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.
Due to technical issues with our of our partners, Poloniex is currently unavailable for trading. We are working with our partner to resolve these issues as quickly as possible. All funds are safe, and we will keep you updated here.
— Poloniex Exchange (@Poloniex) July 2, 2019
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.