Technical interruptions on Binance and KuCoin due to issues with AWS
The post Technical interruptions on Binance and KuCoin due to issues with AWS appeared on BitcoinEthereumNews.com.
On Tuesday, two of the most important cryptocurrency exchange platforms, Binance and KuCoin, reported temporary interruptions in their services due to a technical issue related to their cloud service provider, Amazon Web Services (AWS). The unexpected event caused malfunctions in the execution of trading orders and led to the temporary suspension of withdrawals on Binance, generating concern among users. Temporary disruptions for users of the main exchange platforms Binance and KuCoin due to AWS Through a post published on the platform X (formerly Twitter), Binance has communicated that it is aware of a problem affecting some services of its platform, due to a temporary network interruption in the AWS data center. The company explained that, although some orders are executed successfully, others are failing, inviting users to try again in case of error: “We are aware of an issue impacting some services on the Binance platform due to a temporary network outage at the AWS data center. Some orders are successful, others are not. If users encounter an error, they can try again. Our team is working with AWS to resolve the issue as quickly as possible.” To limit the risks during the interruption, Binance has decided to temporarily suspend withdrawals, a precautionary measure aimed at ensuring the security of users’ assets. The company has not provided precise details about the nature of the malfunction, but has assured that its technical team is working together with AWS to restore full operability. During the same day, Binance provided a positive update: all services are starting to recover, including the reopening of withdrawals. The platform emphasized that it will continue to closely monitor the situation to ensure that all operations return to normal functioning: “All services are starting to recover. Withdrawals have been reopened. We will continue to monitor to ensure that…
Filed under: News - @ April 15, 2025 7:28 pm