Injective Mainnet Grinds to a Halt, Block Production Ceases
On the evening of November 9 (Beijing Time), the Injective blockchain network experienced a significant technical disruption. Monitoring data from its official nodes indicated that the mainnet had completely stopped producing new blocks. The network's last recorded block stands at height 191,016,661, timestamped at 21:04, with no subsequent blocks generated.
Exchanges Act Swiftly: Upbit and Coinone Halt Deposits & Withdrawals
In response to the sudden network issue, leading South Korean digital asset exchanges implemented immediate measures.
- Upbit was the first to announce a suspension of INJ deposit and withdrawal services, citing the interruption in block generation. The exchange clarified that INJ spot trading would not be affected and would continue as normal. Upbit stated that services would resume via a separate announcement once deposit and withdrawal stability is confirmed.
- Coinone followed suit, announcing at 22:25 Beijing Time that it was also pausing INJ deposits and withdrawals due to the network fault. Coinone similarly noted that other services, including trading, remain operational.
Market Impact and Community Concerns
The incident directly impacts asset liquidity for users. While trading functions remain active, the inability to deposit or withdraw temporarily restricts users from moving INJ assets to or from these major platforms. As of now, the Injective team has not communicated the root cause of the block production halt or provided an estimated time for recovery. This lack of information has generated considerable attention and discussion within the investor and community circles, who are awaiting further technical updates and resolutions from the project.