AWS Outage Affect Major Crypto Exchanges; Canada Dey Move Forward With Solana ETFs
On April 16, 2025, wahala for AWS cause problem for big cryptocurrency exchange like Binance and KuCoin, wey make dem stop people from withdrawing money and order no dey process well. Even though the exchange start work again quick quick, people still dey get problem with trade, wey show say their platform no strong well well. Meanwhile, Canada wan launch the first spot Solana ETFs with staking function for the world, wey Ontario Securities Commission approve. Dem go list am ontop Toronto Stock Exchange, wey be big thing compare to U.S., where dem still dey delay regulatory approval for similar ETF. On top of dat one, Semler Scientific settle case with US DOJ for $29.75 million and dem plan to use their Bitcoin to settle am. The company dey prepare to buy more Bitcoin after the case finish. All these things dey show say market for crypto dey change, as AWS problem dey show say we depend on technology too much and Canada ETF fit make Solana dey attractive.
Neutral
The AWS outage bin affect major exchanges for some time, e show say infrastructure dey weak, but dem solve am without any long-term problem; this one dey show say e no too affect market like that. Meanwhile, Canada Solana ETF plans and how companies like Semler Scientific dey plan to dey gather Bitcoin dey show say some cryptocurrencies fit grow well, e dey balance the temporary wahala wey AWS cause.