Coinbase, Robinhood Go Dark as Amazon Web Services Suffers Major Outage

Coinbase, Robinhood Go Dark as Amazon Web Services Suffers Major Outage

By Blockonomi
Amazon AWS experienced a major outage Monday morning that disrupted Coinbase, Robinhood, Snapchat, and numerous other platforms before being resolved.

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**Major AWS Outage Disrupts Leading Cryptocurrency Exchanges and Trading Platforms**

Amazon Web Services experienced a significant outage Monday morning, causing widespread disruptions across major cryptocurrency exchanges including Coinbase and Robinhood, highlighting the crypto industry's reliance on centralized cloud infrastructure. The outage temporarily prevented millions of users from accessing their Bitcoin, Ethereum, and other digital asset portfolios, creating potential trading obstacles during active market hours.

The service interruption affected not only cryptocurrency platforms but also popular applications like Snapchat, demonstrating AWS's critical role in supporting modern financial technology infrastructure. For crypto traders and DeFi enthusiasts, the outage underscored the importance of decentralized alternatives and raised questions about blockchain platform dependencies on traditional cloud services.

While Amazon resolved the technical issues relatively quickly, the incident sparked discussions within the cryptocurrency community about infrastructure resilience and the need for more distributed hosting solutions. The outage serves as a reminder that even decentralized digital currencies can be impacted by centralized service providers, potentially influencing future blockchain development strategies and exchange architectural decisions.

Article Details

Market Sentiment
positive
Category
altcoins
Reading Time
1 min read
Article Type
Article
Topics & Keywords
#Crypto#News

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