Cloudflare Collapse Causes Issues in the Crypto Market

Access Issues on Crypto Sites

Arbiscan, DefiLlama, and other crypto-related websites experienced access difficulties due to a system-wide outage of Cloudflare. Cloudflare issued a statement reporting widespread '500' errors and issues with the API and dashboard.

Issues at BitMEX and Market Response

BitMEX reported outages related to Cloudflare. This situation led to a 3.5% drop in Cloudflare shares (NET) in pre-market trading.