Coincheck says no hack behind withdrawal freeze, blames outside service outage

In the early hours of Thursday, November 5, 2026, Coincheck decided to suspend all cryptocurrency deposits. This came after a third-party analytics service Coincheck uses in screening transactions stopped working. Coincheck has clarified that the disruption was not due to a breach or any access to customer funds. No unauthorized access, Coincheck says Coincheck released a post detailing the disruption. Based on the post , the processing of crypto deposits and withdrawal requests began to lag around 00:04 in Japan, on Thursday, November 5, 2026. This happened after the external on-chain analysis it uses to screen transactions failed. Coincheck stated via its X account that the challenge was initially spotted at 3:09 am The exchange canceled fresh and pending withdrawal requests.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to Cryptopolitan.