Statistics reveal that Binance and KuCoin, major cryptocurrency exchanges, temporarily halted withdrawals due to a network interruption at their data center provider, Amazon Web Services (AWS). Binance reported the issue on their platform, noting that while some orders succeeded, others failed. They advised users to retry if their orders did not go through. Remarkably, Binance managed to resume withdrawals just over five minutes after the initial report. Despite this quick recovery, users continued to experience difficulties in placing trades on both Binance and KuCoin. Additionally, crypto wallet Rabby and on-chain analytics tool DeBank also faced service disruptions during this period, with all services becoming unavailable. AWS, a critical cloud computing platform, supports numerous businesses with services like storage and computing power, making its outages potentially disruptive to dependent companies.
RozeFi
@DeFiRoze
路
Apr 2 WE ARE TOTALLY F*CKED!Wintermute withdrew 31.36M $FDUSD from Binance.Wintermute dumped $TST, $ACT, $DF (-80%)Binance allows them to use YOU as exit liquidity!In 24H you will regret joining crypto unless you read this
Beanie
@beaniemaxi
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Feb 12 As I posted the other day, it鈥檚 now confirmed from Binance itself that it sold $5B of speculative crypto assets. Nearly 100% of its reserves. Only kept a tiny amount of Bitcoin. And most of its BNB. It鈥檚 now holding mostly only customer deposits. And has barely any long exposure.
Stobix | AI-Driven Yield
@stobixcom
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1h 1/ Binance temporarily halted withdrawals due to a network outage at Amazon Web Services (AWS). Some services were down, with users experiencing errors on certain operations.
Solid Intel
@solidintel_x
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5h INTEL: Binance experiences downtime due to a temporary network interruption at an AWS data center.
Withdrawals are currently suspended as a safety measure
饾懆饾拡饾拞饾拸饾挄 饾懝饾拪饾拪饾拕饾拤饾拏饾挀饾拝
@iam_riichard
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19h 14/ But the community wasn鈥檛 convinced.Some believed the core team resigned before the crash.Others pointed out how fast insiders moved coins to exchanges.Then there鈥檚 this:“Binance had already reduced leverage on OM pairs back in October 2024.”Why? High volatility
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