Binance lifts block on bitcoin withdrawals amid volume surge

Binance lifts block on bitcoin withdrawals amid volume surge

FILE PHOTO: Binance logo is seen in this illustration taken March 31, 2023. REUTERS/Dado Ruvic/Illustration

Cryptocurrency exchange Binance halted bitcoin withdrawals for several hours on Monday, citing heavy volumes and a surge in processing fees, before clearing them at a higher cost.

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