Bitfinex’s Protection Service Provider Cloudflare Reports a Major Server Outage

Updated on Jul 3, 2019 at 7:31 am UTC by · 2 mins read

Cloudflare’s wide range of clientele which includes Bitfinex, are currently been affected by a blackout on the end of the Security Service Provider in different locations.

Top CDN (Content Delivery Network) as well as Bitfinex‘s security service provider – Cloudflare, has reported being under duress. The DDoS server-side cloud service provider in multiple locations, has been hit by network performance issues amounting to a total blackout in its servers.

The Cloudflare network, believed to be powered by data centers in over 180 cities around the world, just experienced a major incident that impacted all of the Cloudflare services worldwide. 

However, in a feed on the platform’s performance page, the team reports that everything was back to normal circa 14:50 UTC.

Cloudflare claims to have a counter-measure in place to fix this issue as it is currently monitoring the results hence assuring its Customers not to fret stating in the report:

“Major outage impacted all Cloudflare services globally. We saw a massive spike in CPU that caused primary and secondary systems to fall over. We shut down the process that was causing the CPU spike. Service restored to normal within ~30 minutes. We’re now investigating the root cause of what happened.”

Following a description of the problem definition on the Cloudflare performance and system service status page, a tremendous spike was observed in CPU at about 14:20 UTC, which resulted in the dim-out of both the CDN’s primary and auxiliary systems. 

According to a recent tweet by one of the Major Subscribers to the Cloudflare Network – Bitfinex, the Security and Cloud service provider giants’ services are currently down. The Hong Kong-headquartered cryptocurrency exchange platform, speculated by many to be the biggest crypto trading platform prior to its 2016 hacking incident amounting to a colossal loss.

At the wake of these developments, another Asian cryptocurrency Exchange platform registers a similar system failure. Bagging the question of whether or not this is a cryptocurrency related attack or just another bad day for the Cloud Service Providers.

Share:

Related Articles

Binance Records $2.91 Trillion Volume as Bitfinex, MEXC Lead Exchange Growth

By September 16th, 2025

Binance solidifies exchange dominance with massive August trading volumes while competitors gain ground, as broader crypto market builds momentum toward year-end.

Crypto ETFs Must for a Strong Altcoin Season, Says Bitfinex Executive

By August 26th, 2025

Bitfinex analysts believe a strong altcoin season will only begin once spot crypto ETFs for major altcoins are approved.

Nearly $160 Million Liquidated in Crypto as Market Continues to Crash

By February 17th, 2025

The biggest liquidation order took place on Bybit, where a BTC/USDT trader lost $1.6 million.

Exit mobile version