Coinbase suffered an outage and degraded performance, linked to problems with a specific AWS facility.
Coinbase says an AWS cooling failure caused a major outage that disrupted trading and delayed balance updates.
Coinbase went offline for seven hours after an AWS data centre overheated in Virginia. The outage capped a week of 700 layoffs and a $394M quarterly loss.
The recent disruption at investment platform Coinbase (NASDAQ:COIN), triggered by a widespread failure at Amazon Web Services (AWS), underscores a persistent vulnerability in the infrastructure ...
Coinbase says Amazon Web Services failures across multiple availability zones caused an extended outage on its platform.