Paxos - Crypto Transfers Incident Detected

Incident Report for Paxos

Resolved

This incident has been resolved.

Posted May 14, 2026 - 09:19 UTC

Monitoring

A fix has been implemented and we are monitoring the results.

Posted May 14, 2026 - 09:15 UTC

Identified

The issue has been identified and a fix is being implemented.

Posted May 14, 2026 - 09:12 UTC

Investigating

At this time, we are experiencing a delay processing crypto deposits on the Ethereum Network. Crypto Deposits can continue to be submitted, but may experience delays in processing.

Posted May 14, 2026 - 08:36 UTC

This incident affected: Dashboard UI (Crypto Transfers), Wallet UI (account.paxos.com) (Crypto Transfers), and Paxos v2 API (Crypto Transfers).