Cryptocurrency exchange users faced widespread outages today after Amazon’s cloud computing service suffered a technical glitches.

The problem appeared in Amazon’s servers in Tokyo, which was reflected in the disruption of a number of services on Asian cryptocurrency exchanges.

The CEO of Binance, CZ, expressed his annoyance about the problem via a tweet on Twitter, that the “Amazon” servers prevent access to the application programming interface (API) related to withdrawals within the platform.

Many believe that the reason behind the failure of the Amazon servers is overheating. KuCoin also announced that a technical glitch caused some of its services to become unavailable.

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The main concern of cryptocurrency exchanges in Asia is that during the outage some market data is unexpectedly lost allowing users to buy cryptocurrency at very cheap rates.

Dovey Wan, co-founder of Primitive Ventures, noted the unusual behavior of cryptocurrency exchanges and noted a purchase of 45 bitcoins (BTC) at less than $1 per bitcoin, when the price of bitcoin at the time was $10,190.

The Amazon Cloud Services page confirms that there is a problem connecting to the Asian server located in Tokyo. According to an Amazon statement, the main cause of this malfunction has been discovered and the team is working to repair the damage.

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