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Global Cloudflare outage hits Bitcoin exchanges

uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

On June 21, Cloudflare, the network services provider, warned of a global outage affecting its services. Cryptocurrency exchanges experienced technical issues.

The American company provides CDN services, DDoS protection, secure access to resources, and DNS servers.

In the wake of the outage, FTX warned that access to its site would be difficult for most users. The platform switched markets to post-only mode.

Bitfinex’s CTO Paolo Ardoino also confirmed that internet service problems affected the platform, as did many other online platforms.

Coinbase reported connectivity issues accessing its retail and institutional trading platforms.

“This could lead to failed trades, delayed transactions, and unforeseen scenarios on the webpage and in mobile apps,” warned the traders’ exchange.

OKX CEO Jay Hao told users that the inability to visit the exchange’s site is likely related to Cloudflare issues.

“Looks like a global internet outage, things should be back to normal soon. Any Web3-alternative in the future?,” he added.

One user reported that the outage affected the European bitcoin exchange WhiteBit and the DeFi protocol PancakeSwap, as well as the popular crypto-community platform Discord.

In October 2021, a DNS-record outage occurred that affected Facebook, WhatsApp, Instagram, Twitter, Amazon Web Services and many others.

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