AWS Outage Causes Temporary Disruptions on Binance and KuCoin Platforms

On April 15, 2025, Binance and KuCoin experienced significant service interruptions when an AWS data center network interruption affected their systems. Withdrawals were temporarily suspended and users encountered failed orders during the incident. Although Binance managed to resume withdrawals within minutes, issues with trade placements continued on both platforms. Other crypto services, including on-chain analytics tools and crypto wallets, were also impacted by the outage. This event highlights the dependency of major crypto exchanges on third-party cloud service providers such as AWS and the potential vulnerabilities associated with this reliance. Despite the brief disruption, historical trends indicate that similar technical issues usually result in only short-term market volatility, without causing lasting damage to the underlying assets.