Coinbase suffered an outage and degraded performance, linked to problems with a specific AWS facility.
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 says an AWS cooling failure caused a major outage that disrupted trading and delayed balance updates.
Coinbase says Amazon Web Services failures across multiple availability zones caused an extended outage on its platform.
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 ...