Crypto Traders Locked Out Due to AWS Outage
A global AWS outage briefly took down major platforms, including Coinbase and Robinhood, exposing the risks of heavy cloud dependence.
A two-hour blackout on Monday disrupted trading activities, streaming services, and gaming networks, reminding users of the world's reliance on cloud-based infrastructure.
- Coinbase, a leading cryptocurrency exchange, reported problems, with users encountering error messages and account timeouts.
- The exchange confirmed the issue stemmed from the AWS outage, assuring customer funds remained secure.
The outage affected users across regions, leaving them locked out of their accounts or unable to complete transactions.
The incident highlights the vulnerability of the digital economy to cloud infrastructure disruptions.
Author's summary: AWS outage affects crypto traders.