Amazon Cloud Service AWS Outage Caused Major Issues At Some Exchanges

The problems with Amazon’s could service, AWS, have been disrupting services at some of the major cryptocurrency exchanges, the latest cryptocurrency news show. The Amazon cloud service AWS outage has been seeing problems internationally, and the Binance exchange is one of them.

According to the CEO Changpeng “CZ” Zhao, who tweeted:

It's causing some 500 error messages on APIs and affecting some withdrawal processing

— CZ Binance 🔶🔶🔶 (@cz_binance) August 23, 2019

The KuCoin cryptocurrency exchange is also saying that there are problems with the AWS Tokyo hosted services. The Amazon cloud service AWS outage has been explained on the website as:

“Due to the overheating of part of our chassis in the machine room we deployed in AWS, Tokyo, part of our services might become unavailable. The engineering operation team is currently deploying relevant resources of high availability across regions to deal with any possible emergencies that might happen. Some services might be effected during the deployment.”

According to the founding partner at the Primitive Ventures Dovey Wan noted, a number of Asian exchanges are affected and the Amazon Cloud Service AWS issues are producing erratic market data.

“Many Asian exchanges see price instability (and trades were able to execute, yes you can buy extremely cheap Bitcoin if you had limit orders there),” she wrote.

Wan was also featured on many best cryptocurrency news sites for tweeting a screen grab, apparently of order book data from an unnamed exchange that a customer had posted in the BitMax exchange and its official Telegram channel. This suggests that traders have been able to buy 45 Bitcoin for less than $1, while the price of BTC at the time was at $10,190.

Since then, BitMax has announced in its Telegram channel that it is halting withdrawals, even though it is not certain that the price data is sourced from their platform.

Since then, BitMax has announced in its Telegram channel that it is halting withdrawals, although it is still uncertain if the price data is sourced from their platform. This indicates that the Amazon Cloud Service AWS outage definitely caused many problems out there.

AWS’ status page also indicates that there are problems at its Tokyo facility – and the firm said that it has found the root cause and the situation is starting to return to normal.