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Binance crypto withdrawals return to normal following system backlog
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Major cryptocurrency exchange Binance announced the suspension of all transaction withdrawals on its platform on Monday morning due to a “large backlog” of data. CEO, Changpeng Zhao, assured all users that funds were safe, before the functionality was restored.
The platform shared this announcement on their official Twitter page via a thread, stating:
We're on it. Funds are SAFU. https://t.co/LbJbZsVhl0
Following the initial stoppage, Binance informed users that withdrawal activity had been
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