15h ago
🔥 AWS Meltdown Takes Down Coinbase, ETH L2s, and Half the Internet
A massive Amazon Web Services (AWS) outage today disrupted major parts of the internet, and crypto was hit hard.
Platforms like Coinbase, Robinhood, and multiple Ethereum Layer 2 networks suffered downtime after AWS’s DynamoDB service failed in the US.EAST-1 region, triggering global slowdowns across 58 services.
The glitch affected key blockchain infrastructure providers like Infura, disrupting access to Polygon, Arbitrum, Optimism, #Linea, Base, and Scroll.
Experts warned the event exposed crypto’s centralized cloud dependency, with ~37% of Ethereum nodes hosted on AWS. As Rotkiapp founder Lefteris Karapetsas put it:
“The whole vision behind blockchain was decentralized infrastructure, which we’ve completely failed on.”
While services have largely recovered, the outage reignited calls for decentralized cloud alternatives like Filecoin and Arweave, whose tokens ironically outperformed the market following the crash.
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