AWS Glitch Knocks Coinbase and Robinhood Offline Amid Peak Activity

Users of prominent cryptocurrency exchange Coinbase and the widely used trading application Robinhood faced severe disruptions on Monday, as a large-scale Amazon Web Services (AWS) outage rendered their platforms inaccessible for several hours. The incident, which impacted numerous online services globally, led to considerable frustration among crypto traders and investors who were unable to manage their digital assets or execute trades during the downtime. The reliance of major financial platforms on underlying cloud infrastructure highlights potential vulnerabilities within the broader digital asset ecosystem during widespread technical failures.