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AWS Outage Hits Services, UAE Intercepts Missiles, Crypto ETFs Bleed Cash

08 May 2026, 00:00 - 04:00 (UTC)
1. Amazon Web Services (AWS) is experiencing a major technical disruption in its US-EAST-1 region due to cooling issues, affecting numerous online services including the Coinbase crypto platform.
2. The United Arab Emirates' (UAE) air defense system is reportedly engaging with missile and drone threats, significantly escalating geopolitical tensions in the Middle East.
3. US spot Bitcoin and Ethereum ETFs recorded significant net outflows of $268.5 million and $103.6 million respectively, signaling bearish sentiment in the crypto market.
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