Cloudflare outage shows why crypto needs end-to-end decentralization

Hyperliquid has proposed a significant reduction in transaction fees as part of its new initiative aimed at enhancing user engagement and attracting more participants to its platform. This proposal comes alongside other developments, including an overhaul of Aerodrome, a Cloudflare outage, and an approved increase in dYdX buybacks.

A significant outage at Cloudflare has disrupted access to several cryptocurrency websites, including Coinbase and Blockchain.com, as well as various social media platforms. Users reported difficulties in reaching these sites following Cloudflare's announcement of an 'internal service degradation.' The incident highlights the reliance of many crypto platforms on Cloudflare's services, raising concerns about the stability of online financial services.

A significant outage at Cloudflare has disrupted access to various cryptocurrency websites, including Coinbase and Blockchain.com, as well as several social media platforms. Users reported difficulties in reaching these sites following Cloudflare's announcement of an 'internal service degradation.' This incident highlights the reliance of the cryptocurrency sector on third-party services for operational stability.