Bitcoin Network Congestion Causes Binance to Pause Withdrawals

2023-5-8 22:06

The world’s biggest crypto exchange has now resumed withdrawals, but problems continue to linger for the bitcoin protocol.

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Trading Exchange Okex’s Crypto Reserves Nosedived After Withdrawals Opened

Just recently, after the exchange paused cryptocurrency withdrawals, the trading platform Okex finally enabled digital currency withdrawals last Wednesday. Since then, the exchange seems to be experiencing an exodus of funds leaving, as onchain data shows Okex’s crypto-asset reserves like bitcoin, ethereum and tether have depleted considerably during the last ten days.

2020-12-7 02:00


OKEx Record Outflow of 29,300 BTC Since Resuming Withdrawals, Following a Five-Week-Long Suspension

Cryptocurrency exchange OKEx recorded a significant bitcoin outflow right after the full range of five-week-long withdrawal suspension was lifted on Thursday at 08:00 UTC. About 2,822 BTC was moved from the Asian exchange in block number 658,728 mined at 08:12 UTC — this was the most significant single-block outflow since May 2019.

2020-11-27 19:56


Kraken Relaunches Crypto Trading in Japan Following Two-Year Hiatus

After a two-year break, U. S. cryptocurrency exchange Kraken has launched funding and crypto trading services in Japan. In an Oct 22 blog post, the exchange announced it had launched spot trading for five major cryptocurrencies, domestic JPY currency deposits and withdrawals, and crypto deposits in Bitcoin, Ethereum, and a few other well-known cryptocurrencies.

2020-10-23 17:00