2025-10-21 16:29 |
A sudden disruption of Amazon Web Services (AWS) has left several big platforms and websites like Coinbase in confusion. Airlines, crypto platforms, banks, and even social media platforms were negatively impacted by the outage. AWS later came out to say it is now “seeing significant signs of recovery” and most requests should now be succeeding.
Coinbase Acknowledges Impact of AWS Outage on UsersAs of Oct. 20, Amazon Web Services (AWS) suffered an outage that led to disruption on several companies’ websites and apps.
As the backbone of millions of websites and apps, its impact on their operations was quite severe. A few of these companies have confirmed the extent of damage that the outage has done to their business. Among this group is Coinbase Global Inc.
Coinbase Support took to X, acknowledging that a few of its customers have faced difficulties accessing their platform due to an AWS outage.
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.
— Coinbase Support (@CoinbaseSupport) October 20, 2025
Customers of the cryptocurrency exchange were assured of the safety of their funds. In addition, the post noted that the Coinbase team has swung into action and is currently working on the issue. They promised to provide updates as they go.
At the same time, Amazon has claimed:
“We are seeing significant signs of recovery. Most requests should now be succeeding. We continue to work through a backlog of queued requests. We will continue to provide additional information.”
Coinbase Achieves Milestones Beyond AWS OutageBefore the AWS outage, Coinbase had a number of milestones as it pushed the boundaries of its business.
Only a few days ago, it announced a fresh investment in CoinDCX, one of India’s biggest cryptocurrency exchanges. This is part of its expansion plan for India and the Middle East. Coinbase’s goal is to strengthen trust and expand access to crypto services.
At the beginning of October, Coinbase staking services went live in New York. This meant an expansion of residents’ access to rewards on digital assets like Ethereum ETH $3 933 24h volatility: 0.6% Market cap: $474.71 B Vol. 24h: $34.39 B , Solana SOL $186.3 24h volatility: 0.3% Market cap: $101.78 B Vol. 24h: $6.02 B , and others, without needing technical know-how. Notably, this made New York the 46th US state where Coinbase offers staking services.
nextThe post Major AWS Outage Rocking Crypto World, Is Coinbase Affected? appeared first on Coinspeaker.
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