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Microsoft Outage Exposes Vulnerabilities of Centralized Systems, Crypto Remains Unscathed


by CoinEdition

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Microsoft Outage Exposes Vulnerabilities of Centralized Systems, Crypto Remains Unscathed
  • A glitch in Microsoft’s operations has caused significant disruptions across several sectors.
  • The crypto industry remains unaffected by the situation.
  • Crypto executives give credit to the underlying blockchain technology.

A glitch in Microsoft’s operations has caused significant disruptions across several sectors of the global tech system. The London Stock Exchange, airlines, and banks were hit hard following the tech giant’s early-morning challenges. However, the crypto industry remains unaffected, with industry participants praising the sector’s robustness.

As of the time of writing, no major crypto exchange, DeFi project, or blockchain protocol has reported disruption of operations. Top cryptocurrencies have maintained their trends without experiencing unusual volatility. Crypto executives attribute this resilience to the underlying blockchain technology, which they argue is superior to financial intermediaries whose operations were significantly affected by the glitch.

Meanwhile, apart from financial institutions, several airlines have grounded flights due to the Microsoft outage. The cause of the outage remains unclear. There were no official report…

The post Microsoft Outage Exposes Vulnerabilities of Centralized Systems, Crypto Remains Unscathed appeared first on Coin Edition.

Read the article at CoinEdition

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$ 0.000161

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$ 0.00148


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Microsoft Outage Exposes Vulnerabilities of Centralized Systems, Crypto Remains Unscathed


by CoinEdition

Share:

Microsoft Outage Exposes Vulnerabilities of Centralized Systems, Crypto Remains Unscathed
  • A glitch in Microsoft’s operations has caused significant disruptions across several sectors.
  • The crypto industry remains unaffected by the situation.
  • Crypto executives give credit to the underlying blockchain technology.

A glitch in Microsoft’s operations has caused significant disruptions across several sectors of the global tech system. The London Stock Exchange, airlines, and banks were hit hard following the tech giant’s early-morning challenges. However, the crypto industry remains unaffected, with industry participants praising the sector’s robustness.

As of the time of writing, no major crypto exchange, DeFi project, or blockchain protocol has reported disruption of operations. Top cryptocurrencies have maintained their trends without experiencing unusual volatility. Crypto executives attribute this resilience to the underlying blockchain technology, which they argue is superior to financial intermediaries whose operations were significantly affected by the glitch.

Meanwhile, apart from financial institutions, several airlines have grounded flights due to the Microsoft outage. The cause of the outage remains unclear. There were no official report…

The post Microsoft Outage Exposes Vulnerabilities of Centralized Systems, Crypto Remains Unscathed appeared first on Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 0.000161

$ 0.00234

-2.79%

$ 0.00148


Share:

In This News

Coins

$ 0.000161

$ 0.00234

-2.79%

$ 0.00148


Share:

Read More

Ethereum is fighting for survival as insiders warn a “dangerous complacency” could make it irrelevant by 2030

Ethereum is fighting for survival as insiders warn a “dangerous complacency” could make it irrelevant by 2030

Ethereum remains the most consequential blockchain ever built. It introduced programm...
Bitwise adds ticker and fee to its Hyperliquid ETF as approval nears

Bitwise adds ticker and fee to its Hyperliquid ETF as approval nears

Cryptocurrency exchange-traded funds continue to record steady demand despite bearish...