Crypto exchange OKX stops withdrawal after Alibaba Cloud had a system malfunction

Crypto exchange OKX stopped withdrawals temporarily after key infrastructure supplier Alibaba Cloud had a system malfunction.

Websites and apps at the Galaxy Macau hotel, Lotus TV Macau, and MFood delivery were also affected by the outage. On Sunday night, an Alibaba official announced that the problem had been rectified.

Alibaba Cloud announced that it will commit to enhancing its global partner ecosystem as part of a $1 billion investment to expand its strategic move globally. This includes funding, rebates, and go-to-market strategies to assist their partners in improving and inventing their technologies.

Other businesses and websites were also affected by this situation, including websites and apps controlled by the Monetary Authority of Macau (MAoM), Galaxy Macau hotel, Lotus TV Macau, and MFood.