Binance has resumed Bitcoin withdrawals after temporarily halting the service twice within 12 hours due to a “large volume of pending transactions” and “congestion issue” on the Bitcoin network. Binance said it would solve the issue by replacing the transactions with a higher fee so that they get picked up by mining pools and had adjusted its fees to prevent a similar recurrence in the future. The largest daily volume of Bitcoin outflow from Binance was recorded on Sunday at around 188,281 Bitcoin, according to CryptoQuant data. (forkast)
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