Paradex Bitcoin Price Crash to Zero Triggers Unprecedented Blockchain Rollback
Paradex, a Starknet-based DEX, rolled back its blockchain after a database migration error caused the Bitcoin price to crash to zero. Learn more about the incident.
Bitcoin's value hit $0, and then the clock turned back. Paradex, a decentralized exchange (DEX) operating on the Starknet layer, took the drastic step of reversing its blockchain to an earlier state after a critical database error caused asset prices to vanish momentarily.
Paradex Bitcoin Price Crash to Zero Caused by Migration Failure
According to industry reports on January 19, 2026, a database migration error during a scheduled system update triggered the chaos. This glitch corrupted the exchange's pricing feeds, causing the displayed price of Bitcoin to plummet to exactly $0 on the platform's order books.
To mitigate the fallout, Paradex administrators decided to rollback the blockchain to a block recorded before the error. While this effectively voided trades executed at the erroneous price, it has sparked intense debate regarding the immutability of decentralized protocols.
Incident Timeline and Response
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