Coinbase Outage Linked to AWS Failure Affects Crypto Trading
- Coinbase users experienced trading and fund transfer issues starting around 8 p.m. ET Thursday.
- The disruption was traced to failures in the AWS US-EAST-1 region, affecting multiple availability zones.
- Downdetector reports spiked at around 6 p.m. ET, with issues persisting into early Friday.
- 33% of user reports involved fund transfers, another third involved trading issues, and about a quarter were related to the mobile app.
- Amazon disputed Coinbase’s claim of multiple zone failures, stating only one zone was impacted.
Coinbase faced significant service disruptions due to Amazon Web Services infrastructure issues on Thursday night, affecting users’ ability to trade and transfer funds on the platform. The exchange reported that elevated error rates were detected across its services due to AWS failures in multiple availability zones.
Despite Amazon’s dispute over the extent of the outage, Coinbase has resolved the primary issue but continues to investigate alongside AWS for a comprehensive understanding of the incident’s impact.Source
