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Binance Forced to Temporarily Suspend Withdrawals due to Record Levels of Platform Activity after Elon Musk Adds Bitcoin to his Twitter Bio
January 30, 2021 @ 3:54 pm By Omar Faridi
Binance, the world’s largest digital asset exchange in terms of volume and scope of operations, recently revealed that a sudden rush of new users on its platform had put its systems under a lot of stress and overload, leading it to temporarily suspend withdrawals.
Binance CEO
Changpeng Zhao or “CZ” stated that new user registrations and trading increased to an all-time record high. Digital currency prices also surged dramatically on Friday (January 29, 2021) after Tesla Inc. founder