Binance halted withdrawals on April 15th as a result of an AWS outage affecting multiple cryptocurrency exchanges worldwide. The incident sparked debate about the concentration of digital asset infrastructure in central locations. The network disruption, originating from an AWS data center, impacted major exchanges like Binance and KuCoin. Binance CEO Richard Teng and his team provided transparent updates on recovery efforts. Despite service interruptions, no significant market volatility or financial losses occurred. AWS resolved the issue within 45 minutes, restoring full functionality for exchanges. The incident highlights a potential shift towards decentralized infrastructure solutions in the future.