Binance resumes Bitcoin withdrawals after second 12-hour pause

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Binance resumed Bitcoin withdrawals after 2 halts due to blockchain congestion.

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Higher fees incentivized miners to pick up pending transactions.

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Withdrawals were down for over 2 hours on Monday in Asia.

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Binance adjusted fees and will monitor on-chain activity to prevent future halts.

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CryptoQuant data showed highest-ever net daily outflow of Bitcoin from Binance on May 7.

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Emergence of NFTs on Bitcoin network led to network congestion and increased fees.

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Binance and rivals reassured customers about fund safety after last year's crypto crash and bankruptcies.

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Sinema: “I’ll never be a Republican.”

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