Cloudflare, a critical infrastructure provider for the Internet, has experienced widespread problems recently, leaving many crypto exchanges down.
The Content Delivery Network (CDN) confirmed via an update posted on Tuesday that it is experiencing problems with its services and network, and a fix is currently being implemented. However, the firm is yet to provide details about what went wrong, leading to the suspension of services across the world.
Cryptocurrency Exchange FTX tweeted It claimed that its platform and other sites would be difficult to access for many, claiming that the exchange is now in a “post-only” mode. crypto exchange bitfinex And OKEx also tweeted about the issue, with the latter asking if there is a Web3 alternative in the future.
If you can’t go to https://t.co/GrBdKl0wkQ and “500 Internal Server Error” pops up, it appears to be a problem #cloudflare‘Send.
In what seems like a global internet outage, things should be back to normal soon.
Any web3 alternatives in the future?— jay_star.lens | CEO of OKX (@Jay_OKX) 21 June 2022
CloudFlare, which went public about three years ago, provides a web network infrastructure for businesses to publish their content online. It also provides infrastructure security services, including Distributed Denial of Service Protection (DDoS).
Not right, CMC is affected.— CZ Binance (@cz_binance) 21 June 2022
This is not the first time that the Cloudflare outage has had a ripple effect in the cryptocurrency world. In August 2020, a similar failure halted Bitfinex and other major websites.
related: Cloudflare will run Ethereum node experiments to help ‘build a better Internet’
Apart from crypto exchanges, other sites and applications such as Indian brokerages Zerodha and Upstox, as well as communication platform Discord, are down with 500 internal server error right now.
Cointelegraph reached out to a few exchanges regarding the situation and will post this article pending further information.