200% Bonus: 100K Daily Giveaways, Instant Withdrawals, Best VIP Club, 3000+ Slots, Poker, Blackjack and More – Provably Fair
Join Drake At Stake – America’s Social Casino. Claim $25 Stake Cash FREE – PLAY NOW
Share
Cryptocurrency exchanges Binance, KuCoin alerted users about temporary interruptions that may result in partial execution of trading orders.
Binance, one of the world’s largest cryptocurrency exchanges, said it had temporarily paused withdrawals due to technical issues linked to its cloud service provider. In an X post on Tuesday, the trading platform said it’s “aware of an issue impacting some services on the Binance platform due to a temporary network interruption in the AWS data center.”
We are aware of an issue impacting some services on the #Binance platform due to a temporary network interruption in the AWS data center.
Some orders are still successful, but some are failing. If users failed, they may keep retrying.
Our team is working closely with AWS to…
The company suggested that the outage may not be affecting all users as the interruption may only affect trading activity for some users. “Some orders are still successful, but some are failing. If users failed, they may keep retrying,” the exchange said.
While the nature of the outage wasn’t disclosed, Binance said its team is working with Amazon Web Services to fix the problem. To limit risk during the outage, the exchange said had it decided to suspend withdrawals “to keep safe.”
It’s not clear how many users are affected. As of press time, Binance said that “all services are starting to recover and resume,” adding that withdrawals “have also reopened.”
“We will continue to monitor to ensure that all operations run smoothly. Thank you for your patience and understanding.”
Binance
Another crypto exchange KuCoin took to X to say that it is also experiencing disruptions due to the same AWS issue. In a notice to users, KuCoin said that due to a “large-scale network outage with AWS services, our platform is currently experiencing temporary disruptions.” The exchange added that its technical team is “working on a fix,” reassuring users that their assets “remain secure and all data is intact.”
Read more about
Rexas Finance Presale
Deep Dives
Bitcoin, gold rise while stocks fall: is decoupling here to stay?
‘We end up with a far more accurate AI agent’: Theta Labs CEO on Rockets’ ClutchBot
TRUMP coin soars 73% on dinner hype — but July’s unlocks could tell a very different story
Exclusive: Scaramucci warns tariffs could trigger recession, boost Bitcoin and Europe
Big Tech is too big to win the AI future | Opinion
New $3.6b Bitcoin giant Twenty One Capital takes aim at Saylor’s Strategy
What to know about IOTA’s Rebased upgrade: deprecated Firefly wallets, changes in validator tokenomics
As OpenAI targets $174B by 2030, rivals, lawsuits, and infrastructure strain loom large
Exclusive: Adam Kinzinger slams Trump’s crypto ventures as corruption risk
Exclusive: Saros launches new liquidity model v3 to reform Solana DeFi
Related News
INIT crypto surges 36% post-launch, edging towards $1 as volume explodes over 45,000%
Binance launches ‘Fund Accounts’ to attract traditional investors into crypto
Onyxcoin price surges 10% – is another 200%+ breakout in play?
Get crypto market analysis and curated news delivered right to your inbox every week.
You have successfully joined our subscriber list.
