A temporary outage of LBank’s trade platform in December sparked discussion among users about how exchanges should approach cloud hosting. LBank CEO Allen Wei addressed the issue during a Twitter Space AMA on December 26th.
Why this matters:Veteran crypto exchanges like LBank are trying to uphold a long-standing reputation of seeing little service downtime and thwarting hackers.
Driving the discussion: Alibaba Cloud, LBank’s Cloud Service Provider, experienced technical issues on December 18, rendering the trade platform temporarily inaccessible for over 7 million users.
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