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Due to the large volume of coin withdrawal transactions and the sharp increase in transaction fees, Coin Security suspended Bitcoin withdrawals twice a day
On the evening of May 7th at 21:13 Eastern Time, Binance, the world's largest cryptocurrency exchange, announced through its official social media account that due to the large volume of transactions waiting to be completed, the extraction of Bitcoin (abbreviated as BTC) on the platform has been suspended, and the team is studying a solution and will resume Bitcoin extraction as soon as possible.At 22:39, Coin An continued to post a tweet stating that due to the company's previously set fees not taking into account the recent surge in gas fees on the Bitcoin network, there are still a large number of Bitcoin extraction transactions that have not been completed, and the team is still working to accelerate the confirmation of all pending transactions
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What happened? The "World's Largest Digital Currency Exchange" suspended US dollar bank transfers
The chain effect caused by FTX thunderstorms is far from over.On Monday local time, the world's largest cryptocurrency exchange, Coin An, announced that it will suspend US dollar bank transfer services starting from Wednesday, without specifying the specific reason
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Coin security spot trading has been suspended due to issues, and the cryptocurrency market has plummeted in response
Coinance, the world's largest cryptocurrency exchange, has malfunctioned and its spot order book data has not been updated for a long time. Coin An stated on its social media platform that there is an issue affecting Binance's spot trading