This traffic, eh? Binance paused Bitcoin withdrawals twice over the weekend, citing network congestion. There were even claims that someone was attacking the Bitcoin network as fees soared. As a fix, the world’s largest crypto exchange said Sunday night that it had adjusted miner fees and was hoping to enable Lightning Network withdrawals. But as crypto exchange OKX’s CIO Jason Lau pointed out: Binance is two years late.
Institutions & individuals aiming to make better, data driven decisions around digital assets, should go to Glassnode, the market-leading intelligence suite. Glassnode provides the metrics you need to time trades & manage risk effectively. Sign up for a free account or talk to our sales team today!
