Close Menu
  • Latest News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Meme Coins
  • DeFi
  • Tech
    • Blockchain
    • Security and Privacy
  • Web 3
    • Web3 News
    • Gaming
  • Legal
    • Taxes & Regulation
    • Adoption
  • Analysis
  • Learn
    • Education
    • Wallets and Exchanges
  • Tools
    • Market Overview
    • Converter
What's Hot

Robert Mitchnick Discusses BlackRock’s Bitcoin ETF IBIT Success On Bloomberg

June 10, 2025

Bull vs. Bear Markets in Crypto: What’s the Difference?

June 10, 2025

ETC Announces Fiscal 2025 Full Year and Fourth Quarter Results

June 10, 2025
Facebook X (Twitter) Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • Disclosure
Facebook X (Twitter) Instagram
Buy Crypto NewsBuy Crypto News
  • Latest News
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. Meme Coins
    5. View All

    Robert Mitchnick Discusses BlackRock’s Bitcoin ETF IBIT Success On Bloomberg

    June 10, 2025

    Will CPI Data Trigger a Crypto Crash?

    June 10, 2025

    Cathie Wood Says Bitcoin Hinting at Risk-On Market Structure, Sees BTC Holding Uptrend Against Gold

    June 9, 2025

    Major Cryptocurrencies Struggle as Hang Seng Cheers U.S.-China Trade Talks; U.S. Inflation Eyed as China Deflation Worsens

    June 9, 2025

    Can Ethereum outpace Bitcoin in Q3? – THESE datasets say yes

    June 10, 2025

    Ethereum: Understanding how $2.8K will write ETH’s next chapter

    June 9, 2025

    Ethereum surge ahead? – Traders, watch THIS range for ETH’s big move

    June 9, 2025

    Will Ethereum hit $2,323? Why traders are closely eyeing THIS zone

    June 8, 2025

    Crypto Products See ‘Noticeable Deceleration’ of Inflows As Monetary Policy Uncertainty Grows: CoinShares

    June 10, 2025

    Why BlackRock’s move could bring Ethereum’s $3K price closer than ever!

    June 9, 2025

    XRP Bull Trap? Analyst Sees $2.40 Fakeout Before Painful Crash

    June 9, 2025

    TRON: Who’s fueling TRX’s breakout? It’s not whales, here’s the answer!

    June 9, 2025

    Pepe, BMT, CAKE: Crypto Activity Heats Up

    March 18, 2025

    SHIB Burns Over Half a Billion Tokens, Price Surges Over 7%

    March 17, 2025

    DOGE Sees Massive User Growth: Active Addresses Up 400%

    March 15, 2025

    Shiba Inu (SHIB) Price Analysis: Bullish Hints, Bearish Trend

    March 15, 2025

    Robert Mitchnick Discusses BlackRock’s Bitcoin ETF IBIT Success On Bloomberg

    June 10, 2025

    Bull vs. Bear Markets in Crypto: What’s the Difference?

    June 10, 2025

    ETC Announces Fiscal 2025 Full Year and Fourth Quarter Results

    June 10, 2025

    Ronin Partners The Graph Protocol to Boost Developer Access for On-Chain Data

    June 10, 2025
  • DeFi

    IXS crypto surges on user spike, but pullback could follow

    June 10, 2025

    “No need to go public:” Tether brushes off IPO talk post Circle debut

    June 9, 2025

    Cetus Protocol relaunches with new roadmap and compensation plan after $223m exploit

    June 9, 2025

    Whales lose SYRUP sweet tooth despite Maple Finance’s growth

    June 9, 2025

    Here’s why Sonic erased $1.3 billion in value

    June 9, 2025
  • Tech
    1. Blockchain
    2. Security and Privacy
    3. View All

    Ronin Partners The Graph Protocol to Boost Developer Access for On-Chain Data

    June 10, 2025

    Crypto Trader James Wynn Confesses He ‘Lost Control’ After Losing $100M in a Month

    June 10, 2025

    Siren Al Join Forces with CARV Protocol to Power Decentralized AI with Verifiable Data  

    June 9, 2025

    Synapse Bridge: The Leading Cross-Chain Solution

    June 9, 2025

    Coinbase data breach spills offline as victims get scam mail

    June 6, 2025

    Cryptojacking Campaign Targets DevOps Servers Including Nomad

    June 3, 2025

    Sophisticated Malware Campaign Targets Windows and Linux Systems

    June 2, 2025

    US Treasury sanctions Philippines tech firm over aiding $200 million pig butchering spree

    May 31, 2025

    Robert Mitchnick Discusses BlackRock’s Bitcoin ETF IBIT Success On Bloomberg

    June 10, 2025

    Bull vs. Bear Markets in Crypto: What’s the Difference?

