Coinbase says AWS cooling failure crashed exchange during turbulent week — CEO Brian Armstrong calls it 'never acceptable'

Coinbase COIN Chief Executive Brian Armstrong said an overheating issue inside an Amazon Web Services (AWS) data center ...
The Next Web

Coinbase cut 700 jobs on Monday, lost $394 million on Thursday, and went dark on Friday because a data centre overheated

Coinbase went offline for seven hours after an AWS data centre overheated in Virginia. The outage capped a week of 700 layoffs and a $394M quarterly loss.
Decrypt

Coinbase Outage Disrupts Crypto Trading and Transfers Amid Amazon Service Failure

Coinbase says Amazon Web Services failures across multiple availability zones caused an extended outage on its platform.

Amazon reports cloud outage at North Virginia data center; CME, Coinbase face trading issues

May 7 (Reuters) - Amazon's cloud unit reported an outage at one of its data center zones in northern Virginia on Thursday, ...
AOL

5 Steps To Protect Your Crypto Funds After the Coinbase Hack

Recently, the American cryptocurrency exchange Coinbase found itself under attack by a squad of cyber criminals who, teaming with overseas Coinbase support agents, stole a small amount of customer ...
AOL

A Coinbase user thought he called customer support. Instead he lost $100,000 in 20 minutes to scammers

The crypto market was heating up and Fred, who is in his 60s and lives in Connecticut, figured it was a good time to shift some of the positions he held in his Coinbase account. After encountering ...