Binance, KuCoin Face Issues Amid AWS Outage
Binance, KuCoin, and other crypto firms experienced disruptions as they temporarily suspended withdrawals due to problems with Amazon Web Services (AWS). Binance managed to resume withdrawals shortly after the issue was flagged. However, users continued to report difficulties in executing trades. In an official X post, Binance acknowledged the situation, attributing it to a network interruption at their AWS data center. Some orders on Binance were reportedly successful but others failed, prompting users to retry their actions. Other platforms, including Rabby and DeBank, also reported outages tied to the AWS disruptions. AWS, a major cloud computing service provider, plays a key role in supporting various websites and applications, and any outages can lead to significant operational impacts for businesses reliant on their services.
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