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Cloudflare outage affected cryptocurrency exchanges FTX, Bitfinex, and more

Cloudflare outage knocked out numerous popular web services, including major cryptocurrency exchanges FTX, Bitfinex, and OKX, raising concerns about the stability of centralised crypto platforms.

After the company's website was affected by Cloudflare's service issues, the CEO of OKX, which has seen $1.47 billion in trading volume in the last 24 hours, tweeted asking for a "web3 alternative in the future." FTX, the world's second-largest cryptocurrency exchange, briefly went into "post-only" trading mode when it became inaccessible during the outage, according to a tweet from the company.

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