Binance Clarifies What Caused Earlier Bitcoin Withdrawal Issues

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.Binance restored Bitcoin network withdrawals and clarified what caused the earlier issues. mikeybellusci reports

on Monday in a series of tweets, saying they stemmed from repairs it was doing to address small hardware failures.

Binance wrote that it was “repairing several minor hardware failures on wallet consolidation nodes earlier today, which caused the earlier transactions that were pending to be broadcast to the network after the nodes were repaired.” The company said that “these pending consolidation transactions had a low gas fee, which resulted in the later withdrawal transactions – which were pointing to the pending consolidation UTXO - getting stuck and not able to be processed successfully.”

In order to fix these issues, Binance said it had to “change the logic to only take successful UTXO from consolidation transactions or successful withdrawal transactions. This fix will also prevent the same issue from happening again.” Binance’s explanation may soothe worries after crypto-lending network Celsius announced Sunday night it would

 

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binance mikeybellusci Interesting to know how much usdt they earn every day

binance mikeybellusci It's only a beta test, but x3 is a wonderful bonus, especially considering how awesome tribalpunk is.

binance mikeybellusci Yes yes...

binance mikeybellusci mashinsky will have to thank CZ for surviving one more day... CelsiusNetwork Mashinsky

binance mikeybellusci No one even knows what country he lives in and we are supposed to trust him? 😂. He claims he lives in Asia. But wont specify where.

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