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A widespread network interruption at Amazon Web Services (AWS) on April 15 caused massive service disruptions across major centralized crypto exchanges (CEXs), including Binance, KuCoin, and MEXC.
AWS reported “connectivity issues” at one of its data centers that affected at least a dozen services, sparking temporary outages across the digital asset ecosystem. Binance was among the first to acknowledge the issue, stating that some user orders were failing while others succeeded. Withdrawals and core functionality were later restored after AWS provided technical support.
“We are aware of an issue impacting some services on the #Binance platform due to a temporary network interruption in the AWS data center,” the exchange posted on X.
Other exchanges affected included Gate.io, Coinstore, Weex, and wallet providers like DeBank and Rabby. MEXC warned users of “abnormal candlestick charts” and delayed asset transfers, but assured that user funds remained safe.
As of 1:50 pm UTC, most affected platforms resumed normal operations, though DeBank remained impacted.
AWS Dependency Raises Infrastructure Concerns
The outage highlights the growing reliance of centralized platforms on AWS, which powers the infrastructure of major exchanges such as Coinbase, Crypto.com, Kraken, and Huobi. With AWS at the core of many trading platforms, a single point of failure can ripple across the ecosystem.
“AWS down and 90% of crypto is down. Decentralization is a meme,” said Edmund Chua, head of mETH Protocol, in an X post.
Bitget CEO Gracy Chen also weighed in, suggesting the outage serves as a reminder to explore decentralized infrastructure. Decentralized cloud services — including Filecoin for storage, Akash Network for computing, and Render Network for GPU services — are increasingly being viewed as solutions to reduce dependency on centralized providers.
Extreme market volatility can sometimes trigger technical problems, raising concerns about the capacity of brokerages to handle high volumes. These glitches have often frustrated retail investors, especially those looking to “buy the dip” or adjust their positions.
