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REGULATION
by
2 years ago

OKX froze a withdrawal for over 7 hours due to Alibaba's cloud failure in Hong Kong

2022-12-19

REGULATION
by
2 years ago



OKX experienced withdrawal problems for nearly 7 hours due to a failure with its cloud provider. A spokesperson for the trading website pointed to Alibaba's shutdown in Hong Kong.

 


ref. OKX on Twitter 



This cause was a failure of Alibaba’s cloud service in the Hong Kong area according to OKX's official Twitter account had announced and engineers are working to fix this issue to use again.


 

ref. Avalanche 🔺 on Twitter


ref. Haider on Twitter is CMO's OKX


The recent bankruptcy of FTX, which occurred just a few months ago, has caused some traders to lose trust in trading exchanges. This situation has made them feel uncertain and unsure about the stability and reliability of these exchanges.

 

Source link: cointelegraph // Update on OKX downtime today – Help center 

Picture: Link

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