Global cloud outage affects major internet platforms

Simultaneous outages affected key internet services globally, highlighting the tech sector’s heavy reliance on centralized providers. Community reactions showcased frustration and a growing conversation about the need to promote decentralized technology to prevent future disruptions.

As of June 12, 2025, Ethereum (ETH) is priced at 2,685.16 USD with a market cap of 324.16 billion USD. The cryptocurrency experienced a 4.40% decline in the last 24 hours but saw a 7.42% increase over the preceding week.

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