Coinbase trading disrupted by AWS outage
6.6 Security Coinbase faced a multi-hour outage on May 8, 2026, after an AWS data center overheated. Trading was disrupted, but funds remained safe. Coinbase enabled "Cancel Only" mode and worked to restore normal operations.
Coinbase experienced a significant outage on May 8, 2026, after an overheating incident at an Amazon Web Services (AWS) data center in Northern Virginia. The disruption lasted several hours, causing degraded performance and preventing many users from trading on both web and mobile platforms. As a risk management measure, Coinbase placed all markets into "Cancel Only" mode, allowing users to cancel existing orders but not place new trades. The company reassured customers that their funds remained safe throughout the incident and provided regular updates, directing users to the AWS health dashboard for more information. AWS reported ongoing recovery efforts, with gradual restoration of affected systems in the US-EAST-1 availability zone. The outage underscored the crypto sector's reliance on cloud service providers like AWS. Coinbase's technical team worked to restore full service, promising to re-enable trading in phases once stability was confirmed.
