Alibaba Cloud Hong Kong IDC Zone C server went offline on Saturday at roughly 10 PM ET and failed to recover for over 7 hours at the time of reporting. 4225 Total views 24 Total shares Listen to article 0:00 News Own this piece of crypto history
Collect this article as NFT Crypto exchange OKX witnessed service disruptions after primary infrastructure provider Alibaba Cloud announced a hardware failure in Alibaba Clouds Hong Kong data center.
Alibaba Cloud Hong Kong IDC Zone C server went offline on Saturday at roughly 10 PM ET and failed to recover for over 7 hours at the time of reporting. On-chain data further confirms that OKX processed no transactions during this timeline. Partial list ofAlibaba Cloud’s global infrastructure. Source: Alibaba Cloud
Alibaba Clouds website shows that the Hong Kong (China) server hosts three availability zones, which have been operational since 2014. The cloud provider confirmed the outage through an official announcement, as shown below.Alibaba Cloud’s official announcement about service disruption that affected OKX’s service. Source: Alibaba Cloud
While announcing the service disruption, OKX revealed that it is working together with Alibaba Cloud to resolve the issues. Funds are safe. Sorry for any inconvenience caused, the announcement added.
There is currently an intermittent connection error with our cloud provider which is affecting the user experience. Our dev team is resolving it with them. Funds are safe. Sorry for any inconvenience caused. OKX (@okx) December 18, 2022
In the meantime, users cannot withdraw and deposit funds, while some claim that their account balances have glitched to show $0 in their funds. Many investors have confirmed that their trades got stuck midway and have shown concerns about possible losses.
OKX has not yet to responded to Cointelegraphs request for comment.
Related: OKX releases proof-of-reserves page, along with instructions on how to self-audit its reserves
In early December, Avalanche blockchain entered into a partnership to power Alibaba Clouds Node-as-a-Service initiatives.
APAC’s largest cloud service provider, Alibaba Cloud, has expanded support for #Avalanche!
This integration enables developers to easily launch their own validator nodes, with access to @alibaba_cloud’s plug-and-play infrastructure and suite of products.https://t.co/MlXTOYuJgG Avalanche (@avalancheavax) December 2, 2022
As Cointelegraph reported, the partnership is aimed at developing new tools for launching validator nodes on Avalanche’s public blockchain platform in Asia. The integration will allow Avalanche developers to use Alibaba Clouds plug-and-play infrastructure as a service to launch new validators.
During the announcement, it was revealed that Avalanche hosts over 1,200 validators and processes roughly 2 million daily transactions. #Blockchain #Business #Assets #Alibaba #Cloud Services #OKX Related News What is total value locked (TVL) in crypto and why does it matter? The outcome of SBF’s prosecution could determine how the IRS treats your FTX losses OKX releases proof-of-reserves page, along with instructions on how to self-audit its reserves Heres how centralized exchanges aim to win back users after the FTX collapse Avalanche to power Alibaba Clouds infrastructure services in Asia
