A major Amazon Web Services (AWS) outage on April 15 disrupted trading and withdrawals across top crypto exchanges like Binance, KuCoin, and MEXC, exposing the risks of centralized cloud dependency in the crypto industry. The post Crypto Exchanges Binance and KuCoin Disrupted by AWS Outage, Services Now Recovering appeared first on Cryptonews.
JPMorgan added British pound-denominated accounts to its blockchain-based payments network, Kinexys, aiming to fill a gap left by the stablecoin market's predominant focus on the U.S. dollar. Kinexys enables corporate clients to transfer funds between JPMorgan accounts and currently processes over $2 billion in daily transactions.
Monerium has partnered with blockchain analytics firm Elliptic to boost compliance and real-time monitoring for its EURe stablecoin.
In a global market, tokenized securities make regulatory compliance easier for cross-border transactions, fractional ownership, and secondary markets
Withdrawals were suspended temporarily, with the outage impacting multiple crypto entities.
A major AWS outage on April 15 caused connectivity issues that disrupted centralized crypto exchanges (CEXs), affecting at least 12 AWS services. Binance and Kucoin temporarily halted their withdrawals as they faced technical issues with their cloud service provider Amazon Web Services (AWS).
One hundred days after the Markets in Crypto-Assets (MiCA) framework took effect, most of the crypto industry is still racing to catch up. On April 14, Circle's executive Patrick Hansen, citing data from the European Securities and Markets Authority (ESMA), reported that only 11 stablecoin issuers and 15 crypto-asset service providers (CASPs) had received authorization.
Binance and KuCoin temporarily suspended services due to an AWS data center outage, raising concerns about centralized infrastructure reliance.
Kraken is expanding its offerings to accommodate more traditional investors. The crypto exchange has announced plans for exchange-traded funds (ETFs) and US-listed stocks.
The crypto exchange confirmed that some services were impacted. Certain trades and orders failed, while others went through.
From Binance to KuCoin: Major exchanges crippled by single point of failure in Amazon Web Service data center.
Crypto wallet Rabby and analytics tool DeBank also went offline.
Google will require European crypto advertisers to follow the EU's MiCA framework starting April 23, applying new licensing rules across 27 countries.
Google is set to impose stricter regulations on crypto advertising across Europe, beginning April 23. Under the new guidelines, only cryptocurrency exchanges and wallet applications that possess a license under the European Union's Markets in Crypto-Assets (MiCA) framework will be permitted to run ads on Google's platforms.
Jake Gallen, who runs the non-fungible token (NFT) marketplace Emblem Vault, has alerted the crypto community about a scam that cost him over $100,000 in digital assets.
The looming uncertainty around Donald Trump's trade war has created chaos in the crypto market, resulting in investors opting to sell their altcoins. However, the crypto market has witnessed significant recovery since Trump put a pause on smartphone and electronics tariffs.
Projects and market makers together have manipulated artificial prices for several tokens in the recent past. DeFiance Capital founder questions why leading members are not taking actions against such occurrences.
Sonic price has held steady in the past few days as its ecosystem growth gained steam. The S token was trading at $0.50 on Tuesday, up by 35% from its lowest level this month, giving it a market cap of over $1.47 billion.
The crypto lending market has plunged from its bull market peak and has fallen 43% from its all-time high to $36.5 billion in Q4 2024.
A group of crypto users is taking legal action against Phantom Technologies, claiming the company's wallet put their funds at risk due to poor security choices.
Binance, KuCoin, MEXC and others are experiencing service issues due to a significant network interruption by Amazon Web Services (AWS). Centralized cryptocurrency exchanges (CEXs) have been hit by an AWS data center outage, which reported “connectivity issues” that affected at least 12 of its services on April 15.
Cryptocurrency exchange KuCoin has clarified that the assets of its users are safe following a large-scale network outage linked to Amazon Web Services (AWS). The popular trading platform says that the disruptions are “temporary,” and the team is currently working to fix them.
Crypto exchanges Binance and KuCoin temporarily suspended withdrawals amid reported issues with their data center provider Amazon Web Services (AWS).
Google to enforce new MiCA-compliant crypto ad rules in Europe starting April 23, requiring licensing and local legal compliance.
