Blockchain.com, a cryptocurrency custodian, has suffered a massive outage that affected many of its users as one of its data centers detected a fire, according to the service's status page.
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"We learned this morning that there was a fire reported at one of our (many) data centers that caused an outage and our team will work around the clock to reroute wallet activity through other data centers," the company wrote.
Blockchain.com claims its cryptocurrency exchange is not affected and users' funds are secure.
Update 18:13 UTC. The company says it has identified the core issues that have prevented many users from accessing their cryptocurrency wallets. The Blockchain.com team is working to restore wallet functionality.
Update 20:07 UTC. Blockchain.com has successfully resolved the incident.
Earlier in February, Blockchain.com attracted $120 million from several investors including Google Ventures, Lightspeed Venture Partners, Moore Strategic Ventures and others. Blockchain.com CEO, Peter Smith, said the fact that macro investors participated in the fundraise was "further proof that institutions are taking a serious look at their crypto strategy."
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