Binance, the world's largest crypto exchange, has resumed Bitcoin withdrawals after two temporary pauses due to a congestion issue. The exchange has adjusted its miner fees and is exploring the use of Bitcoin's Lightning Network to speed up withdrawal times. The pause on Bitcoin withdrawals occurred amid a drastic increase in unconfirmed transactions, with over 420,000 pending transactions at the time of writing. Despite reassurances, the price of Bitcoin dropped to a week low of $27,790 on Monday morning.
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