Earlier in the day Binance, the world’s biggest cryptocurrency exchange, blocked users from withdrawing Bitcoin.
The three-hour suspension came after one of the world’s largest cryptocurrency lenders, Celsius, halted all withdrawals in the early hours of Monday morning following “extreme market conditions”.
Celsius, which allows customers to lend their Bitcoin in return for high yield interest, said: “We are taking this necessary action for the benefit of our entire community in order to stabilise liquidity and operations.”
Binance said its halt on Bitcoin trading was because of a “stuck transaction”.
Undoubtedly a stuck transaction and to stabilise liquidity.
Oh Yes.