Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Solana's Phantom wallet faces downtime, causing inaccurate account balances for users during anticipated GRASS airdrop

Solana's Phantom wallet faces downtime, causing inaccurate account balances for users during anticipated GRASS airdrop

The BlockThe Block2024/10/27 16:00
By:The Block

Quick Take Solana’s biggest wallet, Phantom, is experiencing downtime, according to a status update. Similar issues have happened in the recent past and were quickly resolved.

Solana's Phantom wallet faces downtime, causing inaccurate account balances for users during anticipated GRASS airdrop image 0

Solana’s biggest wallet Phantom is experiencing downtime, according to a status update. The incident has been ongoing for about an hour and it seems some users may have issues seeing inaccurate account balances.

As of press time, the Phantom status page shows there has been a “major issue” and that the team is working to resolve an “ongoing incident.” The browser extension and mobile app, however, are operational. "Your funds are safe," the company wrote in a status update sent to users.

The outage happened as users of the Solana-based decentralized app Grass claim tokens from a recently announced airdrop, which will distribute 10% of the total GRASS token supply.

“We're currently experiencing an uptime incident and some services may be temporarily disrupted. If you are in urgent need of making a transaction, please ignore simulation errors and try using a dapp. Thanks for your patience as we work to resolve the issue,” Phantom wrote on X.

This is not the first time Phantom has experienced downtime this year. On Feb. 3 , it experienced “delays with how token balances are being updated." On Aug. 15 , the wallet startup reported it experienced “a temporary issue that prevented users from properly seeing account balances.” Days later, the Phantom website reported temporary issues .

In both instances, the issues were resolved quickly. Phantom has not yet responded to a request for comment about what went wrong. 


0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Bitcoin Optimistic Christmas Predictions – MicroStrategy’s Upcoming $3.3T Potential BTC Investments

MicroStrategy's Christmas gift to the crypto industry are its plans to issue 10 billion more shares, meaning around $3.3 trillion for upcoming BTC investments

CyrptoRo2024/12/24 14:44

Hong Kong spot crypto ETFs will see ‘substantial growth’ in 2025, OSL executive says

Ryan Miller, OSL’s managing director, said Hong Kong crypto ETFs are expected to see “substantial growth” in volume and inflows.Macroeconomic factors and local regulatory initiatives are playing in favor of the spot ETFs, Miller told The Block.

The Block2024/12/24 14:11