Global Disruption Takes Crypto Sites Offline

A global outage of Cloudflare’s internet services led to an outage of several crypto front-ends on Tuesday.

Block explorer Abritrum Arbiscan reports “major outage”, with several other sites including social media platform X and data platform DefiLlama reporting intermittent “internal server errors”.

“Cloudflare is aware and investigating an issue affecting multiple customers: widespread 500 errors, also failing Cloudflare dashboard and API,” the company wrote at 11:48 UTC.

Crypto exchange BitMEX also said it was investigating an outage related to Cloudflare issues.

The internet service provider announced NET Dollar, a stablecoin backed by the US dollar, in September, although it has not yet been released.

Cloudflare Inc (NET) shares are down 3.5% in pre-market trading following the issuance.

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