Cloudflare has announced that the fix has been completed, and this incident has affected multiple encryption applications.

BlockBeats News, December 5th, Cloudflare updated its status regarding today's afternoon outage: "The fix has been implemented and we are monitoring the results."

Due to the impact of Cloudflare's outage, multiple cryptocurrency applications including Coinbase, Kraken, and various DeFi protocols experienced accessibility issues.

Furthermore, Cloudflare (NET.N) stock dropped over 3% in pre-market trading.