Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • CASINO
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • CASINO
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

Carv can be used for transactions!

August 10, 2025

Bitfinex Alpha | While the market is waiting for the catalyst, BTC is integrated and leverage falls.

August 4, 2025

Is it really possible to sell Memecoins?

July 29, 2025
Add A Comment

Comments are closed.

Recent Posts

A Global Initiative To Transform Crypto Education From The Ground Up

August 11, 2025

Cango Inc. Acquires 50 MW Bitcoin Mining Facility In Georgia, Laying Groundwork For Future Energy Strategy

August 11, 2025

SIM Mining Cloud Mining Allows Global Investors To Easily Earn BTC And DOGE Profits Using Just Their Smartphones (daily Income Of $23,999 USD)

August 11, 2025

MultiBank Group Delivers Record H1 Results With $209M Revenue And MBG Token Driving 7X Returns Since Launch.

August 11, 2025

The Animoca brand invests in a nice cat

August 11, 2025

Is Alt Season finally here, just as Ether Lee’s tearing and a small cap follows?

August 11, 2025

Flareonix airdrop is live! Under the share of 100m FXP today!

August 11, 2025

Carv can be used for transactions!

August 10, 2025

Ethereum (ETH), SEI (Sei), and Bonk (Bonk) gathered in July, but one token is prepared to dominate next.

August 10, 2025

Floki and OnDo expand their profits as Robinhood Listing strengthens.

August 10, 2025

Vitalik Buterin regains the title of ‘Onchain Billionaire’, where ether reaches $ 4.2K.

August 10, 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

A Global Initiative To Transform Crypto Education From The Ground Up

August 11, 2025

Cango Inc. Acquires 50 MW Bitcoin Mining Facility In Georgia, Laying Groundwork For Future Energy Strategy

August 11, 2025

SIM Mining Cloud Mining Allows Global Investors To Easily Earn BTC And DOGE Profits Using Just Their Smartphones (daily Income Of $23,999 USD)

August 11, 2025
Most Popular

Kaspersky’s report reveals new tactics used by North Korean cryptocurrency hackers.

May 13, 2024

Why did Alabama’s securities chairman withdrew the case about Coinbase

April 27, 2025

Ethereum Price Soars on Spot ETF Rumors — How Is the ETH Options Market Positioned?

May 21, 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.