Failed to connect bitbucket cloud - connecting from VS Code - error 502

Hi,
I am unable to connect to bitbucket from Visual Studio Code.
The Error message is as:

Error authenticating with bbcloud: Error: Error fetching Bitbucket tokens: Error: Request failed with status code 502
Give it a moment and try again.

I am accessing this machine behind proxy and internet is enabled via proxy.

Visual Studio Code - details

Version: 1.52.0 (user setup)
Commit: 940b5f4bb5fa47866a54529ed759d95d09ee80be
Date: 2020-12-10T22:45:11.850Z
Electron: 9.3.5
Chrome: 83.0.4103.122
Node.js: 12.14.1
V8: 8.3.110.13-electron.0
OS: Windows_NT x64 10.0.19041

Please provide the URL to whitelist for bitbucket authentication.
Otherwise, please let me know alternative way (if any) to ignore this authentication.

Regards
Karpagavinayagam

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