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Following the Cloudflare outage, which disrupted the operations of several trading platforms today, Zerodha founder and CEO Nithin Kamath said the brief downtime not only disrupted ‘Kite’ services but also affected many other brokers, fintech platforms and online services globally. While Kamath underlined the risks of over-reliance on a single digital backbone, he apologized for […]
TLDR The Cloudflare outage affected crypto platforms, but not blockchain systems. Blockchain technology works independently of centralized services and ensures uninterrupted functionality. Binance founder Changpeng Zhao emphasized the resilience of blockchain during the outage. Decentralized systems like Bitcoin can function without centralized providers like Cloudflare. The outage raised concerns about the risks of relying on […]
