Binance, KuCoin, MEXC report service issues due to AWS network interruption

Binance, KuCoin, and MEXC reported disruptions due to an AWS network outage impacting various services. Binance indicated some orders failed but began restoring services. MEXC and KuCoin also experienced temporary issues, with MEXC alerting users to abnormal trading functionalities.

The AWS outage affects several exchanges reliant on AWS infrastructure, raising concern about centralized exchanges’ vulnerabilities. As AWS supports high-volume trades for major exchanges, this incident is a reminder of potential risks faced by the crypto trading ecosystem.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

More posts