AWS Outage Triggers Meltdown Across Top Crypto Exchanges

Last Updated on April 15, 2025

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AWS logo sign on the smartphone screen with code background. Source: Ployker - stock.adobe.com

Key Takeaways:

  • AWS’s Tokyo EC2 outage disrupted services at major exchanges like Binance, KuCoin, and MEXC, affecting trading, withdrawals, and system performance.
  • Binance and KuCoin experienced service delays; MEXC reported order failures and chart anomalies but maintained secure user assets.
  • The incident highlights crypto’s dependency on centralized infrastructure like AWS, renewing calls for decentralized solutions.

On April 15, major cryptocurrency platforms including Binance, KuCoin, and MEXC experienced disruptions due to a network outage at Amazon Web Services (AWS).

The issue originated in AWS’s Tokyo-based Elastic Compute Cloud (EC2), affecting at least 12 services.

Binance was among the first to report the problem, citing interrupted transactions and initially suspending withdrawals.

Services gradually resumed as AWS began to recover. KuCoin also confirmed temporary platform disruptions, while MEXC users faced abnormal trading behavior and delays in asset transfers, though Futures trading remained unaffected.

MEXC pledged to compensate users for verified losses. Other affected platforms included Coinstore, Gate.io, DeBank, Rabby Wallet, and Weex.

The outage highlights the crypto industry’s heavy reliance on centralized cloud infrastructure like AWS, which supports many major exchanges due to its low-latency capabilities.

This incident has reignited concerns over the risks of centralized dependencies in a space fundamentally built on decentralization, prompting renewed calls for more resilient and distributed systems.

About The Author

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Co-Founder / Managing Editor

Adam Morris, the co-founder of Crypto Head and a respected crypto expert, offers insightful commentary and analysis on cryptocurrency, NFTs, and the evolving digital landscape.

His extensive experience and features in top-tier publications like Forbes and CNN underscore his deep understanding of the crypto world and its future potential.

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