KuCoin Responds to Major Outage, Assures Funds Are Safe

Crypto exchange KuCoin has issued a statement following a widespread outage caused by AWS disruptions, assuring users that their assets remain secure. The platform confirmed the issue is temporary, and their technical team is working on a fix, with recovery details to follow. KuCoin also warned users to beware of misleading information during the downtime.

Earlier today, Binance faced a similar AWS-related issue, briefly suspending withdrawals before restoring them—with possible delays.