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

                                                                               Nubank Vice-Chairman Roberto Campos Neto said the bank will test stablecoin credit card payments, as adoption of stablecoins accelerates across Latin America.                     Nubank, Latin America’s largest digital bank, is reportedly planning to integrate dollar-pegged stablecoins and credit cards for payments.The move was disclosed by the bank’s vice-chairman and former governor of Brazil’s central bank, Roberto Campos Neto. Speaking at the Meridian 2025 event on Wednesday, he highlighted the importance of blockchain technology in connecting digital assets with the traditional banking system. According to local media reports, Campos Neto said Nubank intends to begin testing stablecoin payments with its credit cards as part of a broader effort to link digital assets with banking services.Read more