A major Cloudflare outage on Nov. 19, 2025 disrupted numerous crypto apps and services, highlighting the ecosystem’s dependence on centralized internet infrastructure. The failure — Cloudflare's worst since 2019 — underlined a gap between Web3’s decentralization claims and real-world resilience.
Bybit’s Lazarus Security Lab says 16 major blockchain networks have mechanisms that allow foundations or validators to freeze assets on-chain. The finding raises fresh questions about custody, governance and true decentralization.