21.co CEO Reacts to Binance Resuming Bitcoin Withdrawals

May 8, 2023

Binance briefly paused bitcoin withdrawals for around two hours Sunday afternoon U.S. time as the number of unconfirmed transactions hit a record high. Its second pause, taking place Sunday evening U.S. time, was also for just over two hours. "What's going on right now in Bitcoin is quite unprecedented," 21.co co-founder and CEO Hany Rashwan says, reacting to this development.

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