Crypto exchanges hit by Cloudflare web outage
An issue with Cloudflare, which provides key infrastructure for the internet, has brought several crypto exchanges to a halt.
Cloudfare, a content delivery network or CDN, confirmed via an update posted early on June 21 that it is experiencing “widespread issues” with its services and network.
A number of crypto exchanges — which rely on Cloudflare for distributed denial of service (DDOS) protection — have been hit by the outage.
FTX said in a tweet that its exchange and other sites “are going to be hard to access for many users,” adding that FTX markets are currently in “post-only” mode. Bitfinex and OKX also tweeted about the issue.
This is not the first time that a Cloudfare outage has had knock-on effects in the crypto space. In July 2019, several major websites including Coinbase and CoinMarketCap were brought to a standstill by a similar outage.
At approximately 3 a.m. ET, Cloudfare said in its post that the issue “has been identified and a fix is being implemented.”
Beyond crypto, numerous other sites such as Discord, DoorDash and Social Blade have also been affected.
© 2022 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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Author: Ryan Weeks
