armstrong internet outage - Coinbase CEO Announces Plan to Reduce Downtime Following Recent Outage
Coinbase CEO Brian Armstrong revealed that the exchange experienced a service outage due to simultaneous cooling failures at an AWS data center, resulting in overheating. The incident highlighted limitations in the exchange’s architecture, which prioritizes low latency and colocated clients. Armstrong said the team will review the system design to reduce future downtime. The event adds to ongoing concerns in the crypto exchange space, as users remain cautious about potential hacking risks. He th