The world's largest crypto trading platform, Binance Exchange, has temporarily halted Bitcoin withdrawals due to network congestion. This is to prevent users from experiencing long waiting times for deposits and withdrawals during periods of network congestion. Binance is working on a solution and will reopen Bitcoin withdrawals as soon as possible. The suspension has raised concerns about the health of the Bitcoin protocol, with some speculating that the network is under a DOS attack. Additionally, Binance Exchange now supports Bitcoin ordinals.
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