Cryptocurrency News

Binance assures users after 3rd-party glitch briefly halted withdrawals

08/18/2022

Less than a minute

2022.08.18 05:54

Binance assures users after 3rd-party glitch briefly halted withdrawals

Cryptocurrency exchange Binance announced a temporary freeze on withdrawals on Wednesday morning. The suspension took place across multiple networks as a result of a technical issue by a third-party provider, according to Binance.

In a tweet, the exchange said the incident took place around 7:00 am UTC and was resolved by the team within an hour.

08/18/2022

Less than a minute

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