This marks the second major Amazon AWS outage since April, when AWS’s “connectivity issues” created usability issues for at least eight large crypto exchanges. Coinbase and Robinhood were among several major platforms affected by an Amazon Web Services (AWS) data center outage on Monday, underscoring the risks of relying on centralized cloud providers for critical financial infrastructure.Coinbase, the third-largest centralized cryptocurrency exchange (CEX) by trading volume, was hit by an AWS data center outage, which reported “increased error rates and latencies” for multiple AWS Services in the Northern Virginia region.“We can confirm global services and features that rely on US-EAST-1 have also recovered. We continue to work towards full resolution and will provide updates as we have more information to share,” wrote AWS in a Monday update, about three hours after the outage was first reported.Read more This marks the second major Amazon AWS outage since April, when AWS’s “connectivity issues” created usability issues for at least eight large crypto exchanges. Coinbase and Robinhood were among several major platforms affected by an Amazon Web Services (AWS) data center outage on Monday, underscoring the risks of relying on centralized cloud providers for critical financial infrastructure.Coinbase, the third-largest centralized cryptocurrency exchange (CEX) by trading volume, was hit by an AWS data center outage, which reported “increased error rates and latencies” for multiple AWS Services in the Northern Virginia region.“We can confirm global services and features that rely on US-EAST-1 have also recovered. We continue to work towards full resolution and will provide updates as we have more information to share,” wrote AWS in a Monday update, about three hours after the outage was first reported.Read more