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CloudFlare Outage Takes Down Coinbase, CoinMarketCap and Other Top Crypto Websites

The outage hit multiple major exchanges and information sites.

Jul 2, 2019 at 2:28 p.m. UTC
Updated Sep 13, 2021 at 9:23 a.m. UTC

A brief outage Tuesday morning at 10:00AM Eastern took down a number of crypto information and trading sites including Coinbase and CoinMarketCap. The issues cleared up around 10:18AM and most sites seem to be running again.

Cloudflare, a CDN provider, first noticed the outage at 1:52PM UTC/9:52 AM Eastern and the impacted sites went down shortly after, wreaking havoc on automatic pricing engines including CoinDesk's. For a moment CoinDesk's widget displayed a price of $26 per bitcoin.

Coinbase noticed and implemented a fix after the outage.

Poloniex

noted the outage but explained that no funds were lost while Itbit reported that the front-end web server failed by no back-end functions crashed.

The suspected culprit, Cloudflare, is a service used by many websites to speed up delivery of data and media over the Internet.

Bitcoin price hovered at around $10,000 during the outage, falling as far as $9,958 according to CoinMarketCap.

Image via Shutterstock.

DISCLOSURE

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

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