Gate.io experiences slowdown in deposits and withdrawals due to node maintenance

Users of the crypto speech Gate.io are facing dilatory deposits and withdrawals connected transactions owed to a node attraction from a third-party unreality provider, according to an announcement connected Dec. 18. 

Gate.io said the transactions are inactive being processed, and claimed the funds of users are safe. The institution stated:

"At this moment, we are monitoring the web transportation presumption of our unreality work providers and volition expedite the deposits and withdrawals arsenic soon arsenic the web transportation is restored."

It is unclear if the hold successful transactions is related to OKX's outage, which was caused by a hardware failure astatine a Hong Kong information halfway of superior infrastructure supplier Alibaba Cloud. As reported by Cointelegraph, Alibaba's Cloud server went offline connected Dec. 17 and failed to retrieve for implicit 15 hours, during which users could not retreat and deposit funds. 

While OKX trading services person resumed respective hours later, portion Gate.io users connected Twitter are inactive experiencing problems with transactions.

Alibaba's Cloud services were interrupted a fewer days aft the institution announced it was processing its archetypal Blockchain Node Service. Set for motorboat successful the archetypal 4th of 2023, the work aims to marque it easier for organizations to physique blockchain applications. 

According to Alibaba, the caller Platform arsenic a Service (PaaS) solution volition assistance developers by reducing operational and attraction time. The institution claimed the infrastructure volition let node-hosting to actively show nodes and automatically power successful lawsuit of an outage. "As it doesn’t necessitate hands-on monitoring oregon occupation mitigation, developers are escaped to ore connected merchandise improvement and frankincense velocity up the gait of the merchandise roll-out process.", Alibaba's said.

Alibaba Cloud is the integer exertion backbone of Alibaba Group. Earlier this month, Avalanche blockchain partnered with Alibaba Cloud's Node-as-a-Service initiative, Cointelegraph reported.