A brief but significant disruption in Amazon Web Services (AWS) caused service outages across several major crypto platforms on Monday, including Binance, KuCoin, and popular DeFi tools such as Rabby and DeBank.
AWS Outage Temporarily Halts Withdrawals
Binance was among the first to publicly acknowledge the issue, attributing it to a temporary network interruption in the AWS data center. The exchange temporarily paused withdrawals, citing inconsistencies in transaction processing.
"We are aware of an issue impacting some services on the #Binance platform due to a temporary network interruption in the AWS data center," Binance posted on X.
Just over five minutes after the disruption, Binance resumed withdrawals, yet users continued to report issues placing trades, with some orders failing intermittently. Affected users were encouraged to retry as partial functionality remained online.
KuCoin and Other Platforms Also Affected
Crypto exchange KuCoin reportedly experienced similar issues, with user reports on X indicating failed or delayed order executions. Though no official downtime announcement was made by KuCoin at the time, anecdotal evidence pointed to degraded service performance.
The issue wasn’t isolated to trading platforms alone.
Rabby Wallet, a multi-chain crypto wallet,
and DeBank, an on-chain analytics tool,
also reported service outages, stating their infrastructure was impacted by AWS disruptions.
AWS: A Backbone for Crypto Infrastructure
Amazon Web Services is a cloud computing giant that powers a wide array of crypto and tech applications. It provides storage, computing power, and data handling for major platforms — meaning even a brief network hiccup can have ripple effects across multiple services simultaneously.
These types of incidents underscore a growing dependency on centralized cloud providers — even in a decentralized industry. For exchanges and DeFi tools, AWS remains a critical backbone.
Key Takeaways
Binance and KuCoin temporarily halted key services due to AWS issues.
Withdrawals resumed within minutes, but trading issues lingered.
Rabby and DeBank also faced total outages tied to the AWS disruption.
Highlights the centralization risk cloud platforms introduce to crypto operations.
As the crypto sector continues to grow, this event serves as a reminder of how infrastructure dependencies — even on centralized cloud providers — can have industry-wide consequences.
