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The decentralized exchange dYdX was forced to halt operations on December 7 due to an Amazon (NASDAQ: AMZN) Web Service (AWS) outage, raising concerns about DeFi protocols’ reliance on centralized services.
AWS is one of the world’s most popular cloud services, and it powers a significant portion of decentralized infrastructure.
AWS provides websites with servers, storage, networking, remote computing, email, mobile development, and security.
Story by : Norvisi Mawunyegah