Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Checkpoint – March 2025 | Ethereum Foundation Blog

    November 20, 2025

    NBA Gambling Scandal: at least $400,000 in ETH seized

    November 20, 2025

    Ethereum Protocol Fellowship Cohort 5 Recap

    November 20, 2025
    Facebook X (Twitter) Instagram
    Block Buzz News
    • Bitcoin
    • Coinbase
      • Litecoin
      • Altcoins
    • Blockchain
    • Crypto
    • Ethereum
    • Lithosphere News Releases
    Facebook X (Twitter) Instagram YouTube
    Block Buzz News
    Home » Crypto traders locked out as AWS outage cripples Coinbase and Robinhood
    Coinbase

    Crypto traders locked out as AWS outage cripples Coinbase and Robinhood

    John SmithBy John SmithOctober 28, 2025No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Crypto traders locked out as AWS outage cripples Coinbase and Robinhood

    • Users were unable to access accounts or execute trades for more than two hours.
    • Other affected platforms included Snapchat, Reddit, Hulu, Xbox, and Fortnite.
    • Crypto traders expressed frustration as reliability concerns resurfaced.

    A major internet disruption on Monday briefly brought parts of the digital economy to a halt, as an Amazon Web Services (AWS) outage crippled platforms including Coinbase and Robinhood.

    The two-hour blackout disrupted trading activities, streaming services, and gaming networks, reminding users of the world’s heavy reliance on cloud-based infrastructure.

    The outage, which began in the early hours of Monday, affected users across regions, leaving them locked out of their accounts or unable to complete transactions.

    AWS failure stalls major crypto exchanges

    Coinbase, one of the world’s largest cryptocurrency exchanges, was among the first to report problems.

    Users attempting to log in or execute trades encountered error messages and account timeouts.

    The exchange later confirmed that the issue stemmed from an ongoing AWS outage, clarifying that customer funds remained secure.

    Coinbase’s social media post on X stated, “We’re aware many users are currently unable to access Coinbase due to an AWS outage. Our team is working on the issue and we’ll provide updates here. All funds are safe.”

    The exchange restored full functionality after more than two hours, but traders expressed frustration online, with some claiming losses or hinting at legal action over interrupted trades.

    Robinhood, another major platform, also confirmed technical problems linked to AWS.

    “AWS (one of our third-party vendors) is experiencing an outage,” the platform said in a post on X, assuring customers that its teams were working on a fix.

    For investors trading fast-moving digital assets, even short-term downtime can trigger missed opportunities and price discrepancies, fuelling debate about the industry’s dependence on centralised cloud providers.

    Internet-wide disruption exposes cloud dependency

    The AWS failure did not stop with crypto platforms.

    A string of major online services, including Snapchat, Reddit, Hulu, Grammarly, Xbox Network, Fortnite, and Electronic Arts, also experienced slowdowns or temporary access issues.

    The outage highlighted how deeply embedded Amazon’s infrastructure is in global online operations—from financial transactions to entertainment and gaming.

    Cloud computing, while offering flexibility and scalability, concentrates risk when one major provider experiences disruption.

    AWS remains the backbone for thousands of businesses, making the impact of such outages widespread and immediate.

    Monday’s incident renewed questions about redundancy and contingency planning across industries that rely on third-party data hosting.

    Repeated disruptions raise reliability concerns

    The recurrence of outages underscores broader concerns within the crypto community about system reliability during volatile market conditions.

    Retail investors depend on uninterrupted access to execute time-sensitive trades, and any downtime can erode confidence in trading platforms.

    Industry observers note that as digital asset adoption expands, exchanges must invest further in resilient infrastructure and communication transparency.

    AWS under scrutiny as reliance grows

    Amazon Web Services has long been the world’s largest cloud provider, hosting vast portions of the internet’s most popular platforms.

    Its occasional outages, however, reveal a single-point-of-failure problem that extends beyond crypto.

    Each incident amplifies concerns over whether global businesses are too dependent on one company for core online operations.

    AWS has not yet detailed the specific cause of Monday’s disruption but confirmed service restoration later in the day.

    The event reignited discussion on cloud diversification, pushing firms to evaluate hybrid or multi-cloud strategies to mitigate future risks.

    As the digital economy continues to expand, outages like this serve as a warning of the fragility underlying its seamless surface.

    Even brief interruptions can ripple across finance, communication, and entertainment, showing how interconnected and centralised the internet has become.


    Share this article

    Categories

    Tags



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    John Smith

    Related Posts

    NBA Gambling Scandal: at least $400,000 in ETH seized

    November 20, 2025

    CZ doesn’t like memecoiners worshipping a golden idol of him

    November 20, 2025

    From Ripple to Solana: crypto-TradFi partnerships that go nowhere

    November 20, 2025

    CHART: Crypto IPO winners and losers

    November 20, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    Imagen Network (IMAGE) to Integrate Google Agents to Payments (AP2)

    September 21, 2025

    Bitcoin leads rally amid Fed rate cut hopes, major ETFs boost crypto outlook

    September 22, 2025

    Litecoin Price Compresses In Tight Falling Wedge, Breakout Ahead?

    September 22, 2025

    Avantis (AVNT) price jumps 79%, sets new ATH, following multiple exchange listings

    September 22, 2025
    Don't Miss
    Ethereum

    Checkpoint – March 2025 | Ethereum Foundation Blog

    By Sophia BrownNovember 20, 2025

    Ethereum’s weekly All Core Developer calls are a lot to keep up with, so this…

    NBA Gambling Scandal: at least $400,000 in ETH seized

    November 20, 2025

    Ethereum Protocol Fellowship Cohort 5 Recap

    November 20, 2025

    Zcash price eyes breakout from inverse H&S, targets 40% upside

    November 20, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    About Us

    BlockBuzzNews: Your daily dose of the latest in cryptocurrency trends, insights, and updates!

    Our Picks

    Checkpoint – March 2025 | Ethereum Foundation Blog

    November 20, 2025

    NBA Gambling Scandal: at least $400,000 in ETH seized

    November 20, 2025

    Ethereum Protocol Fellowship Cohort 5 Recap

    November 20, 2025
    Most Popular

    Imagen Network (IMAGE) to Integrate Google Agents to Payments (AP2)

    September 21, 2025

    Bitcoin leads rally amid Fed rate cut hopes, major ETFs boost crypto outlook

    September 22, 2025

    Litecoin Price Compresses In Tight Falling Wedge, Breakout Ahead?

    September 22, 2025

    Type above and press Enter to search. Press Esc to cancel.