Binance Reopens Withdrawals for Ethereum, Solana, and SUI
1 report, 1 independent
Updated Jan 1
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What happened
Binance announced the reopening of withdrawals for several assets on various networks. These assets include Ethereum, Solana, SUI, BSC, and XRP. The resumption of withdrawals began at 04:00 GMT on Tuesday, and other assets like ARBITRUM, OPTIMISM, TRX, and BASE also resumed at the same time.
From indiatimes.com
Why it matters
Binance functions as a critical market platform for Bitcoin, where its operational status directly influences Bitcoin's price and market dynamics. The resumption of withdrawals for major tokens affects the liquidity and trading environment on the platform.
Who's involved
- BinanceCryptocurrency exchange that announced the withdrawal reopening
- North KoreaSovereign state that conducted a major cryptocurrency theft from Binance
- BitcoinDigital cash system whose price and market dynamics are influenced by Binance's operations
- CoinbaseMajor competing cryptocurrency exchange to Binance
- SpaceXPrivate aerospace company whose tokenized shares are traded on Binance