Cloudflare | Crypto

Many users reported not having access to websites, including Coinbase and Blockchain.com, and social media platforms after Cloudflare reported an “internal service degradation.” Cloudflare, the company responsible for providing network services to websites and platforms across the internet, reported disruptions, which removed access to the front end of many cryptocurrency websites and communications through social media. In a Tuesday update to its system status, Cloudflare said it had implemented a fix after reporting an “internal service degradation” at 11:48 am UTC.  “[W]e believe the incident is now resolved,” said Cloudlfare in an update on its status. “We are continuing to monitor for errors to ensure all services are back to normal.” Read more

Cloudflare said NET Dollar is aimed at powering instant payments for AI agents, creators and developers worldwide. Cloud infrastructure company Cloudflare has announced plans to move into the digital assets market with the launch of a US dollar-backed stablecoin. According to a Thursday announcement, the company is working on the NET dollar, its stablecoin intended to support instant transactions triggered by AI agents — autonomous software programs that can perform tasks such as booking travel, ordering goods or managing schedules. “Personal agents will be able to take instant, programmatic actions like paying for the cheapest flight, or ordering an item the moment it goes on sale,” Cloudflare said about its vision for the stablecoin. Read more

The following is a guest post and opinion from Ahmad Shadid, CEO at O.XYZ. For years, a broken value exchange has defined the web. AI companies, racing to build powerful models, deployed bots to scrape a vast internet of content without permission or compensation. This practice of harvesting news, art, and data undermined the creators […] The post Cloudflare’s bot paywall could ignite a tokenized content gold rush appeared first on CryptoSlate.