Author: DIE RUVIĆ | Reuters
The company states that the network is saturated and that the deposits are not threatened
The largest house for sale since cryptocurrencies world, Binanceannounced that it was temporarily suspending withdrawal bitcoins.
The company says they had to make this decision due to the “high volume of pending operations” and congestion on their network. The system is saturated and the company’s team is working on a solution to resume recall operations “as soon as possible,” they explained.
We are temporarily closed #BTC withdrawals due to the large amount of pending transactions.
Our team is currently working on repairs and will reopen $BTC withdrawals as soon as possible.
Rest assured, the funds are SAFU.
—Binance (@binance) May 8, 2023
A few hours ago, the company assured that they were already resuming operations, reflecting the large volume of asset outflows from Binance. The phenomenon they exclude has to do with the flight of depositors.
It is true that the company’s explanations do not convince many of its users even at this time of Monday bitcoin quote It already brings a yield of 2%, up to a threshold of 25,305 euros.
under a magnifying glass
Controversy over the management of the operation has added discredit due to the multiple open investigations it is facing. In fact, the United States Department of Justice would put the company under a magnifying glass because of its suspicions enabled Russian clients to access their accounts and circumvent sanctions imposed by the authorities after the invasion of Ukraine.
Source: La Vozde Galicia
I am Jason Root, author with 24 Instant News. I specialize in the Economy section, and have been writing for this sector for the past three years. My work focuses on the latest economic developments around the world and how these developments impact businesses and people’s lives. I also write about current trends in economics, business strategies and investments.
