Crypto trade OKX witnessed service disruptions after main infrastructure supplier Alibaba Cloud introduced a {hardware} failure in Alibaba Cloud’s Hong Kong knowledge heart.
Alibaba Cloud Hong Kong IDC Zone C server went offline on Saturday at roughly 10 PM ET and did not get better for over 7 hours on the time of reporting. On-chain knowledge additional confirms that OKX processed no transactions throughout this timeline.
Alibaba Cloud’s web site exhibits that the Hong Kong (China) server hosts three availability zones, which have been operational since 2014. The cloud supplier confirmed the outage by means of an official announcement, as proven under.
Whereas asserting the service disruption, OKX revealed that it’s working along with Alibaba Cloud to resolve the problems. “Funds are secure. Sorry for any inconvenience induced,” the announcement added.
There’s at the moment an intermittent connection error with our cloud supplier which is affecting the consumer expertise. Our dev crew is resolving it with them. Funds are secure. Sorry for any inconvenience induced.
— OKX (@okx) December 18, 2022
Within the meantime, customers can not withdraw and deposit funds, whereas some declare that their account balances have glitched to indicate $0 of their funds. Many traders have confirmed that their trades acquired caught halfway and have proven issues about attainable losses.
OKX has not but to responded to Cointelegraph’s request for remark.
Associated: OKX releases proof-of-reserves web page, together with directions on the best way to self-audit its reserves
In early December, Avalanche blockchain entered right into a partnership to energy Alibaba Cloud’s Node-as-a-Service initiatives.
APAC’s largest cloud service supplier, Alibaba Cloud, has expanded help for #Avalanche!
This integration allows builders to simply launch their very own validator nodes, with entry to @alibaba_cloud‘s plug-and-play infrastructure and suite of merchandise.https://t.co/MlXTOYuJgG
— Avalanche (@avalancheavax) December 2, 2022
As Cointelegraph reported, the partnership is aimed toward creating new instruments for launching validator nodes on Avalanche’s public blockchain platform in Asia. The combination will permit Avalanche builders to make use of Alibaba Cloud’s plug-and-play infrastructure as a service to launch new validators.
In the course of the announcement, it was revealed that Avalanche hosts over 1,200 validators and processes roughly 2 million every day transactions.
