Binance, one of the world’s largest cryptocurrency exchanges, announced that it has temporarily suspended all crypto currency transactions.
The reason for the suspension was shown as transaction intensity. “Due to congestion, we have temporarily disabled all crypto withdrawals. You can rest assured that our team is working on it. We thank you for your patience and apologize for the inconvenience caused.”
Making a statement on the subject, Binance CEO CZ stated that the assets of all users are safe.