Scott Melker: Coinbase outage linked to AWS failures in U.S. East region

Scott Melker: Coinbase outage linked to AWS failures in U.S. East region
Coinbase outage linked to AWS failures

Scott Melker, owner and content creator at https://x.com/scottmelker, reports that Coinbase experienced an outage on May 7 caused by multi-zone AWS failures in the U.S. East region.

According to Melker, these technical problems impacted Coinbase's core trading services before full restoration.

Melker has previously reported that Jane Street set profit records this year, awarding $9.38 billion in compensation. He has also discussed reports of the U.S. government accumulating Bitcoin. The author's recent updates continue to track significant developments across traditional and digital assets.

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