Coinbase’s latest outage was not just embarrassing. It was a reminder that crypto’s biggest venues still depend on the same fragile cloud stack as much of the internet. On May 7, Coinbase said customers were unable to transact on web and mobile, later attributing the disruption to an AWS outage and then moving markets into “Cancel Only” mode before re-enabling trading. AWS, for its part, tied the incident in US-EAST-1’s use1-az4 zone to a therma…
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