Network Issues Hit Binance and KuCoin Leading cryptocurrency exchanges Binance and KuCoin have both reported experiencing network problems, leading to disruptions in some of their services. Binance announced via X (Twitter) that a temporary network outage within an Amazon Web Services (AWS) data center was the root cause. This outage impacted the functionality of certain Binance services. The exchange assured users that they were actively investigating the cause and working towards a swift resolution. KuCoin also reported similar issues, citing a temporary network failure as the reason for service disruptions. Their technical team is currently engaged in emergency recovery efforts. KuCoin has promised to announce the completion of the recovery process through their official communication channels. Users of both exchanges should stay informed through official announcements for updates on service restoration. These outages highlight the reliance of crypto exchanges on stable network infrastructure. ```
