Amazon AWS outage knocks Coinbase mobile app offline, Robinhood also affected
Summary
A significant outage in the Amazon Web Services (AWS) Northern Virginia (US-EAST-1) data center on Monday caused widespread disruption, notably affecting major financial platforms. Coinbase's mobile application crashed, preventing users from logging in, placing orders, or withdrawing funds, although services began recovering after about three hours. The stock trading platform Robinhood also experienced trading execution delays and Application Programming Interface (API) issues due to the same AWS disruption. This incident, which also affected other services like Reddit and McDonald's, has renewed calls within the crypto industry to develop decentralized cloud infrastructure alternatives to reduce reliance on centralized providers like AWS, which hosts many major exchanges.
(Source:Cointelegraph)