Coinbase Trading Disrupted for Hours Due to AWS Outage
Coinbase, one of the world’s largest cryptocurrency exchanges, experienced a multi-hour trading outage on May 8, attributing the disruption to a technical fault with Amazon Web Services (AWS).
According to reports from CoinDesk and The Block, Coinbase entered “Cancel Only” and auction-mode restrictions during the incident, preventing users from executing normal trades. The company has since announced that services have been fully restored but stated it will conduct a thorough investigation into the cause and impact of the outage.
The disruption came at a particularly sensitive time, coinciding with Bitcoin falling below $80,000 and heightened market volatility. AWS serves as Coinbase’s core cloud infrastructure provider, making its service reliability critical to the exchange’s operations.