⚡️🤡 NEW - Brian Armstrong says Coinbase's exchange went down last night because an AWS data center room overheated when multiple chillers failed. "Our centralized exchange did not [survive the outage]. Exchanges have unique architectures that optimize for latency and co-location of clients." "Given this incident, we'll revisit these tradeoffs to ensure we're giving you the best possible venue to trade."

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Coinbase hack/failure will be the sentinel event that launches the real bull market: self custody 🍿