Cloudflare outage affects multiple crypto exchanges

Share This Post

Users attempting to visit certain websites were met with a “500 Internal Server Error” notice due to a Cloudflare outage.

Cloudflare, a significant infrastructure provider for the internet, recently experienced widespread problems, leaving many crypto exchanges down.

The content delivery network (CDN) confirmed via an update posted on Tuesday that it is experiencing issues with its services and network, and a fix is currently being implemented. However, the firm has yet to provide information regarding what went wrong, causing services across the world to come to a halt.

Cryptocurrency exchange FTX tweeted that its platform and other sites will be difficult to access for many people, claiming that the exchange is now in “post-only” mode. Crypto exchanges Bitfinex and OKEx also tweeted about the issue, with the latter asking if there is a Web3 alternative in the future.

Cloudflare, which became public about three years ago, offers web network infrastructure to businesses, allowing them to publish their material online. The infrastructure also provides security services, including distributed denial of service protection (DDOS).

This isn’t the first time that a Cloudfare outage has had ripple effects in the cryptocurrency world. In August 2020, a similar outage brought Bitfinex and other major websites to a halt.

Related: Cloudflare to run Ethereum node experiment to help ‘build a better internet’

Aside from crypto exchanges, other sites and applications such as Indian brokerages Zerodha and Upstox, as well as communication platform Discord, are all down right now with a 500 internal server error.

Cointelegraph reached out to a few exchanges regarding the situation and will update this article pending new information.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Bitcoin Bears Lose Control As BTC Net-Taker Volume Shifts Positive

Bitcoin has been on an impressive surge since early September, rising by 31% from local lows around $53,000 However, after testing the $69,500 supply level, the cryptocurrency faces selling pressure

Vietnam Unveils Ambitious Strategy to Become Regional Blockchain Hub

The Vietnamese government has unveiled a strategy to make Vietnam a leader in blockchain technology in Southeast Asia The strategy includes building blockchain brands, establishing testing centers,

Buterin proposes radical shift in Ethereum to reduce hardware requirements

Ethereum co-founder Vitalik Buterin has unveiled the latest roadmap phase, “The Verge,” which proposes a groundbreaking shift in blockchain technology to make transaction verification

Solana (SOL) Defies Crypto Market Trends, Eyes $190 Level

The post Solana (SOL) Defies Crypto Market Trends, Eyes $190 Level appeared first on Coinpedia Fintech News The ongoing selling pressure across the cryptocurrency market has shifted the overall

5 Million Strong: Active Ethereum Wallets Drive Strong Momentum

According to veteran trader Peter Brandt, Ethereum might have just seen its future looking brighter Known for his technical forecasts, Brandt feels the altcoin is on the verge of a bullish turnaround

ECB’s Anti-Bitcoin Propaganda Debunked In Scathing Academic Rebuttal

As a response to the latest anti-Bitcoin paper by the European Central Bank (ECB), a new academic paper titled “Challenging Bias in the ECB’s Bitcoin Analysis” has been published