Global Stock News

Coinbase Outage Disrupts Crypto Trading and Transfers Amid Amazon Service Failure

Coinbase Outage Disrupts Crypto Trading and Transfers Amid Amazon Service Failure

Coinbase users faced hours of service disruptions late Thursday and into early Friday after failures tied to Amazon Web Services infrastructure disrupted core trading systems, the cryptocurrency exchange said.

In a post on X Friday morning, Coinbase said the outage began around 8 p.m. ET on Thursday afternoon, after its systems detected elevated error rates across multiple services.

“Around 8 p.m. ET, Coinbase systems detected elevated error rates across multiple services, which the company traced to failures in AWS Availability Zone use1-az4 in the US-EAST-1 region,” Coinbase wrote.

The outage follows another AWS-related disruption in October that temporarily knocked Coinbase and Robinhood offline, and prevented some…

Source link

Share this article

Scroll to Top