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Binance, the world's largest cryptocurrency exchange, has suspended cryptocurrency withdrawals

Binance, the world’s largest cryptocurrency exchange, has suspended cryptocurrency withdrawals

Binance, the largest cryptocurrency exchange in the world, has halted all cryptocurrency withdrawals on its website.

Early Monday, the exchange said on Twitter that it had temporarily banned all crypto withdrawals due to a massive backlog, but that the service has already been restored.

Binance tweeted just 20 minutes after the restart announcement that it has blocked all crypto withdrawals again, with no explanation. Further, updates will be shared on Twitter, according to the exchange.

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