<p>Crypto exchange OKX hasn't processed any withdrawals for almost seven hours owing to a failure with its cloud services provider.</p> <p>The exchange shows a partial outage for deposits and withdrawals for all coins and tokens on its platform and one of its main <a href="https://etherscan.io/address/0x6cc5f688a315f3dc28a7781717a9a798a59fda7b#tokentxns">hot wallets</a> shows that it hasn't processed withdrawals since 2:47 a.m. UTC.</p> <p>The cause was an issue with Alibaba's cloud service in the Hong Kong area, <a href="https://twitter.com/okx/status/1604398914991296512">according</a> to OKX's official Twitter account. Alibaba <a href="https://www.alibabacloud.com/notice/repair1218?spm=a3c0i.7927650.4953345300.1.f0867cc3Yi6lhp">said</a> it had found an "equipment anomaly" and that engineers were working to fix the issue.</p> <p>OKX reiterated on Twitter that funds are safe at the exchange.<br /> <br /> <em>Update: At 1:56 p.m. ET, OKX <a href="https://www.okx.com/support/hc/en-us/articles/11552626661901-Update-on-OKX-downtime-today-">said</a> t<span class="css-901oao css-16my406 r-poiln3 r-bcqeeo r-qvutc0">rading activities could now resume.</span></em></p> <p><em>Update: At 11.49 p.m. ET, OKX said deposits and withdrawals are now back online.</em></p><br /><span class="copyright"><p>© 2023 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.</p> </span>