Binance, KuCoin, MEXC report service issues due to AWS network interruption
From Cointelegraph
April 15, 2025 4:53 AM:
Binance, KuCoin, MEXC, and other exchanges faced service disruptions due to an AWS network interruption. Centralized exchanges were impacted by an AWS data center outage, affecting at least 12 services on April 15. Binance quickly restored services, including user withdrawals, after collaborating with AWS. Other exchanges like KuCoin and MEXC also reported interruptions. Several exchanges faced issues related to AWS as of 9:30 am UTC.
The AWS outage underscores the necessity for decentralized alternatives to eliminate single points of failure. The incident affected multiple centralized exchanges, prompting discussions about exploring decentralized cloud services. Options include Filecoin for storage, Akash Network for computing, and Render Network for graphics processing unit services. The disruption may signal a need for more robust, decentralized infrastructure in the crypto industry.
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