Major Crypto Exchanges Went Offline as Cloudflare Suffered Another Outage

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Major Crypto Exchanges Went Offline as Cloudflare Suffered Another Outage
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Cloudflare went down again earlier today, taking many cryptocurrency exchange websites with it.

Any web3 alternative in the future?FTX also informed users about the outage, noting that its markets are available in post-only mode.

Cloudflare is experiencing an outage, and so FTX and many other sites are going to be hard to access for many users. FTX markets are in post-only mode.Interestingly, the Cloudflare outage did not affect a few crypto exchanges, including Binance. When asked why Binance was still up and running during the downtime, the company’s CEO Changpeng Zhao said the exchange had a redundant setup to prevent such incidents.Cloudflare has restored its servers, allowing users to access affected crypto exchange websites. Although the web infrastructure platform didn’t disclose the cause of the outage, the company said it would keep monitoring the results.

However, this isn’t the first time Cloudflare has suffered an outage that affected crypto websites. In August 2020, another similar incident brought Bitfinex and several other major websites to a brief pause. Last week, the platform reported a downtime that affected websites in some parts of the world.support for Ethereum Gateway to allow users to read and write access to the Ethereum network without installing any software on their devices.

The web infrastructure platform also plans to launch a fully stake ETH validator node in the coming months to support Ethereum’s POS transition.

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