Binance, the world’s largest cryptocurrency exchange, announced that it has taken a decision that concerns millions of users. In the statements made by the company, it was stated that all withdrawals were temporarily suspended. Binance announced that this decision was taken due to backlog, and the technical team continues to work.
Binance’s first statement on the subject was made at 14:37. In the statements made on the official Twitter account, “We have suspended all withdrawals. This is because of the backlog in the system. You can be sure that our team is working on this situation. We thank you for your patience and apologize for the inconvenience.” At 15:50, when this content was prepared, the problem is still not resolved.
Binance’s statement on the subject is as follows;
The company made a new statement around 15:00. In this statement, it was stated that crypto money withdrawal transactions were restarted. However, officials who said that there may be a delay in the process of about 30 minutes, emphasized that there was no problem. In the last post made at 15:22, it was stated that the withdrawals were once again stopped.
It is not known what kind of backlog there was on Binance and how it could not be overcome. However, according to the statements made, the incident is not a cyber attack or hack. It seems that such a thing is being done due to the density in the systems. However, it is not known how long this situation will continue. . .
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