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PolygonScan Faces 90-Minute Glitch, Fails to Update Polygon Blocks

Despite the false warning, Polygon continued to create blocks, OKLINK verified on Wednesday.

Network explorer Polygonscan reportedly stopped updating with correct values, confusing investors on the health of the Polygon blockchain.

This triggered rumours that the Polygon’s layer-2 scaling faced outages after data ceased to generate on PolygonScan for roughly 1.5 hours.

Despite the false warning, Polygon continued to create blocks, OKLINK verified on Wednesday.

Teams operating at Polygon have updated investors, stating “a few nodes” failing to synchronise caused the issue. They added the blockchain had not stopped producing blocks.

The news comes after rumours of an outage surface on Wednesday after block production allegedly ceased on Polyscan data. It showed at the time that its last block processed at roughly 20:35 UTC.

Additionally, Polygon Labs announced on Tuesday it had slashed up to 20 percent of its employees, totalling 100 workers.

The crypto firm will provide three months of severance pay to employees, it said in a blog post.

It explained: “Earlier this year, we consolidated multiple business units under Polygon Labs. As part of this process, we’re sharing the difficult news that we’ve reduced our team by 20% impacting multiple teams and about 100 positions. This was a painfully hard decision, but a necessary step in our journey.”

No information published in Crypto Intelligence News constitutes financial advice; crypto investments are high-risk and speculative in nature.