Leading exchanges saw problems and outages related to the Amazon (NASDAQ:AMZN) Web Services, leading to withdrawal problems, 404 messages and even anomalous orders getting filled. Binance was one of the markets getting hit with the outage, as part of its services relied on AWS.
https://twitter.com/cz_binance/status/1164768489040535559
The recent outage is yet another example on how much the crypto sector is dependent on cloud services. Beyond exchanges, some nodes and storage facilities use AWS or other cloud-based services to offer a faster, global experience.
The KuCoin exchange was also affected, warning about limitations to some of its services:
“Due to ...