Key Highlights
- Cloudflare outage disrupted crypto sites and X, showing how dependent online platforms are on centralized network services.
- Recurring outages highlight vulnerabilities in crypto infrastructure and the need for more resilient systems to prevent downtime.
- Cloudflare’s NET Dollar and payment standards like Agent Payments Protocol aim to modernize online transactions and enable faster, secure digital payments.
A widespread problem with Cloudflare on Tuesday caused disruptions for many websites, including popular crypto platforms and X (formerly Twitter). Some users couldn’t access these sites at all. The cryptocurrency Toncoin was also significantly affected, and sites like Arbitrum’s Arbiscan and DefiLlama experienced temporary errors. People who tried to access these services saw messages indicating the issue was due to a problem with Cloudflare’s servers.
Cloudflare, a company that helps keep millions of websites secure and running smoothly, reported a problem with its servers. Around 11:48 UTC, they said they were looking into widespread errors (showing as ‘500 errors’) that were also affecting their own dashboard and API tools.
As an analyst, I’ve been tracking the recent 500 errors, which essentially indicate a problem on the server-side preventing web pages from loading. It wasn’t just crypto sites affected either; many other online services using Cloudflare experienced issues, really highlighting just how widespread Cloudflare’s network is globally.
The recent problems with Cloudflare caused immediate issues for cryptocurrency exchanges and data platforms. BitMEX stated they were looking into service interruptions related to the Cloudflare outage. This follows a similar large outage at Amazon Web Services (AWS) just weeks before, which impacted companies like Coinbase, Robinhood, and the Base Layer-2 network. These repeated disruptions demonstrate how reliant crypto systems are on a few key service providers, and how vulnerable they are when those services fail.
Cloudflare’s vision for the internet
Cloudflare is building financial tools to change how the internet handles money. In September 2025, they introduced NET Dollar, a digital currency linked to the U.S. dollar, designed for fast and secure payments between developers, content creators, and automated software.
According to CEO Matthew Prince, the future of online business will likely involve paying for content in small amounts – think of it as paying only for what you use. This system is designed to encourage and support the creation of high-quality, original content that people genuinely find valuable.
Cloudflare is also working on new standards, such as the Agent Payments Protocol and x402, to simplify online payments. This work is intended to update how money is transferred online, creating a more open and beneficial experience for everyone.
This recent disruption highlights how dependent websites and cryptocurrency platforms are on just a few companies. This can lead to unexpected problems for users, making it clear that we need more dependable online systems. Cloudflare’s NET Dollar initiative suggests a future where online payments and services are quicker and more efficient, utilizing small transactions and decentralized technologies.
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2025-11-18 19:45