Foresight News|Nov 05, 2026 13:32
[Coincheck Suspends Crypto Asset Withdrawals Due to External On-Chain Analytics Service Outage, Claims User Assets are Safe]
Foresight News reports that Japanese cryptocurrency exchange Coincheck announced that due to a malfunction in its external on-chain analytics service used for deposit and withdrawal verification, the platform has experienced delays in deposit and withdrawal processing since approximately 23:04 Beijing time on November 4th. Currently, it has suspended accepting cryptocurrency withdrawal requests, and deposit processing is still experiencing delays.
Coincheck will cancel submitted but incomplete withdrawal requests. Some requests will be temporarily held and reviewed sequentially after the system recovers. Funds from canceled withdrawals have been returned to users' account balances. Coincheck stated that this incident did not involve unauthorized access to the platform or impact on user assets; user assets are safe, and the service recovery time will be announced separately.
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