AWS Outage Reveals Crypto’s Reliance on Centralized Cloud Infrastructure

A recent outage impacting Amazon Web Services (AWS) exposed the crypto industry’s vulnerability to centralized cloud infrastructure, causing disruption for major platforms like Coinbase and Robinhood. This incident served as a stark reminder of the need for decentralized solutions within cryptocurrency operations. Industry experts like David Carvalho and Chris Anderson emphasized the criticality of resilient systems amidst this dependence on single cloud providers.