News

Binance Blocks Bitcoin Withdrawals Amid Price Crash

By: Maksim Panasovskiy | 13.06.2022, 18:37

Binance Blocks Bitcoin Withdrawals Amid Price Crash

Cutting All cryptocurrencies collapsed amid record inflation in the US: Bitcoin costs less than $25,000 for the first time since 2020 affected the work of the stock exchange Binance. She is forced to block the withdrawal of funds in bitcoin.

What is known

The solution is temporary. The exchange is already working to fix all the problems. They are connected with the fact that the network $BTC stuck transaction, resulting in a long queue.

Binance has temporarily paused #Bitcoin withdrawals on the $BTC network. Meanwhile, you can still withdraw BTC on other networks.

This is due to a stuck on-chain transaction. Our team is currently working on a solution and will provide further updates soon.
— Binance (@binance) June 13, 2022

According to the exchange, problems are observed only in $BTC. Clients can now withdraw funds to Ethereum or BNB Chain. More information Binance promises to publish soon.

Source: @binance

Blockchain and cryptocurrencies

About Site

Sections

Blockchain and cryptocurrencies

Gaming

Epic Games Store

Electronic Arts

Most Interesting

Leaks and rumors

ru

ES IT DE PL UK FR

© 2007—2024 gagadget.com

AFFILIATE DISCLOSURE Some posts may contain affiliate links. Gagadget.com is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com.

var _merchantSettings=_merchantSettings || []; _merchantSettings.push(['AT', '10lpuJ']); (function(){var autolink=document.createElement('script');autolink.type='text/javascript';autolink.async=true; autolink.src= ('https:' == document.location.protocol) ? 'https://autolinkmaker.itunes.apple.com/js/itunes_autolinkmaker.js' : 'http://autolinkmaker.itunes.apple.com/js/itunes_autolinkmaker.js';var s=document.getElementsByTagName('script')[0];s.parentNode.insertBefore(autolink, s);})();

(function(w,d,s,l,i){w[l]=w[l]||[];w[l].push({'gtm.start': new Date().getTime(),event:'gtm.js'});var f=d.getElementsByTagName(s)[0], j=d.createElement(s),dl=l!='dataLayer'?'&l='+l:'';j.async=true;j.src= 'https://www.googletagmanager.com/gtm.js?id='+i+dl;f.parentNode.insertBefore(j,f); })(window,document,'script','dataLayer','GTM-KDNH3DF');