(Twitter) World’s largest crypto exchange Binance says a “large backlog” prompted a suspension of cryptocurrency withdrawals on its platform.
Binance says it is working on an update to restore withdrawals.
The crypto exchange has in the past faced a similar issue, with overload during periods of intense interest in cryptocurrency being blamed.
Other exchanges have reported outages before, with Coinbase experiencing the problem last week when Shiba Inu rose to record highs.
BNBUSD is up +1.97%.
