Binance and KuCoin Experience Disruptions Due to Amazon Data Center Outage. . .

Binance and KuCoin simultaneously faced service disruptions caused by a large-scale network outage at Amazon Web Services (AWS) data centers, affecting user transactions and withdrawals.

Two major cryptocurrency exchanges, Binance and KuCoin, have alerted users about temporary service disruptions that may result in partial execution of trading orders.

Binance — one of the world’s leading crypto exchanges — announced that it had temporarily suspended withdrawals due to technical issues related to its cloud service provider. In a post on X (formerly Twitter) on Tuesday, Binance stated: “We are aware of an issue affecting some services on the Binance platform due to a temporary network interruption at an Amazon Web Services (AWS) data center.”