Binance assures users after 3rd-party glitch briefly halted withdrawals

Cointelegraph

Published Aug 17, 2022 09:59AM ET

Updated Aug 17, 2022 01:40PM ET

Cryptocurrency exchange Binance announced a temporary freeze on withdrawals on Wednesday morning. The suspension took place across multiple networks as a result of a technical issue by a third-party provider, according to Binance.

In a tweet, the exchange said the incident took place around 7:00 am UTC and was resolved by the team within an hour.

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