According to the official statement of Binance, the failure in the work was associated with the difficulties of processing data on the network of the AWS Data Center (Amazon Web Services). This led to the fact that part of the input and withdrawal operations of funds deviated, after which users were invited to repeat the operation.
Against the background of the Binance failure, she announced a temporary suspension Work service for withdrawal of assets from exchange accounts.
Simultaneously with Binance, Kucoin said with a message about technical problems in the processing of operations. The reason for the problems was a “large -scale network failure in working with AWS services,” the company said. The technical team of the exchange “is working on correction”, user assets “remain safe, and all the data are untouched,” the team platform said.
Later Binance Exchange reportedthat the work of the services began to recover, and the withdrawal of funds is resumed, although some delays can still be observed. The company said that the failure in the work was not associated with external attacks or vulnerabilities, but was exclusively technical.
Kucoin has not yet been received official messages from Kucoin on the restoration of the full operation of the exchange services.
Earlier, the Mudrex Indian cryptocurrency exchange announced the temporary suspension of the withdrawal of assets. According to the exchange, a pause is necessary to improve the security systems of the platform to prevent illegal operations and the actions of scammers.
Source: Bits

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