Cloudflare fixes outage affecting major crypto and AI platforms

Cloudflare (NET.N), opens new tab has restored impacted software services after a minor outage on Friday hampered access to crypto trading exchange Coinbase (COIN.O), opens new tab and Anthropic’s artificial intelligence chatbot Claude AI.

The web-infrastructure company’s shares fell as much as 4.5 percent in premarket trading, as the disruption came less than a month after a widespread outage prevented thousands from accessing major internet platforms, including X and ChatGPT.

Cloudflare’s outage between 0847 GMT and about 0913 GMT on Friday was not an attack, but caused by a change made to how its firewall handles requests, the company said.

“The change was deployed by our team to help mitigate the industry-wide vulnerability disclosed this week in React Server Components.”

Both Coinbase and Claude AI confirmed that the outage was resolved.

React, a tool used to build user interfaces, had disclosed a vulnerability in its application on Wednesday that could potentially allow unauthenticated, malicious code to be run on a system.

Reports about issues with Cloudflare dropped to about 120 by 06:10 a.m. ET (1110 GMT) from a peak of nearly 2,000, outage-tracking tool Downdetector showed.
Downdetector tracks outages by collating status reports from a number of sources, and the actual number of affected users may vary.

A rise in outages has raised concerns about organizations’ dependence on a few vendors for wide-ranging security and web solutions, and whether they have contingency plans when issues emerge from a single point of failure.

In October, an outage at Amazon’s cloud service made thousands of popular websites and apps, including Snapchat (SNAP.N), opens new tab and Reddit (RDDT.N), opens new tab, inaccessible.

Last year, a global tech outage related to issues at cybersecurity firm CrowdStrike (CRWD.O), opens new tab and Microsoft (MSFT.O), opens new tab hit various sectors.