Tuesday, October 29, 2024
  • Login
Euro Times
No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
Euro Times
No Result
View All Result

Phantom pockets falters for practically 3 hours amid excessive demand for GRASS airdrop

by Index Investing News
October 28, 2024
in Cryptocurrency
Reading Time: 2 mins read
A A
0
Home Cryptocurrency
Share on FacebookShare on Twitter


Pockets provider Phantom firms expert virtually three hours of downtime on Oct. 28 amid prospects’ rush to say GRASS tokens. Prospects on X reported missing balances and an incapacity to hold out transactions.

In accordance with Phantom Standing, a major incident with the pockets’s once more end made the service unresponsive at 1:36 P.M. UTC and went once more reside at 4:20 P.M. UTC. That’s the second time Phantom firms have gone down this month, with an 8-minute shutdown reported on Oct. 3.

After resolving the issue, Phantom shared on X that its workers would “proceed to actively monitor the state of affairs,” together with that essential steps could possibly be taken to forestall comparable factors.

Moreover, Phantom reported 12 important backend incidents in 2024, 7 of which occurred on Feb. 1, totaling virtually one and a half hours of downtime. Two days later, on Feb. 3, the pockets provider reported delays with token balances.

As of April this 12 months, Phantom reported 7 million prospects, quickly making the shortage noticeable to Solana prospects. 

Within the meantime, the Solana neighborhood’s packages remained completely operational when Phantom went down, as Solana Standing info reveals entire uptime for the earlier 90 days.

Downtime amid airdrop

Notably, Phantom’s factors started six minutes after the declare of GRASS tokens went reside, prompting observers to tie every events as prospects went to assemble their rewards for interacting with the protocol.

The tokens are native to the Solana-based decentralized bodily infrastructure (DePIN) neighborhood Grass and are utilized to reward prospects that lend unused net bandwidth. The neighborhood functionality is then used to educate and fine-tune artificial intelligence fashions. 

The official Grass documentation reveals that 100 million GRASS tokens, representing 10% of the supply, might be distributed on this primary airdrop.

GRASS’s worth has fluctuated in the intervening time. One hour after its launch, it fell 28% to achieve $0.65 and has recovered 9% since then. In accordance with info from CoinGecko, the token is priced at $0.71 on the time of writing.

Talked about on this text



Source link

Tags: AirdropDemandExcessivefaltersgrasshoursphantomPocketsPractically
Previous Post

Ranger Vitality posts stable Q3 outcomes regardless of a difficult market surroundings By Investing.com

Next Post

Trump Rally Attack On Puerto Ricans Breaks Through With Voters

Related Posts

Bitcoin briefly crosses k amid election hopes, positive technicals By Investing.com

Bitcoin briefly crosses $70k amid election hopes, positive technicals By Investing.com

by Investing.com
October 29, 2024
0

Investing.com-- Bitcoin briefly crossed key ranges in night commerce on Monday amid rising bets on a Republican victory within the...

Bitcoin price could reach  million by 2050, says VanEck head of crypto research

Bitcoin price could reach $3 million by 2050, says VanEck head of crypto research

by Vivian Nguyen
October 28, 2024
0

Key Takeaways VanEck's Matthew Sigel forecasts Bitcoin's worth at $3 million by 2050. He thinks Bitcoin might be an enormous...

Philadelphia Moves To Block Elon Musk’s  Million Giveaway

Philadelphia Moves To Block Elon Musk’s $1 Million Giveaway

by Teuta
October 28, 2024
0

The Philadelphia District Legal professional’s Workplace has filed a lawsuit towards a political motion committee managed by billionaire Elon Musk...

Shibarium Transactions Crash 85%, Shiba Inu Burns Drop 78%, What’s Going On?

Shibarium Transactions Crash 85%, Shiba Inu Burns Drop 78%, What’s Going On?

by Scott Matherson
October 28, 2024
0

Shibarium day by day transactions have witnessed an 85% crash, whereas Shiba Inu burns have dropped by 78%. This has...

 billion crypto inflows in 2024, 1 million last week amid US political backdrop

$27 billion crypto inflows in 2024, $901 million last week amid US political backdrop

by Oluwapelumi Adejumo
October 28, 2024
0

Crypto funding merchandise are experiencing one in every of their finest months on report, with inflows hitting $901 million within...

My Suggestions for MAS’s Proposed DTSPs Framework

My Suggestions for MAS’s Proposed DTSPs Framework

by Anndy Lian
October 28, 2024
0

Singapore has persistently positioned itself as a forward-thinking jurisdiction, balancing innovation with strong regulatory oversight. As a fellow Singaporean, I'm...

Next Post
Trump Rally Attack On Puerto Ricans Breaks Through With Voters

Trump Rally Attack On Puerto Ricans Breaks Through With Voters

Allurion sets date for first annual stockholders meeting By Investing.com

Allurion sets date for first annual stockholders meeting By Investing.com

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Bitcoin briefly crosses k amid election hopes, positive technicals By Investing.com

Bitcoin briefly crosses $70k amid election hopes, positive technicals By Investing.com

October 29, 2024
Polestar says Biden proposal would ‘effectively prohibit’ sale of its cars in US By Reuters

Polestar says Biden proposal would ‘effectively prohibit’ sale of its cars in US By Reuters

October 29, 2024
Allurion sets date for first annual stockholders meeting By Investing.com

Allurion sets date for first annual stockholders meeting By Investing.com

October 28, 2024
Trump Rally Attack On Puerto Ricans Breaks Through With Voters

Trump Rally Attack On Puerto Ricans Breaks Through With Voters

October 28, 2024
Phantom pockets falters for practically 3 hours amid excessive demand for GRASS airdrop

Phantom pockets falters for practically 3 hours amid excessive demand for GRASS airdrop

October 28, 2024
Ranger Vitality posts stable Q3 outcomes regardless of a difficult market surroundings By Investing.com

Ranger Vitality posts stable Q3 outcomes regardless of a difficult market surroundings By Investing.com

October 28, 2024
Euro Times

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Finance
  • Health
  • Investing
  • Markets
  • Politics
  • Stock Market
  • Technology
  • Uncategorized
  • World

LATEST UPDATES

Bitcoin briefly crosses $70k amid election hopes, positive technicals By Investing.com

Polestar says Biden proposal would ‘effectively prohibit’ sale of its cars in US By Reuters

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In