcoin block chain.

August 28, 2025
Add A Comment

Comments are closed.

Recent Posts

BitMine Immersion (BMNR) Announces Crypto And Cash Holdings Of $10.8 Billion, ETH Holdings Exceeding 2.151 Million

September 15, 2025

How SWLMiner Could Help You Get The IPhone 17 Air

September 15, 2025

Metabuses are increasing again -Records in August +13k NFT users

September 15, 2025

Rabby Wallet integrates XRPL EVM chain with peersyst

September 15, 2025

Stop Dreaming About The Lottery. Join H Mining And Start Earning!

September 14, 2025

Web3 EXEC warns that the US dollar Stablecoin end game is not priced.

September 14, 2025

Binance’s new Defi Initiative sparked Rollish Momentum, and BNB hit a new ATH of more than $ 900.

September 13, 2025

Top 5 Crypto PR Agencies to Scale Your Blockchain Project in Europe

September 13, 2025

The price of Etherrium surges beyond $ 4,500. -Main level for monitoring more profits

September 12, 2025

BNBCapital Emerges As Top Immutable DeFi Protocol With 239% Returns And Zero Admin Functions

September 12, 2025

MEXC Enhances Futures Trading With Multi-Asset Margin Mode Across 14 Tokens

September 12, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

BitMine Immersion (BMNR) Announces Crypto And Cash Holdings Of $10.8 Billion, ETH Holdings Exceeding 2.151 Million

September 15, 2025

How SWLMiner Could Help You Get The IPhone 17 Air

September 15, 2025

Metabuses are increasing again -Records in August +13k NFT users

September 15, 2025
Most Popular

Should Sam Bankman-Fried get 50 years in prison?

March 20, 2024

The analyst issues a Solana warning and predicts a deep correction for SOL in the coming months. Here are his cons goals

January 10, 2024

Solana’s $160 Resistance Rejected – Will SOL Fall to $120?

May 10, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.