Coinbase says an AWS cooling failure caused a major outage that disrupted trading and delayed balance updates.
What happened: An overheating failure in AWS's North Virginia US-EAST-1 region caused power loss in one Availability Zone, disrupting services for hours. Who was hit: Coinbase halted trading, FanDuel ...
Coinbase says Amazon Web Services failures across multiple availability zones caused an extended outage on its platform.
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.
Coinbase CEO Brian Armstrong said the crypto exchange has reduced unnecessary user account freezing by 82%, after identifying it as a “major issue.” In a June 6 X post, Armstrong acknowledged that ...
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