Coinbase resumes trading after hours of AWS-linked disruption
The Block
Coinbase has fully restored exchange services after a major AWS outage caused trading suspensions and market disruptions.Summary
Coinbase successfully resumed trading operations following a significant service disruption linked to an AWS outage in the US-EAST-1 region. The incident forced the exchange to move markets into "Cancel Only" and auction modes to ensure a stable recovery. Although the outage initially impacted specific network transfers for ALEO and Solana, the technical issues eventually hindered broader web and mobile trading capabilities. All services have since been restored, occurring shortly after the company announced a 14% workforce reduction aimed at operational restructuring.
(Source：The Block)