Binance, Other Crypto Exchange, Affected By Amazon Web Services

Binance, the largest crypto-to-crypto exchange, has experienced problems with APIs and withdrawal processing, due to network issues with Amazon Web Services (AWS).

Binance has since temporarily disabled deposits and withdrawals to address the problems.

It turns out that Binance isn't the only one affected, KuCoin and BitMax have also halted withdrawals with KuCoin stating on its website that "part of its services might become unavailable."

In an interview with Amazon, they confirmed that the AWS has experienced a temporary outage in the Asia Pacific (Tokyo) region. The recovery of AWS services in Tokyo is already in progress but not fully resolved yet.