"Coinbase’s exchange suffered a 2+ hour outage on May 8, due to an AWS infrastructure failure. Some Coinbase users could not trade or faced degraded performance during the AWS disruption. Coinbase confirmed it is investigating the issue; no resolution timeline has been shared publicly."
"Coinbase, one of the world's largest cryptocurrency exchanges by trading volume, experienced a significant service disruption Friday morning after an outage at Amazon Web Services (AWS), the cloud infrastructure provider underpinning the platform, knocked out trading access for a significant portion of its user base."
"The company's official status page noted that some users may be unable to trade or experience degraded performance, and that its dev team was actively investigating the matter. AWS, a subsidiary of Amazon and one of the world's leading cloud computing providers, serves as critical backend infrastructure for a wide range of financial services companies, including many of the world's top crypto exchanges."
"For retail traders, extended exchange downtime carries real financial consequences. On days when crypto assets are moving sharply, even a 30-minute window of inaccessibility can mean missed entries, failed stop-losses, or unintended portfolio exposure."
Coinbase experienced a service disruption on May 8 after an Amazon Web Services infrastructure failure. Some users could not trade or saw degraded performance during the outage. Coinbase’s status page reported that its development team was investigating and that no public resolution timeline was provided. AWS underpins Coinbase’s trading platform and also supports many other financial services and crypto exchanges. When AWS has regional disruptions, dependent platforms can be affected quickly. The timing followed Coinbase’s Q1 2026 earnings period, during which it reported buying $88 million worth of bitcoin and confirmed that its USDC contract auto-renews into perpetuity, showing how tightly its revenue model depends on stablecoin infrastructure. Extended downtime can cause financial harm for retail traders during periods of rapid price movement.
Read at news.bitcoin.com
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