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Bitcoin Wallet Provider Blockchain Currently Offline
Blockchain, the operator of the world’s most popular bitcoin wallet service, is currently offline.
By Emily Spaven
Updated May 2, 2022, 3:46 p.m. Published Sep 4, 2015, 11:16 a.m. 1 min read
UPDATE (4th September 18:45 BST): Bitcoin wallet service Blockchain is accessible once again.
Blockchain, the operator of the world’s most popular bitcoin wallet service, is currently offline.
CoinDesk was last able to retrieve data from the site’s API at 05:44 UTC this morning, with a Reddit user noting the issue at around 07:00.
At press time, a message on the site’s homepage read: “We will be back shortly. Blockchain.info is currently down for maintenance. For status updates please see Twitter. Apologies for any inconvenience.”
A tweet by the company’s Twitter account stated similar information:
We are currently undergoing some maintenance but will be back online shortly. Be sure to follow @blockchain on Twitter for the latest news.
— Blockchain (@blockchain) September 4, 2015
Blockchain
co-founder Nic Cary told CoinDesk the downtime was down to the company "installing some new equipment", adding that it has been "growing fast" lately.
The company’s outage follows a six-hour period of downtime experienced by global bitcoin marketplace LocalBitcoins earlier this week.
LocalBitcoins’ community manager 'Max' said in a post on Reddit the problem was related to server issues: "It seems a server got hung up ... We're about to move to new equipment as the current servers are quite old, sad that they had to crash before we moved."
Time out image via Shutterstock
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NYDIG, meanwhile, rejected the basis-trade theory, citing the large discount and the lack of an unusual spike in corresponding CME bitcoin futures volume.
What to know:
- A $1.26 billion block sale of BlackRock’s IBIT shares was likely a rapid exit by a large investor, not an arbitrage unwind, according to NYDIG.
- The seller of the $1.26 billion IBIT block accepted a 2.3% discount ($29.5 million loss), signaling a priority on speed and certainty over maximizing price.
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