On Dec. 18, 2022 the crypto exchange, OKX, experienced service disruptions after primary infrastructure provider, Alibaba Cloud, announced a hardware failure in Alibaba Cloud’s Hong Kong data center.
Our development team is currently on standby. Not all services on Alibaba Cloud have been fully restored. pic.twitter.com/eAKDzakFUm
— OKX (@okx) December 18, 2022
The next day, the crypto exchange gave an update that it has “resumed Deposits and Withdrawals.
UPDATE: #OKX has resumed Deposits and Withdrawals of BTC (mainnet), ETH (mainnet), USDT (ERC20/TRC20), USDC (ERC20/TRC20), and other ERC20 tokens at 4:00 on Dec 19 (UTC).
Wallet services for the other crypto will resume in a few hours.https://t.co/5DcV9GqG7w pic.twitter.com/eeSrMJcGgz
— OKX (@okx) December 19, 2022
OKX Update: What Actually Happened?
According to the latest announcement by OKX official website, “On Dec 18, 2022 UTC, OKX systems experienced a hardware issue with its cloud service provider that interrupted
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