    June 10, 2025

    ETC Announces Fiscal 2025 Full Year and Fourth Quarter Results

    June 10, 2025

    Ronin Partners The Graph Protocol to Boost Developer Access for On-Chain Data

    June 10, 2025
  • Web 3
    1. Web3 News
    2. Gaming
    3. View All

    ETC Announces Fiscal 2025 Full Year and Fourth Quarter Results

    June 10, 2025

    Siili Solutions Plc: Share Repurchase 9.6.2025

    June 9, 2025

    Dassault Systèmes: declaration of the number of outstanding shares and voting rights as of May 31, 2025

    June 9, 2025

    How MEET48 $IDOL Airdrop Is Taking the Crypto World by Storm

    June 9, 2025

    Bonk ‘Kill-to-Earn’ Solana Launch, ‘FIFA Rivals’ Nears Release

    June 9, 2025

    Beyond Pay by Phone: Crypto and Other Payment Methods Not on Gamstop for Birmingham Players

    June 8, 2025

    A Steam Deck Rival That Supports Crypto Games

    June 8, 2025

    GPT WARS Partners with CribbleChat AI to Power Intelligent, Immersive Web3 Gaming Experiences

    June 7, 2025

    Robert Mitchnick Discusses BlackRock’s Bitcoin ETF IBIT Success On Bloomberg

    June 10, 2025

    Bull vs. Bear Markets in Crypto: What’s the Difference?

    June 10, 2025

    ETC Announces Fiscal 2025 Full Year and Fourth Quarter Results

    June 10, 2025

    Ronin Partners The Graph Protocol to Boost Developer Access for On-Chain Data

    June 10, 2025
  • Legal
    1. Taxes & Regulation
    2. Adoption
    3. View All

    Bull vs. Bear Markets in Crypto: What’s the Difference?

    June 10, 2025

    Will June 16 Change Everything?

    June 10, 2025

    Newly introduced GOP Bill seeks to write Trump’s strategic Bitcoin reserve into law

    June 10, 2025

    SEC to Host June 9 Roundtable on DeFi Regulation in Washington

    June 9, 2025

    Could Marathon be readying to team with Exxon or Aramco on flare gas Bitcoin mining?

    June 10, 2025

    Ripple boosts Japanese startups with $200,000 XRP Ledger (XRPL) grants

    June 9, 2025

    ‘Come to Dubai, habibi,’ what’s luring crypto companies to the Middle East?

    June 8, 2025

    Spot Ethereum ETFs post 14-day inflow run, lifting year-to-date haul above $3B

    June 7, 2025

    Robert Mitchnick Discusses BlackRock’s Bitcoin ETF IBIT Success On Bloomberg

    June 10, 2025

    Bull vs. Bear Markets in Crypto: What’s the Difference?

    June 10, 2025

    ETC Announces Fiscal 2025 Full Year and Fourth Quarter Results

    June 10, 2025

    Ronin Partners The Graph Protocol to Boost Developer Access for On-Chain Data

    June 10, 2025
  • Analysis

    Will it Reach $10 in the Upcoming Bullish Wave?

    June 9, 2025

    Crypto ETF inflows climb to $11 billion in 7 weeks with Ethereum leading amid US policy uncertainty

    June 9, 2025

    Analyst Says Bitcoin Has ‘Pretty Good’ Chance of Hitting Massive Price Target in 2026, Citing Three Technical Signals

    June 9, 2025

    Analyst Unveils New All-Time High Price Target for Bitcoin This Month, Says New Bubble Brewing in Crypto

    June 8, 2025

    JPMorgan Chase Says US Markets Climbing ‘Wall of Worry’ To New All-Time Highs – With Key Sector Getting Second Wind

    June 7, 2025
  • Learn
    1. Education
    2. Wallets and Exchanges
    3. View All

    What is a Corporate Bitcoin Treasury? The Strategy Behind Companies Holding Crypto

    May 27, 2025

    What Are Tokenized Real-World Assets? Putting Physical Value On-Chain With RWAs

    May 19, 2025

    Users Taunt Grok After xAI Says Modifications Were Made to Spit out ‘White Genocide’ Claim

    May 16, 2025

    What Is Base? The Ethereum Layer-2 Network Launched by Coinbase

    April 29, 2025

    Coinbase CEO says unnecessary account restrictions has reduced by 82%

    June 8, 2025

    Trump wallet saga escalates as family pursues legal action

    June 6, 2025

    Coinbase delayed revealing data breach that may cost up to $400M, drops third-party vendor

    June 6, 2025

    Over 60% pump.fun traders saw losses, less than 0.01% made over $1m

    June 5, 2025

    Robert Mitchnick Discusses BlackRock’s Bitcoin ETF IBIT Success On Bloomberg

    June 10, 2025

    Bull vs. Bear Markets in Crypto: What’s the Difference?

    June 10, 2025

    ETC Announces Fiscal 2025 Full Year and Fourth Quarter Results

    June 10, 2025

    Ronin Partners The Graph Protocol to Boost Developer Access for On-Chain Data

    June 10, 2025
  • Tools
    • Market Overview
    • Converter
Buy Crypto NewsBuy Crypto News
Home»Blockchain»Crypto Exchanges Binance and KuCoin Disrupted by AWS Outage, Services Now Recovering
Blockchain

Crypto Exchanges Binance and KuCoin Disrupted by AWS Outage, Services Now Recovering

April 15, 2025No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

On April 15, a significant service disruption stemming from an Amazon Web Services (AWS) outage caused widespread technical difficulties across major crypto exchanges, including Binance, KuCoin, MEXC, and others. The incident, described as a “large-scale network interruption,” temporarily affected trading functionality and withdrawals, leading to an industry-wide pause as centralized platforms scrambled to assess the situation and restore user services.

