News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Fintech

Binance hit by crypto withdrawal suspension

Binance said on Twitter on 1 November that it temporarily disabled all crypto withdrawals due to a large backlog, and later said the function has been resumed
Binance said on Twitter on 1 November that it temporarily disabled all crypto withdrawals due to a large backlog, and later said the function has been resumed Photo: Bloomberg via Getty Images

Binance, the world’s largest crypto exchange, briefly suspended all crypto withdrawals on its website on Monday.

The exchange announced on Twitter early Monday that it temporarily disabled all crypto withdrawals due to a large backlog, and later said the function has been resumed.

WSJ Logo