Robinhood Chain suffers 14-minute network outage

Robinhood Chain has stopped producing blocks for more than 14 minutes, preventing the Ethereum layer-2 network from confirming token transfers and smart contract transactions. Summary Robinhood Chain stopped producing blocks for more than 14 minutes at around 12:57 p.m. UTC. Transfers and smart contract calls remained pending until block production resumed intermittently. Robinhood has not disclosed the cause or provided a detailed account of the disruption. HOOD shares fell as much as 5.1% from their previous close before recovering part of the loss. Robinhood Chain stopped confirming transactions Robinhood Chain block explorer data showed that the network stopped adding blocks at around 12:57 p.m. UTC on Sept. 4, leaving submitted transactions without confirmation for more than 14 minutes. Transfers, smart contract calls, and router interactions could not move forward while the chain remained at the same block height. New transactions continued to appear in the explorer, but several stayed pending because the network was not producing blocks to process them. News aggregator Aggr News was among the first to report the interruption on X. Block production later restarted, although e...