Japanese banks crippled by systems outage affecting $81B of interbank transfers - UPI.com
A clearing systems outage affecting 11 of the largest banks in Japan on Tuesday, including MUFG, Mitsubishi Trust and JPMorgan Chase, left more than a million customers unable to make electronic transfers to other banks.
https://twitter.com/peruvian_bull/status/1711873791574286820
"BOOM! New Youtube video posted! Are you ready to Tokyo Drift into a Japanese currency crisis?"
Ooh new Peruvian Bull!!
That's quite interesting, b/c a huge amount of people pay bills, draw cash, even buy plane tickets at the little corner stores which are everywhere.
its coming....
Is this an on demand liquidity issue?
Sounds like it. The global system is on life support. They must have war to get liquidity. Gregory Mannarino
Possibly. A high likelihood.
Think of it as Japans version of SWIFT going offline. That is what's happening right now.
Japans biggest bank is having so much problems that customers can't even withdraw from ATMs on top of paying bills.
Oooh. Kind of plays into the xrp solves ODL narrative. A major event will force it into being. More hopium that probably won't playout but interesting nonetheless.
I would recommend doing some research into Cardano and Midnight.
Haven't heard of midnight. Thanks. I do like cardano. I like how easy the cardano network works. I also like cosmos.
Midnight is a Private Blockchain that will run as a side chain to Cardano. It will offer encryption and privacy of Intellectual Property code on the blockchain. It'll also have its own chain, and smart contracts will be written in Typescript.
People that want to keep the intellectual property of their code private will finally have a blockchain that allows this: Midnight. Think Monero for smart contracts and codebase in general.
It has been secretly developed for the last 4 years by Input Output Global, the same company developing Cardano (and whose CEO is Charles Hoskinson)
Midnight Twitter Space Recording: https://twitter.com/i/spaces/1nAJEamDyvgJL
I was reading up on it. Per a redditor...
"CH states that this new privacy coin will be "Confidential to the general public" not "Confidential to Everybody" as in the case of Monero. He says, if there is a subpoena, only then the law enforcement will have the right to know the details of your transaction history (I assume with judge order etc). This is superior privacy to 99% of all coins out there..."
I guess not as good as Monero but offering many advantages. Plus better chance of institutional adoption.
P.s. Don't tell anyone but I also kind of like shib.
😆 no worries man my lips are sealed
This effected Huntington bank today 10 hour delay on payment center.
Where is Huntington bank?I think I found it
https://www.huntington.com/About-Us
Yes that one
Can you please provide a source? I cannot find anything on the 10 hr payment delay and this sounds very important.
It was personal experience on a corporate level and it was system wide for them. When I read this article I thought it reached more than listed in this article.
I’ll attach the notice receive tommorrow when I get in office
I couldnt archive downdetector so I'm doing it another way...
(October-11-2023) Recorded Outage Heat Map of Huntington Bank Nationwide
https://files.catbox.moe/jj5p0x.png
https://downdetector.com/status/huntingtonbank/map/
(October-11-2023) Recorded Outages Throughout The Day of Huntington Bank
https://files.catbox.moe/2r7cc8.png
https://downdetector.com/status/huntingtonbank/
Copied and pasted as promised:
We are currently experiencing issues with access to our ACH, RTP, and wire capabilities in online and mobile banking. With the final Same Day settlement ACH processing window at 2:30, Same Day ACH (ACH transactions scheduled with today's effective date) will not process. Same Day ACH and scheduled ACH transactions will not process today. Because the deadline has passed, Same Day ACH payments will reflect a status of "Approval Window Passed". In order for these batches to get released for processing with tomorrow's date, you will need to follow the below steps once Payment Center is available: • Select the dropdown arrow under "actions" next to the payment and select Unapprove. Select the dropdown arrow under "actions" next to the payment and select modify. • Select a new effective date (must be 10/11/23 or later). • Click submit. • If the payment requires approval, an approver will need to login and approve the payment before it will be transmitted for processing in the next scoop. For any ACH that must go out today or for wires/RT payments that must be sent immediately, you may alternatively use a wire PIN (if applicable) to do a phone-in wire or visit a branch to request the wire. Please make sure you have not submitted the payment in payment center before sending the payment again or you risk sending duplicate payments. We are working to resolve the issue as quickly as possible. Please contact Treasury Management Client Services at 800-480-4862 with any questions you may have. We apologize for any inconvenience this may cause you.
Would it be possible to upload the PDF/Article in https://catbox.moe or does it give away too much info about your company?
I'm on the phone with them now....Once I read that announcement....I copied and pasted it to a word document out of an "abundance of caution". The messages / announcement in their portal is gone, I assumed that I'm an idiot. So i called them and said hey, where did this message go? They said oh we removed it. I said that glitch you had delayed payment to my employees, My boss thinks it's my fault, Can you help me save my job by sending me something official or by reinstating that announcement. Will provide as soon as received.
Thanks! This is a pretty big deal!
So that was the Huntington thing….. our payroll was delayed about ten hours. Others were effected differently, but I had employees waiting for paychecks entirely out of my control. Frightening.
Could you take a picture of the article and black out your company's name if it's in there?
You could upload the picture onto https://carbox.moe as well
https://files.catbox.moe/jarb7h.png
I've never done this....idk if it works.....This is the image they included inside an email after requesting they reinstate the original message to prove to my employer that they were responsible and not me....it's change from the original...but basically the same.
That is absolutely crazy
The cliff is close although many just see the bushes in the way.
It is very crazy....I know I appear the crazy one currently lol but that's typical...I can't believe that they wiped it...They had..."things are bad message" and a "things are restored message" both were wiped....I'll see if they provide me anything.
Yes......The cliff ....everybody check your brakes.
It won'tIt will make people move to cash. This makes cash more valuable.My mistake I read it wrong at first.
I think you're saying the same thing as the person you responded to.
Oh yeah I read it wrong 😆
Haha.😁