BlockBeats News, May 8th - According to official sources, Coinbase has issued a statement regarding a service disruption event. At around 8:00 AM on May 8th Beijing time, the Coinbase system detected high error rates in multiple services and later traced the issue to AWS US-EAST-1 in the use1-az4 availability zone.

The Coinbase system originally had single availability zone fault tolerance, but this incident affected multiple availability zones, resulting in a prolonged interruption of core trading services. The main issues have now been fully resolved, and the team will conduct a comprehensive analysis of the event and provide further updates after the official postmortem report is released on AWS.