XRP Records Over 400M In Binance Withdrawals Since May 3 — What’s Happening?
The XRP market has seen a notable shift in large holders’ activity. Analyst Amr Taha, in a recent CryptoQuant post, highlights the implications of this changing dynamic and how it might affect the altcoin’s price. Related Reading: The CLARITY Act Is Not The Only Win For XRP, Here Are Other Wins For Ripple Large Holders […]
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It has been a heated start of the week for the crypto community. Crypto exchange Binance temporarily suspended withdrawals on the Bitcoin network. This happened the same day as Celsius halted all withdrawals, raising liquidity concerns. Naturally, many users started to worry about Binance as well. Disclaimer: The following op-ed represents the views of the […]
In a post-mortem issued shortly after it lifted the freeze on bitcoin withdrawals, Binance has identified the “repairing of several minor hardware failures on wallet consolidation” as the incident that ultimately forced it to pause withdrawals. To fix the problem and to stop this from recurring, Binance said it changed the logic “to only take successful UTXO from consolidation transactions or successful withdrawal transactions.”
Minor Hardware Failures
Binance has said bitcoin withdrawals on its Bitcoin network have resumed just hours after “a....
On July 16, Binance announced that it had integrated the layer-2 protocol Bitcoin Lightning Network into its platform, and users could use it to make deposits and withdrawals. And now, less than two months after this development, the platform has recorded a significant milestone with the protocol. Binance Node Growing Rapidly According to data from […]
Binance has announced that it will be resuming Dogecoin withdrawals after limiting the capability for users on the platform. The announcement came on Monday when the crypto exchange revealed that it had finally solved the issues that led to it closing Dogecoin withdrawals in the first place. The crypto exchange also used the opportunity to […]
Cryptocurrency exchange Binance has fully resumed EUR and GBP deposits and withdrawals via the SEPA payment network and Faster Payments Services (FPS). Binance is also offering all verified users zero fees for depositing EUR via SEPA and GBP via FPS to “celebrate the return of SEPA and FPS.”
SEPA and FPS Back on Binance
Cryptocurrency exchange Binance announced Monday that at 11:00 a.m. UTC for both desktop and app:
Binance and Paysafe will fully reopen EUR and GBP deposits and withdrawals respectively via the SEPA payment network (SEPA) and Faster Payments....