Largest crypto exchange Binance temporarily stopped bitcoin withdrawals for the second time in a day due to high volumes. Our team is currently working on a fix and will reopen (bitcoin) withdrawals as soon as possible, the company said in a recent tweet. According to a statement, withdrawals were momentarily suspended ‘due to the high volume of pending transactions’. Cryptocurrency Collapse Continues as More Major Crypto Firms Go Out of Business.
Binance Halts Bitcoin Withdrawals
#NewsAlert 🚨 Largest crypto exchange Binance temporarily closes bitcoin withdrawals, cites 'congestion'#Crypto #Cryptocurrency #Binance #Bitcoin pic.twitter.com/ojPXipdvdM
— Moneycontrol (@moneycontrolcom) May 8, 2023
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