Key Takeaways:
- The Coinbase incident is one in which the company said they experienced “significant” issues with the performance of their platform because of a massive AWS service disruption.
- The incident was traced to overheating and power problems in AWS’s US-East-1 data center.
- AWS confirmed that it is still working to recover from the incident, indicating that some services, including EC2 and EBS, are still impacted.
Coinbase, the world’s most popular cryptocurrency exchange, was severely impacted by a widespread outage of Amazon Web Services that affected services related to Coinbase’s infrastructure. It caused connectivity and problems with some trading and user transactions on web and mobile services, as well as causing these transactions to take longer.
While staffers worked to restore back full functioning, Coinbase has assured its customers they were still safe.
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