Cryptocurrency exchanges Binance, KuCoin alerted users about temporary interruptions that may result in partial execution of trading orders.
Crypto exchange Binance's services have started to resume and recover after a temporary issue involving a Amazon Web Services data center temporarily disrupted the platform servicing orders and withdrawals, it said in a post on X.
KiloEX, a decentralized crypto trading platform, has paused all activity after a security breach led to $7.5 million in losses.
Kraken now offers commission-free access to U.S.-listed stocks and ETFs for clients in 10 American states, expanding beyond crypto.
Coinbase Prime, the institutional arm of the popular cryptocurrency exchange, has announced it will end custody support for 49 altcoins by the end of this month.
Phantom wallet faces $3.1M lawsuit after security flaws allegedly enabled $500K theft, collapsing a Solana meme coin project.
Trump and Vance advocate for a trade agreement. UK prioritizes reduced tariffs.
The Financial Services Commission said that 14 crypto apps, including KuCoin and MEXC, have been removed from Apple's domestic App Store.
Cookie3, the company behind Cookie3 Analytics, KOL Intelligence, and cookie.fun, is bringing together top minds in crypto marketing for a unique, one-day event dedicated to the growing crypto marketing community. Taking place on April 30th at Warehouse Four in Al Quoz, Dubai, this exclusive gathering will run alongside Token2049 and aims to provide marketers and biz devs with a space to learn, connect, and unwind.
The total size of the crypto lending market fell to $36.5 billion in Q4 2024, down more than 40% from its all-time high in late 2021.
The crypto market continues to experience a phase of high volatility, marked by contrasting capital flows and increasingly influential macroeconomic dynamics. This is what emerges from the weekly report published by CoinShares, the leading European company in digital asset investments, which depicts a still uncertain landscape but with interesting insights for analysts and investors.
KuCoin, along with MEXC and 12 other crypto exchanges, have been removed from Apple's App Store in South Korea for operating without registration.
Crypto wallet provider Phantom is facing a lawsuit after an alleged security flaw allowed hackers to steal over $500,000 worth of Wiener Doge memecoin tokens. The complaint, filed on Apr.
Only 2.1% of central banks show potential interest in cryptocurrencies, down from 15.9% last year.
South Korea is cracking down on unregistered crypto platforms as a statement released on Monday revealed that the regulators have asked Apple to block 14 related apps from the local App Store in a move to tighten the oversight of illegal crypto activity and protect the users.
The governor of the Northern Mariana Islands, a small Pacific US territory just north of Guam, has killed the legislation that would have allowed one of the territory's local governments to launch a fully backed US dollar-pegged stablecoin.In an April 11 letter seen by Cointelegraph, Northern Mariana Islands Governor Arnold Palacios said he vetoed the bill as it “presents several legal issues and may be unconstitutional.” Palacios' letter said the bill, which largely dealt with issuing licenses to internet casinos, would regulate an activity that could not “be clearly restricted” to Tinian, a small island forming part of the territory that was hoping to launch a stablecoin.
The DeFi sector faced another major test this week as KiloEx, a newly launched perpetual trading platform backed by YZi Labs (formerly Binance Labs), suffered a coordinated exploit that drained approximately $7,000,000. The attack, which took place on 14 April, targeted BNB Smart Chain, Base, and Taiko—three blockchains central to KiloEx's multi-chain infrastructure.
The crypto lending market is showing signs of life again. Centralized finance (CeFi) and decentralized finance (DeFi) platforms are experiencing a resurgence, with the latter leading.
As global trade tensions rise, Euro-backed stablecoins like Circle's EURC are seeing rapid growth.
Changpeng Zhao refutes allegations of ties to the Federal Reserve.
Last week's tariff disruptions led to record outflows in digital assets, with Bitcoin suffering the largest losses.
Google and Apple pulled apps, including KuCoin and MEXC, after authorities flagged them for operating without proper registration.
The latest fund flows report from CoinShares reveals sustained outflows from crypto asset investment products, signaling continued caution from investors amid global economic pressures. According to the firm's data, last week marked the third consecutive week of outflows, totaling $795 million across various crypto-related funds.
The plaintiffs allege Phantom exposed users to malware and crypto theft. They are now seeking $3.1 million in damages.