On October 20, a technical challenge in Amazon Net Companies’ (AWS) cloud infrastructure led to service issues for a number of on-line platforms, together with Coinbase
$1.78B
and Robinhood.
AWS confirmed the problem after it started and later mentioned that programs counting on the affected area had largely recovered. In an replace, AWS acknowledged that it will proceed monitoring the scenario and share extra particulars when obtainable.
Coinbase skilled bother resulting from errors and gradual response occasions in AWS’s Northern Virginia information middle. The consequence was a breakdown of Coinbase’s cell app.
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Customers had bother signing in, submitting trades, and transferring funds. Coinbase’s different product, Base, was additionally affected.
Coinbase mentioned that some customers have been starting to regain entry, however their group was persevering with to deal with the scenario with urgency.
In response to the newest replace on October 21, the alternate shared on X:
Coinbase programs have recovered after right this moment’s AWS outage. Whereas we don’t anticipate any extra instability, we are going to proceed to observe the scenario.
Robinhood was not hit as laborious however did expertise some issues. Customers famous delays so as processing and points with its API.
In an October 21 put up on X, the platform introduced:
Following points resulting from AWS, Robinhood companies are actually working usually. We respect your endurance and can proceed to observe the scenario.
In the meantime, Binance not too long ago addressed consumer issues after a number of tokens on its platform appeared to fall to zero throughout unstable market situations on October 10. What did the alternate say? Learn the complete story.









