The Amazon Web Services crash is causing havoc with crypto exchanges (could explain BitMex)
|AWS has crashed according to reports on twitter causing havoc at cryptocurrency exchanges.
Amazon Web Services (AWS) are an integral part of the API implementation process for many sites with Binance CEO Changpeng Zhao taking to twitter to confirm the news.
Previously FX Street had reported a flash crash at the BitMex exchange but it seems Binance has also had some issues. In similar cases, based on the CITEX exchange’s record book, many people were executing trades on Bitcoin for as low as $0.32.
Thankfully, AWS’s page indicated that there were some issues at the Tokyo facility and they were able to figure out the root cause of the problem, they also said services will be back to normal soon.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.