"All of this has led us to an inflection point, not just for Coinbase, but for every company," the CEO said.

The cloud platform says it is currently working to resolve the outage, caused by overheating at a data center in Northern Virginia.

May 7 (Reuters) - Amazon's cloud unit reported an outage at one of its data center zones in northern Virginia on Thursday, while derivatives marketplace CME Group and cryptocurrency exchange Coinbase ...