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Binance Faces Service Disruptions Due to AWS Data Center Outage

  • Binance, the world’s largest crypto exchange, experienced service disruptions due to an AWS data center outage.
  • Some trades failed, leading to temporary suspension of withdrawals as a precaution.
  • Other platforms, including KuCoin, Rabby, and DeBank, also faced unresponsive services and failed transactions.
  • The incident highlighted concerns about the dependency on cloud infrastructure and called for decentralization in the crypto space.

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