Binance paused Bitcoin withdrawals for three hours on June 13, explaining that some network maintenance resulted in transactions becoming "stuck and not able to be processed successfully". Although founder and CEO Changpeng Zhao predicted the pause would only take thirty minutes, the issue took closer to three hours to resolve.<p>I love it when I go to my bank to grab some cash from the ATM and discover that I can't, because someone else's cash clogged up the pipe.</p><p>The pause occurred as Bitcoin was reaching record low prices not seen since 2020, contributing to the ongoing pattern of Binance suddenly pausing withdrawals or undergoing maintenance during periods of chaos in the crypto ecosystem.</p>

"Binance paused bitcoin withdrawals for several hours Monday due to a 'stuck transaction'"

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Binance pauses Bitcoin withdrawals for 3 hours due to "stuck" transactions