Coinbase Issues Update After AWS Crash

**Coinbase Suffers Major Outage Following Amazon Web Services Crash, Disrupting Cryptocurrency Trading**

Coinbase, one of the world's largest cryptocurrency exchanges, experienced significant platform disruptions Monday morning following an extensive Amazon Web Services (AWS) outage that lasted several hours. The cloud computing failure prevented numerous Coinbase users from accessing their accounts, executing Bitcoin trades, and managing their digital asset portfolios during critical market hours.

The AWS-related downtime highlights the cryptocurrency industry's heavy reliance on centralized cloud infrastructure, raising concerns about blockchain platform resilience and decentralized finance (DeFi) accessibility. Coinbase customers reported inability to buy, sell, or monitor their cryptocurrency holdings, including Bitcoin, Ethereum, and other digital assets, potentially impacting trading volumes and market liquidity.

This incident underscores the interconnected nature of modern financial technology infrastructure, where even decentralized cryptocurrency platforms depend on traditional cloud services. The outage affected not only Coinbase's trading functionality but also raised questions about the broader crypto ecosystem's vulnerability to third-party service disruptions. Market analysts suggest such incidents may accelerate discussions around truly decentralized trading solutions and redundant infrastructure systems for major cryptocurrency exchanges.