Centralized Exchanges Affected At Scale

Binance, the world’s largest crypto exchange by volume, was among the first to alert its users to the issue. In a post on X, formerly Twitter, Binance acknowledged that the platform was experiencing problems due to a temporary network interruption at an AWS data center. As a precautionary measure, withdrawals were suspended to minimize risk during the interruption.

Less than an hour later, Binance confirmed that most services had begun to recover, adding that withdrawals had been reopened, but some residual delays might persist as systems stabilized. KuCoin followed suit with a similar statement, citing a “large-scale network outage with AWS services” as the root cause behind its platform disruptions. Reassuring users, KuCoin emphasized that all user funds and data remained secure and that its technical team was actively working to resolve the situation.

Other platforms reported related technical issues, such as MEXC, Gate.io, Coinstore, Rabby Wallet, and DeBank. Users encountered anomalies like failed order cancellations, abnormal candlestick charts, and delayed asset transfers. As of 9:30 a.m. UTC, the AWS outage affected at least eight centralized exchanges and crypto service providers.

AWS Becomes a Single Point of Failure

The incident raised a deeper and more structural concern: the industry’s dependence on centralized infrastructure like AWS. Amazon Web Services powers some of the most popular platforms in the space, including Binance, Crypto.com, Coinbase, Kraken, BitMEX, and Huobi. While AWS is known for its stability and capacity to handle large volumes of low-latency transactions, Monday’s service disruption exposed the potential fragility of relying on a single service provider for mission-critical operations.

See also  Is Puerto Rico a Crypto Tax Haven? In-Depth Complete Guide

Gracy Chen, CEO of Bitget, succinctly summarized the sentiment: “It’s a solid reminder: maybe it’s time to explore decentralized cloud services.” The outage has reinvigorated discussions around decentralization, not as a philosophical abstraction but as a practical necessity. Edmund Chua, head of mETH Protocol, also wrote: “AWS down and 90% of crypto is down. Decentralization is a meme.”

Between Idealism and Practicality

The AWS outage also spotlights a sector trying to bridge the centralized and decentralized world: Decentralized Physical Infrastructure Networks, or DePIN. Although DePIN projects often promote themselves as decentralized alternatives to traditional infrastructure, many rely ironically on centralized service providers like AWS to deliver core services.

A January feature on Cryptonews delved into this paradox, questioning whether pursuing decentralization for its own sake was even realistic. The article noted that despite their ideals, most DePIN projects remain hybrid. They leverage legacy infrastructure like corporate-owned servers and telecom grids while introducing blockchain-based incentives and governance mechanisms. Full decentralization isn’t always the goal. Rather, DePIN’s mission is to enhance legacy systems using decentralized technologies, not to overthrow them. These networks provide decentralized storage (e.g., Filecoin), computing power (e.g., Akash Network), and GPU services (e.g., Render Network), yet they often depend on existing data centers to scale efficiently. Centralization is not shameful when it’s openly acknowledged and effectively used.

As services across Binance, KuCoin, and others gradually return to normal, the crypto community is left with more than just operational lessons. The event may be a turning point in the industry’s thinking about cloud dependency, decentralization, and the technologies needed to secure the next wave of Web3 infrastructure.

See also  GENIUS Act Revival Triggers Senate Showdown Over $2B Trump Stablecoin Deal
AWS Binance Crypto Disrupted exchanges KuCoin outage Recovering Services
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Bull vs. Bear Markets in Crypto: What’s the Difference?

June 10, 2025

Ronin Partners The Graph Protocol to Boost Developer Access for On-Chain Data

June 10, 2025

Crypto Products See ‘Noticeable Deceleration’ of Inflows As Monetary Policy Uncertainty Grows: CoinShares

June 10, 2025

IXS crypto surges on user spike, but pullback could follow

June 10, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Arthur Hayes Predicts Run To $10,000

May 21, 2025

Michael Saylor, Marathon meet with Trump team aligning with possible Bitcoin reserve

January 21, 2025

StellaSwap Partners with The Graph to Enable Indexing Rewards on Moonbeam Network

January 29, 2025
Price Chart


Explore insights on crypto, blockchain, taxes, and security. Stay informed with expert guides, tips, and the latest trends to navigate the digital asset world confidently


We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Robert Mitchnick Discusses BlackRock’s Bitcoin ETF IBIT Success On Bloomberg

June 10, 2025

Bull vs. Bear Markets in Crypto: What’s the Difference?

June 10, 2025

ETC Announces Fiscal 2025 Full Year and Fourth Quarter Results

June 10, 2025
Get Informed

Subscribe to Updates

Get the latest creative news From BuyCryptoNews directly in your Inbox!

  • Contact
  • Privacy Policy
  • Terms & Conditions
  • Disclosure
© 2025 BuyCryptoNews - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.