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Binance is facing crypto withdrawal issues due to a technical error, with withdrawals temporarily suspended on the Solana network. Coinbase also acknowledges errors in user transactions but assures the safety of assets. Binance is working to restore normal operations and has identified areas for optimization on Solana withdrawals.
🚨 @binance temporarily suspends @solana network withdrawals due to increased transaction volume. https://t.co/277bPMYriY
Crypto exchange Binance said Solana withdrawals have been suspended till Mar. 9 as it has identified 'some areas for optimization' https://t.co/gNoBWsj5qp
JUST IN: @BINANCE SUSPENDS $SOL NETWORK WITHDRAWALS UNTIL MARCH 9TH DUE TO 'VOLUME' ISSUES