Coinbase blames AWS for hours-long crypto trading outage
Key takeaways
- By Olivier Acuna|Edited by Omkar Godbole May 8, 2026, 11:29 a.m. 2 min read Make preferred on Coinbase users face trading downtime due to an AWS outage.
- The crypto trading platform said users were unable to transact across web and mobile services after failures hit multiple AWS availability zones in the U.S.
- “Coinbase experienced service disruptions due to increased temperatures in the affected AWS service,” the trading platform said in a status-page update.
By Olivier Acuna|Edited by Omkar Godbole May 8, 2026, 11:29 a.m. 2 min read Make preferred on Coinbase users face trading downtime due to an AWS outage. (Sheldon Reback/Coin Desk)What to know: Coinbase suffered a multi-hour trading outage tied to an Amazon Web Services (AWS) failure in multiple U.S. East availability zones, temporarily halting customer transactions.The company said its systems are built to withstand a single-zone outage but were overwhelmed by failures across several AWS zones, prompting a brief shift to “cancel only” trading before full service was restored.The disruption comes as Coinbase faces weaker-than-expected first-quarter results, a share-price drop, and a 14% workforce reduction, drawing fresh criticism over its technical resilience.Coinbase (COIN) reported a multi-hour disruption to crypto trading on Thursday, which the Nasdaq-listed exchange attributed to an outage at Amazon Web Services. The incident drew criticism as Coinbase continues to grapple with declining trading activity, quarterly losses, and staff layoffs.
The crypto trading platform said users were unable to transact across web and mobile services after failures hit multiple AWS availability zones in the U.S. Eastern Region, located in Virginia.
“Coinbase experienced service disruptions due to increased temperatures in the affected AWS service,” the trading platform said in a status-page update. Trading was later restored after markets were briefly placed into a “cancel only” mode.