All "hung" transactions were carried out. The operation of the main BTC network on the exchange has been restored.
</p>Binance announcedon the resumption of the withdrawal of funds in the Bitcoin network. All transactions that were waiting for a withdrawal on the main network (BTC) were completed.
On June 13, the Binance cryptocurrency exchange announcedtemporary suspension of withdrawals in the Bitcoin (BTC) network. The reason for the failure was that some transactions were stuck on the network due to the low commission for sending.
A technical malfunction on the exchange only affected the Bitcoin network. Users were still able to withdraw BTC through the BEP20 and ERC20 networks. It took 4 hours to fix the problem.
The platform states that the exchange team is working on a long-term solution to speed up pending transactions on the bitcoin (BTC) network and prevent similar situations in the future.
On Monday, June 13, the bitcoin rate aton the Binance crypto exchange fell by 13%, to a low of $23.7 thousand since December 2020. The market capitalization of the asset decreased to $458 billion with daily trading volumes of $50 billion, according to CoinGecko.
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