Stable Platform Halts Deposits After Hourglass Website Crash Causes Mishap

Stable Platform Halts Deposits After Hourglass Website Crash Causes Mishap

Published on
Categories: Defi Technical Issues

A platform identified as 'Stable' has temporarily paused deposits following reports of technical difficulties experienced by users. The issues were caused by the Hourglass website crashing, which impacted pre-deposit vault operations.

Technical Glitches Force 'Stable' Platform to Pause Deposits

Users attempting to make deposits on a platform referred to as 'Stable' encountered significant technical difficulties, leading to a temporary halt in its services. The root cause of these issues was traced back to the Hourglass website, which experienced a crash. This incident directly impacted pre-deposit vault functionalities, causing widespread inconvenience for users and highlighting potential vulnerabilities in such decentralized finance operations.