Binance and KuCoin Suspend Withdrawals Due to AWS Service Disruption

Withdrawals on crypto exchanges Binance and KuCoin were temporarily suspended due to issues with Amazon Web Services (AWS). Key points include:

  • A network interruption at AWS affected Binance services.
  • Binance reported some orders are successful while others fail; users advised to retry.
  • Withdrawals resumed within five minutes after the issue was identified.
  • Continued trading problems reported by users on both exchanges.
  • Crypto wallet Rabby and analytics tool DeBank also noted unavailability of services.
  • AWS outages can disrupt various businesses reliant on its cloud services.