Aptos resolves network issues following five-hour outage

Quick Take

  • Layer 1 blockchain Aptos experienced a network malfunction earlier today, prompting some crypto exchanges to temporarily suspend deposits and withdrawals of APT.

Layer 1 blockchain Aptos has come back online following what appeared to be a network crash that prompted a number of crypto exchanges to halt deposits and withdrawals of APT -2.79% tokens.

“Party on, Aptos. We’re back,” Aptos wrote in a social media post on X today. That came after it said earlier in the day that the team was working to resolve an issue that impacted transactions on the network. “The issue has since been resolved and the network is operating normally,” Aptos said.

Data from Aptos block explorer Aptos showed that on-chain transactions stopped for about five hours on Oct. 19. In response, a number of cryptocurrency exchanges, including Binance, OKX and Upbit, temporarily halted the deposit and withdrawal features for Aptos tokens. 


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A Binance spokesperson told The Block that the exchange had to temporarily suspend the deposits and withdrawals of APT but it resumed the features when the network came back online. Trading of the tokens was not affected on Binance, the spokesperson added. Meanwhile, OKX warned that while the trading of Aptos tokens on the OKX exchange was not affected, “please be aware of the risks associated with the spot, margin, and derivatives trading of these tokens.”

© 2023 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

About Author

Timmy Shen is an Asia reporter for The Block. Previously, he wrote about crypto and Web3 for Forkast.News from Taiwan after spending more than three years in Beijing covering finance and current affairs at Caixin Global and Chinese tech at TechNode. His China-related reporting has also appeared in The Guardian. When he's not chasing headlines, you'll find him savoring hot pot and shabu shabu in a Taipei local haunt. Timmy holds an MS degree from Columbia University Graduate School of Journalism. Send tips to [email protected] or get in touch on X/Telegram @timmyhmshen.