#BinanceSafetyInsights
April 15, 2025 — A major AWS (Amazon Web Services) outage triggered unexpected downtime across multiple platforms, including major crypto exchanges Binance and KuCoin.
What Happened?
A critical AWS data center outage disrupted key infrastructure, forcing both exchanges to pause certain operations.
Binance swiftly suspended withdrawals, putting user safety first.
KuCoin also faced delays and service interruptions.
Were Funds at Risk?
No.
Both Binance and KuCoin confirmed that all user assets remained safe.
The downtime was a precautionary move to protect users and avoid any potential losses.
Back Online
KuCoin was the first to bounce back, restoring full services by 07:00 UTC.
Binance followed, gradually resuming normal operations as AWS recovered.
What This Means
This incident is a reminder of how reliant crypto platforms are on third-party services like AWS.
It also underscores the need for strong contingency plans, fast responses, and transparent communication during tech outages.
Takeaway: Even the biggest platforms aren’t immune to infrastructure hiccups. But with the right protocols, security doesn’t have to be compromised.
Stay safe, stay informed.
