Binance gives 48-hour withdrawal target while Bitcoin deposits remain open

Share

Binance expects to resume cryptocurrency withdrawals within 48 hours as it overhauls its withdrawal service and related addresses. Binance Japan confirms that cryptocurrency deposits, trading and fiat transfers are operating normally, while crypto withdrawals remain suspended. The exchange estimates the total impact of the incident at around $6 billion, with approximately $3 billion in affected assets frozen on-chain through cooperation with blockchain partners. Holders can change their market exposure through trading but cannot transfer Bitcoin to an external wallet while the withdrawal route remains unavailable.

Source: Read the original article

Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Read More

Items