NewsletterJust-In: Polygon Labs CISO Confirms CrowdStrike Use, Systems Unaffected
Highlights
- Polygon Labs chief information security officer Mudit Gupta confirmed that the company uses CrowdStrike services.
- While the world faces global outage sue to CrowdStrike, the company remains unaffected.
- Crypto experts said the outage is another wake-up call for industries still relying on Web2.
Polygon Labs chief information security officer (CISO) on Friday confirmed the company uses CrowdStrike services. However, he cleared that the company’s system and services were not impacted while the world’s IT infrastructure suffered an outage due to a CrowdStrike update.
Polygon Labs Uses CrowdStrike Services
Mudit Gupta, CISO at Polygon Labs, took to X social media platform on July 19 to confirm that they weren’t affected by the global outage. He said the company also uses Crowdstrike, but the company doesn’t roll out non-critical updates before testing, a few of the measures the company takes for security.
“A good chunk of the world’s IT infrastructure is down right now, including emergency services, airports, and stock exchanges. Why other companies supporting critical operations don’t do that is beyond my understanding,” he added.
A bug in Crowdstrike falcon EDR’s latest version caused blue screen of death errors and crashes for millions of Windows users globally, impacting airlines, railways, stock exchanges, and more businesses.
Also Read: Binance Traders Open New Bitcoin Short Positions, What’s Ahead?
Crypto and Web3 Services Online Amid Global Outage
Crypto and Web3 remain unfazed by the Microsoft outage. Notably, even if Polygon Labs get impacted, Polygon networks will continue to run as it is decentralized.
“Even if Polygon Labs get affected in such an IT incident, nothing will be impacted on Polygon networks, said Mudit Gupta.
Crypto exchanges and other services remain online. Bybit announced it’s unaffected by the latest outage and assures clients and traders that “it’s very much business as usual at Bybit.”
Crypto experts warned industries are still reliant on Web2 for business and the outage is another wake-up call for these companies and industry. Blockchain and digital assets are the solutions.
Solana Labs co-founder Anatoly Yakovenko said all Microsoft Windows machines are just similar to clients plugged into one giant Windows computer. “Sun Microsystems was 30 years too early!”
Also Read: Donald Trump’s Big Money Raise From Bitcoin Conference Is Bullish For Crypto
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Premium Partners
Delivered every day.
- Insights that move markets
- 100,000 active subscribers
Related Articles
- Dogecoin ETFs Fail to Attract Capital Despite Hype as Expert Maintains $1 Price for 2026
- What’s Next for Crypto Market as $4.5B in Bitcoin, Ethereum Options Expire Today?
- Bestchange Review: Easily discover the best onramp and offramp trading platforms for crypto and fiat exchange.
- Ripple Transfers Over $152 Million in XRP to Binance After 600M Coins Shuffle
- Chainlink Gets Major Boost Amid DTCC’s SEC Approval for Tokenized ETFs
- Top 3 Price Predictions for Bitcoin, Ethereum, and XRP in DEC 2025
- Will Chainlink Price Break Toward $20 After 84K LINK Reserve Increase?
- XRP Price Target $3 as Spot ETFs Continue to See Inflows
- Ethereum price prediction following $57.6M ETF Inflows – What’s Coming?
- Here’s Why Solana Price Could Explode to $150 Soon
- XRP Price Hits Crucial Support as ETF Inflows and Top RLUSD Metrics Soar
