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By Shaurya Malwa|Edited by Parikshit Mishra
Apr 15, 2025, 8:45 a.m.
- Binance and KuCoin temporarily suspended withdrawals due to issues with their data center provider, Amazon Web Services (AWS).
- Binance resumed withdrawals shortly after the issue was reported, but users still face trading issues.
- Other services like Rabby and DeBank also reported outages linked to AWS disruptions.
Crypto exchanges Binance and KuCoin temporarily suspended withdrawals amid reported issues with their data center provider Amazon Web Services (AWS).
“We are aware of an issue impacting some services on the #Binance platform due to a temporary network interruption in the AWS data center,” Binance said in an X post.
STORY CONTINUES BELOW
“Some orders are still successful, but some are failing. If users failed, they may keep retrying.”
Binance opened withdrawals just over five minutes after the issue was first reported. Users are still reportedly facing issues placing trades on both Binance and KuCoin, X posts show.
Crypto wallet Rabby and on-chain analytics tool DeBank reported issues in separate X posts as well, with all services unavailable.
AWS is a cloud computing platform providing services like storage, computing power to all kinds of businesses. An outage may disrupt these services and impact companies relying on AWS for websites, applications, or data storage.
Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis.
Shaurya holds over $1,000 in BTC, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFII, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, VET, CAKE, AAVE, COMP, ROOK, TRX, SNX, RUNE, FTM, ZIL, KSM, ENJ, CKB, JOE, GHST, PERP, BTRFLY, OHM, BANANA, ROME, BURGER, SPIRIT, and ORCA.
He provides over $1,000 to liquidity pools on Compound, Curve, SushiSwap, PancakeSwap, BurgerSwap, Orca, AnySwap, SpiritSwap, Rook Protocol, Yearn Finance, Synthetix, Harvest, Redacted Cartel, OlympusDAO, Rome, Trader Joe, and SUN.
