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Coinbase Experienced Outages after an Amazon Web Services Data Centre Overheated - Tekedia

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Key summary

2 min read
  1. Coinbase reportedly faced login issues, delayed transactions, and trading interruptions after an AWS data center in Virginia overheated.

  2. The cloud failure disrupted infrastructure supporting the cryptocurrency exchange’s services.

  3. The incident highlights how dependent major crypto platforms are on centralized cloud providers.

  4. It raises broader concerns about resilience, access to trading, and concentration risk in digital finance.

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