Binance Restarts Withdrawals of Bitcoin After Second Halt


Binance restarted withdrawals of Bitcoin after citing congestion on the token’s blockchain for two halts in less than 12 hours, suspensions that weighed on cryptocurrency markets.

The company said higher fees have been applied to pending transactions so they get picked up by Bitcoin miners — the computer rigs that operate the network. Withdrawals had been down for over two hours on Monday in Asia.



Source link

Previous articleBitcoin Network Record High Congestion Caused by Huge Demand for BRC-20 Tokens
Next articleThe latest Pixel Tablet leak reveals specs, pricing, and an on-sale date