by Coinstrooper Crypto Articles
Quick Take
  • Coinbase revealed that some users are facing “degraded performance” on Thursday.
  • The disruption follows an Amazon Web Services (AWS) data center in Northern Virginia overheating.
  • Follow us on X to get the latest news as it happens
  • Coinbase told customers their funds remained safe and pointed them to the AWS health dashboard for updates.

What Happened

Coinbase revealed that some users are facing “degraded performance” on Thursday. The disruption follows an Amazon Web Services (AWS) data center in Northern Virginia overheating.

Follow us on X to get the latest news as it happens

The exchange flagged the issue around 6 p.m. Pacific time. Coinbase told customers their funds remained safe and pointed them to the AWS health dashboard for updates.

Market Context

In a separate update, Coinbase pinpointed the disruption to a specific Availability Zone, use1-az4 in the AWS US-EAST-1 region, where temperatures had spiked. The exchange said it would re-enable trading shortly.

In a latest update, the cloud platform said it is seeing early signs of recovery, with additional cooling capacity allowing the team to recover some impacted racks. AWS added that it was working to recover the additional racks “in a controlled and safe manner.”

The post Coinbase Hit by Outage as AWS Issues Disrupt Trading appeared first on BeInCrypto.

Why It Matters

“This issue is related to a broader AWS outage. We’re monitoring closely and working to restore full service. We’ll continue to update. Your funds are safe,” Coinbase posted.

AWS said rising temperatures at a data centre in ​Northern Virginia disrupted some services. It stated that teams are continuing efforts to restore temperatures to normal levels in the Availability Zone (use1-az4) in the US-EAST-1 Region.

Details

BeInCrypto has reached out to AWS for comment and will update this story with any response.

Subscribe to our YouTube channel to watch leaders and journalists provide expert insights