Coinbase Says AWS Cooling Failure Crashed Exchange During Turbulent Week— CEO Brian Armstrong Calls It 'N
- On Thursday, Coinbase experienced a multi-hour trading disruption after an Amazon Web Services outage hit its northern Virginia data center, which AWS attributed to increased temperatures within a single Availability Zone.
- After detecting high error rates across multiple services, Coinbase engineers traced the failures to AWS infrastructure; the cloud provider worked to bring additional cooling capacity online and redirect traffic away from the impacted zone.
- Trading resumed following a cancel only period, with Coinbase confirming customer funds remained safe, though the disruption struck as the company reported a $1.49 per share loss and announced a 14% workforce reduction of roughly 660 employees.
- Software engineer Gergely Orosz, formerly at Uber and Skype, wrote that it was "unfortunate optics for Coinbase to have an hours-long outage when customers could not trade," while competing exchange Kraken maintained fully operational systems.
- The incident reflects broader infrastructure vulnerabilities exposed by the October outage affecting Snapchat and Reddit, and echoes the 2024 CrowdStrike malfunction that disrupted hospitals, banks and airports.
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Amazon Web Services outage enters second day. Here's what we know.
Since May 7, an Amazon Web Services outage has caused ripple effects across the internet.As the AWS outage entered its second day on Friday, Amazon reported recovery efforts were underway. Mashable 101 Fan Fave: Vote for your favorite creator today!In its most recent update, posted at 12:29 p.m. ET, Amazon acknowledged that recovery "efforts are slower than we had previously anticipated," and that "Full recovery is still expected to take several…
In Irony-Soaked Incident, Amazon Data Center Shuts Down Due to High Temperatures
On Thursday, Amazon Web Services said that one of its major data centers in north Virginia was overheating so much that it had to be shut down. According to The Next Web, AWS engineers were forced to throttle their services and then reroute customer traffic to other facilities, affecting customers like the crypto platform Coinbase, which experienced an “extended outage of core trading services.” Things hadn’t improved by Friday morning, and Amaz…
The fault caused a sudden rise in temperature and a power outage.
Amazon cloud outage at North Virginia data centre largely resolved
Amazon's cloud services were largely back online on Friday after overheating at one of its data centers triggered an outage that impacted companies including cryptocurrency exchange Coinbase.The cloud giant said it was making progress in resolving the issue after a rapid spike in temperatures at a single data center in northern Virginia on Thursday knocked out power. A full recovery would take several hours, it said.Coinbase said its services…
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