Coinbase Exchange has been experiencing a significant outage lasting more than two hours, with users reporting an inability to trade or degraded platform performance. The exchange's status page attributes the disruption to an underlying AWS outage, pointing users to Amazon's service status page for updates.
Coinbase confirmed its team is actively investigating the issue and moved quickly to reassure customers that funds remain safe and unaffected. The incident highlights the exposure even top-tier crypto exchanges carry when core infrastructure depends on centralised cloud providers — an AWS disruption becomes a trading disruption at scale.
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