Binance, KuCoin and other cryptocurrency exchanges temporarily halted withdrawals Monday after a technical issue at Amazon Web Services (AWS) disrupted the core functions of these platforms.

Canada is set to become the first country to offer spot Solana (SOL) exchange-traded funds (ETFs), with four new products launching on the Toronto Stock Exchange this week.

Healthcare technology firm Semler Scientific has agreed in principle to pay $29.75 million to settle a years-long U.S. Department of Justice investigation.

Top stories in the Crypto Roundup today:

• AWS Outage Briefly Disrupted Binance, KuCoin and Other Crypto Services
• Canada to Launch First Spot Solana ETFs With Staking This Week
• Semler Scientific Eyes More Bitcoin After Reaching $29.75 Million DOJ Settlement

AWS Outage Briefly Disrupted Binance, KuCoin and Other Crypto Services

Binance, KuCoin and other cryptocurrency exchanges temporarily halted withdrawals Monday after a technical issue at Amazon Web Services (AWS) disrupted the core functions of these platforms.

In a post on X, Binance said it was aware of a “temporary network interruption” caused by problems at an AWS data center. The outage affected order processing and transaction capabilities. Though withdrawals reopened just five minutes after the initial alert, users continued to report issues with placing trades on both Binance and KuCoin.

Crypto wallet Rabby and on-chain data platform DeBank were also knocked offline, according to their own social media posts. Both rely on AWS infrastructure for back-end operations.

AWS is the dominant cloud provider for the internet, offering computing and storage services to a range of businesses including crypto exchanges. A service disruption can freeze websites, block data access or stop automated systems like order matching engines.

Canada to Launch First Spot Solana ETFs With Staking This Week Ahead of U.S. Market

Canada is set to become the first country to offer spot Solana (SOL) exchange-traded funds (ETFs), with four new products launching on the Toronto Stock Exchange this week.

The ETFs, approved Monday by the Ontario Securities Commission, are being issued by Purpose Investments, Evolve ETFs, CI Global Asset Management and 3iQ. Each will offer staking — allowing fund managers to earn rewards by participating in the Solana network on behalf of investors.

In the U.S., firms including Grayscale, Fidelity and VanEck remain stuck in regulatory procedures as the Securities and Exchange Commission has yet to approve a spot Solana ETF. While two Solana futures ETFs are trading in the U.S., they’ve drawn limited interest, with less than $15 million in total assets under management between them.

Semler Scientific Eyes More Bitcoin After Reaching $29.75 Million DOJ Settlement

Healthcare technology firm Semler Scientific has agreed in principle to pay $29.75 million to settle a years-long U.S. Department of Justice investigation.

The probe centered on the marketing of QuantaFlo, a vascular disease diagnostic tool. According to Semler, the DOJ alleged the company may have violated federal anti-fraud laws. The tentative settlement follows an initial subpoena in 2017 and years of document requests.

To help fund the settlement, Semler has secured a loan agreement with crypto exchange Coinbase. The deal lets Semler borrow against its bitcoin stash — currently over 3,190 BTC — using those holdings as collateral. If the settlement is finalized, the company plans to draw from the loan facility and use the proceeds, along with available cash, to pay the fine.

The company hasn’t bought bitcoin since February, citing legal uncertainty. With the settlement now in motion, it’s signaling a return to accumulation. On Tuesday, Semler also filed to raise up to $500 million via an at-the-market securities offering, saying the bulk of the proceeds would go toward buying more BTC.

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