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Binance paused bitcoin withdrawals for several hours Monday due to a ‘stuck transaction’

by Editor June 14, 2022, 4:04 am 1.9k Views

Binance paused bitcoin withdrawals for several hours Monday due to a 'stuck transaction'

The logo of cryptocurrency exchange Binance displayed on a smartphone with the word “cancelled” on a computer screen in the background.

Budrul Chukrut | SOPA Images | LightRocket via Getty Images

Binance on Monday morning temporarily paused bitcoin withdrawals “due to a stuck transaction causing a backlog.”

A tweet from Binance founder and CEO Changpeng Zhao noting the issue came at 8 a.m. ET, at which point Zhao said the problem would be…

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